Why are Walgreens and CVS pharmacies always right across the street from each other?

Question

Why are Walgreens and CVS pharmacies always right across the street from each other?

Answer 1

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.

Answer 2

It's called Competition! Each one is trying to gain the Monopoly on this industry....Discusting, huh?

Answer 3

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