500
Handy Hardware store is a small, family-owned business that has managed to survive despite the fact that there are several large chain hardware stores throughout East City. Handy’s has a loyal customer base and they do a good business. Many people go to Handy’s because of the friendly service and fair prices. It is located not far from a residential area, so many people can walk there. The owner, Ed Handy, knows many of his customers and they like and trust him.
Ed has heard that a large chain store, Home Helper, is opening a new store not far from Handy’s, and he is very concerned that he won’t be able to compete. His prices are reasonable, but because his store is small, he doesn’t have the huge volume of merchandise and the many
selections that Home Helper has. His store cannot carry large items such as lumber and appliances, and it doesn’t have nursery or gardening supplies either. Ed realizes it is convenient for shoppers to be able to buy many things in one store.
What is Ed's concern and what are some things he worries about with the new store?
What is: Ed is worried about the competition. He worries that they will have lower prices; more variety of merchandise such as lumber, appliances, and gardening; and that people will want to shop for more things at once.
(two examples will be accepted)