Well, it is "a baker's dozen", right? Not "all the bakers' dozens". Since the phrase incorporates a reference to a single individual, as a representative concept for all bakers.
So "the grocer's apostrophe" makes sense as a phrase referring to a typical individual grocer with a typical atypical apostrophe, standing in as a representative for all grocers and all their darned grocers' apostrophes.
So "the grocer's apostrophe" makes sense as a phrase referring to a typical individual grocer with a typical atypical apostrophe, standing in as a representative for all grocers and all their darned grocers' apostrophes.