The owner of a small hardware store—the only one in a medium-sized town in the mountains—has just learned that a large home improvement chain plans to open a new store nearby. How difficult will it be for the owner to plan for this new competitive threat? Explain your answer. This is for a Marketing Class.

What do you think ? We don't do your homework,

In real life, normally they end up closing, they can not buy at the same prices, the large box stores even sell at a loss for months or a year and so, just to close down the other stores.

I got it done, but don't know how to close question.