Which of the following most logically completes the argument below?

Twenty percent of the stores in Morganville's downtown shopping district will fail within five years because they will be competing directly with the SaveMart discount department store newly opened in East Morganville. The downtown shopping district has lost business at this rate before and has always completely rebounded. Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because __________.

【选项】when the downtown shopping district has rebounded before, the business premises of a failed business were typically taken over by a business of the same kind as had been there before