At Lebanon Rd. and Andrew Jackson Highway here in the Nashville area there is a Lowes on one side and a Home Depot on the other.
Five years ago I bought a water heater at Lowes and went across the street to get two pipe nipples that Home Depot carried and Lowes couldn’t sell me.
I think that has been Lowe’s strategy: look for orange buildings and build within sight of them. Makes store location easy!