Because both companies' market research departments came to the conclusion that the same general location would be the best spot for a pharmacy. It doesn't matter that a direct competitor is located right across the street. A retailer will lose more customers if they are in a bad location than if a competitor is next door.
Why are Walgreens and CVS pharmacies always right across the street from each other?
I dont know exact details but in my area Ft Worth,,TX,, a run down intersection bulldozed all old buildings and offered the spaces with tax cuts to rebuild new buildings. So we got Subway, Cvs Walgreen and a major gas station on that section. At another just few blocks away Wal Mart market and Cvs are across from each other. *mamatx
Reply:It's called Competition! Each one is trying to gain the Monopoly on this industry....Discusting, huh?
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