Omnichannel

London -- Global online retail revenues will reach $4.3 trillion in 2025, accounting for nearly 20% of total retail, according to a new report from Frost & Sullivan. In leading markets such as the United States and the United Kingdom, nearly 25% of retail will be online, the study said.

Santa Monica, Calif. -- Global e-commerce sales are expected to rise 17.5% this year to $963 billion, up from $820.5 billion last year, according to a study by Siemer & Associates.

Currently, online accounts for just 6.5% of all retail sales worldwide but is growing four times faster than traditional retail. E-commerce sales are expected to account for 9.3% of retail sales by 2016.

New York -- Supply Chain Optimization, a special online report by Chain Store Age, looks at how changing demand, multiple channels and increased consumer expectations are redefining the retail landscape and putting increased emphasis on supply chain infrastructures.

Learn how to gain a competitive advantage by having a more efficient, flexible and, responsive supply chain.

Download the report.

Sydney, Australia -- Island Pacific has announced the deployment of its point-of-sale technology in Topshop’s Sydney and Melbourne stores.

Island Pacific’s software solutions are being used by the British fashion retailer to standardize its IT solutions. As a new business venture in Australia, Topshop wanted the day-to-day business of its retail divisions to be streamlined with receipting, sales and reporting functionality.

VeriFone and Lenovo teamed up to develop a mobile point of sale platform that promises to meet retail needs for Windows-based systems compatible with existing retail store systems.

The platform integrates a ThinkPad Tablet 2 based on the Intel Atom Z2760 processor with VeriFone's secure PAYware Mobile technology designed exclusively for the Lenovo tablet.

NAPERVILLE, Ill. — OfficeMax is taking its new Business Solutions Center store concept to Chicago’s business-rich Streeterville neighborhood later this summer. The retailer opened its first center in Milwaukee back in April to test the pilot concept. 

The currently unoccupied street-level location at 550 St. Clair St. will give the retailer 3,900-sq.-ft. of retail space where it will be able to showcase business services, solutions and products to help local entrepreneurs grow their businesses. 

Chicago -- Online grocer Peapod is taking its “virtual grocery store” concept on the road in a new promotional campaign. The company unveiled the concept at commuter rail stations in Chicago and the Northeast less than a year ago,

Peapod, a division of Ahold USA, will field trucks installed with digital billboards of grocery aisles at community recreation centers, coffee sleeves at local cafes, concert venues and other places.  

Seattle – Nordstrom is expanding a trial of marking the items in its stores that receive the most pins on Pinterest with small “P” logos. As reported by BusinessWeek, Nordstrom is taking the pilot from two to 13 stores.

Nordstrom, which has 4.5 million Pinterest followers, gives store associates access to an online dashboard that notifies which items the store has in stock are most pinned in their geographic area. The pilot is expected to conclude later this month.