The high costs of transport and returning products make selling on-line no cheaper than running a traditional store, delegates at ICSC's European Research Seminar in Copenhagen heard last week. Customers spend four times more in-store than online, according to research, confirming the importance of shopping centres and high streets to Europe's economy.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
