My friend owns a Shoppers Drug Mart in Toronto. They employ the same strategy there too. In areas with high foot traffic they have a lot of stores close by to m

My friend owns a Shoppers Drug Mart in Toronto. They employ the same strategy there too. In areas with high foot traffic they have a lot of stores close by to make it hard for anyone else to start a business in the area. It ends up being more overall profitable because they take all the sales in that area leaving it harder for newer competitors to operate profitably. ABC stores in Honolulu employ the same strategy. There are mutilple ABC stores on the same block sometimes.