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Why are similar stores often near each other?

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modcom77
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15 Jan 2014, 12:01 pm

I think similar stores are located next to each other because if one store exists, there are already potential customers for the other, and if the original store is closed or has more expensive prices, people will go to the other store.



Shatbat
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15 Jan 2014, 12:39 pm

http://ed.ted.com/lessons/why-do-compet ... ac-de-haan

I watched this video half a year ago, it was pretty good and informative

[youtube]http://www.youtube.com/watch?v=jILgxeNBK_8[/youtube]


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