Premium location is the key to market share in the highly competitive drugstore business, she said. Clark said he has already received several inquiries into his property. Krispy Kreme, a North Carolina-based doughnut chain, expressed interest. So have some restaurateurs. But he's not moving.
Banks also tend to locate on busy corners.
They have the money to compete with national retailers and have their own interests in high visibility and competitive market share. When State Bank of Colwich opened on Central and Tyler in 1992, the goal was to break into the west Wichita market right away by coming in with as high a profile as possible, said spokesperson Heather Hogan. We still have to take care of the bottom line. You want to be someplace that will bring customers now. Once they're in, development starts to move elsewhere.