In retail geography, what counterintuitive phenomenon occurs when nearly identical competing stores locate extremely close to each other (like gas stations at the same intersection)?

Location strategy is a critical aspect of retail success that blends geographical analysis with consumer behavior. While many retailers follow the common wisdom of high-traffic areas, sophisticated location planning involves much more nuanced geographical considerations. This trivia question explores an intriguing geographical phenomenon that challenges conventional retail location wisdom and has been validated through spatial analysis research.

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Hotelling's Law: Competitors cluster together to maximize market share despite intuition suggesting they should spread out
Reilly's Dispersal Effect: Competing stores naturally repel each other to establish territorial boundaries and reduce direct competition
Christaller's Zero-Sum Theory: Clustered competitors experience equal market share dilution, resulting in net negative returns for all businesses
Losch's Differentiation Principle: Proximity forces each retailer to develop unique offerings, increasing overall market diversity