Yes they will. BUT in the past in other states, people found the crossbow easier to use, due to the fact you do not have to draw the string back and this could spook the animal.
Crossbows do not need the range time, the accessories, repair, and the maintenance that Bows do. SO more crossbow sales in the end means less for the Archery Stores to sell.
Arrows have to be cut, fletching.. etc.
The big box stores do not have target ranges. So even that is NOT a reason for stores to go out of business.
The easier weapon tends to take over. In Ohio the take of deer is about 5 X the number for regular Archery. Crossbow tends to take over when included WITH archery, while seperate seasons seems to increase sales of both.
Makes sense.. at least to me and most of the people against Crossbow as Archery.