Why are CVS and Walgreens always next to each other?

Why are CVS and Walgreens always next to each other?

CVS and Walgreens are always located together because of Hotelling’s law, which says businesses selling similar products cluster together to maximize their market share. Locating together also helps each benefit from the other store’s advertising since customers would inevitably visit the same location.

See also  What are the benefits of having a PPO?