Articles from Lightspeed Commerce Inc.

Lightspeed heralds a transformative era with industry-leading advanced data analytics, staffing solutions, smart inventory management, and effortless ordering system to meet the demands of the modern Quebec market

For the second year in a row, Mediacorp Canada’s Annual Competition recognizes Lightspeed for its health and wellness benefits

MONTREAL, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD), today announced its participation in two investor conferences. Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space.

NuORDER Assortments will streamline buying plans across brands, departments and teams

New product features enhance customer service, insights and unified integrations for both retailers and hospitality providers

Courses can now expand their online booking capabilities beyond tee times, offering 24/7 online bookings for off-course services such as golf simulators, lessons, fittings, racket sports and more

Brands are concerned about economic impact on consumer buying but opportunities exist

MONTREAL, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD) announced today a new partnership with GreatLIFE Golf, an industry-leading Multi-Course Operator (MCO). Through this partnership Lightspeed will provide courses in GreatLIFE’s portfolio with custom technology solutions that are tailored to their unique operational needs. Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs who wish to accelerate growth, provide the best customer experiences and become a go-to destination in their space.

MONTREAL, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD), today announced it will report third quarter 2024 financial results before the market open on Thursday, February 8, 2024. Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00am ET on Thursday, February 8, 2024.

Unique data from Lightspeed’s Advanced Insights module, reveals that last year business doubled for bars compared to the previous week; total number of transactions across all restaurant categories grew by 39%

Exclusive data from Lightspeed’s Advanced Insights module shows New Year’s Eve diners splurge on sparkling wine, steak and lobster.

MONTREAL, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD), today announced its participation in two investor conferences. Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space.

Speed, simplification and customization sit at the core of these product enhancements, letting merchants save time and focus on what matters to scale their business

Montreal, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD) announces to all current customers worldwide that it will meet or beat their existing third party payments processing rates when switching over to adopt its unified payments and POS platform, or else exempt customers from mandatory adoption of the platform and corresponding transaction fees. Previously this ‘Meet or Beat Promise’ was only available in North America.

Bars open last October 31 saw a 15% increase in total sales and a 26% increase in total number of tickets, suggesting a busy Halloween Tuesday this year

Over 300 partners, customers, industry leaders join Lightspeed’s executive team for three days of informative sessions, insightful panelists, exciting updates and more

MONTREAL, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD), today announced it will report second quarter 2024 financial results before the market open on Thursday, November 2, 2023. Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00am ET on Thursday, November 2, 2023.

From Dubai to Miami to Shanghai, JRI and Lightspeed join forces to deliver elevated dining experiences around the world

Accomplished technology CEO and board director returns to Lightspeed after two-year hiatus

Menu prices are still rising, but slowing down in line with overall inflation; employee turnover is up almost 76%

Takeout tips are down, but guests are dining out more often than last year—and rewarding great service when they do

Leading retailers, restaurants and golf operators join Lightspeed to keep innovating and scaling their businesses in the face of difficult economic conditions.

MONTREAL, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD) today announced the voting results for the items of business put forth by the Company at its annual and special shareholders meeting held on August 3rd, 2023 (the “Meeting”). Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space.

Lightspeed customers make up more than 30% of the list, with 6 courses inside the top 20. Merritt, British Columbia’s acclaimed Sagebrush Golf Club finished highest in the 6th spot

Lightspeed’s latest updates are helping sophisticated businesses stay ahead of the curve. With enhanced tracking abilities, merchants can streamline scheduling, inventory and orders to save time and focus on what matters

Lightspeed publishes its Fiscal 2023 Sustainability Report and renews its commitment to building stronger and more inclusive communities around the world through accessible, industry-leading technology

Evolved features and real-world impact mark Lightspeed Restaurant as an indispensable partner in today's hospitality landscape

Embedded financial services offering facilitates growth and innovation for ambitious retail and hospitality businesses

Two-year national partnership deal will also see the launch of ‘Summer Surge presented by Lightspeed’ player ranking

New solution enables brands to upgrade assortment planning with an online platform built to help solve all merchandising needs in a visual, collaborative digital environment

Lightspeed celebrates LGBTQ2S+-owned businesses and champions inclusive commerce by powering them with omnichannel retail technology

MONTREAL, May 30, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD), today announced its participation in the RBC Capital Markets 2023 Financial Technology Conference. Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space.

The rollout of new Lightspeed Retail features such as B2B Catalog and the Scanner App helps established businesses maximize margins and serve customers faster, amidst growing inflation and staffing shortages

Lightspeed customers make up more than 15% of the 2023 restaurant list, with Montreal darling ‘Mon Lapin’ taking the top spot as the best restaurant in Canada

For Fiscal 2023, total revenue grew to $730.5 million or 33% (36% in constant currency2), with annual Net Retention Rate4 of ~110%1234Total revenue for the quarter grew 26% YoY to $184.2 million (27% growth in constant currency2)Adjusted EBITDA loss significantly better than previously-established outlook and on track for break even for Fiscal 20241Lightspeed launches unified POS and payments initiative Gross Payments Volume for the quarter grew 70% YoY to $3.8 billionCustomer Locations processing more than $500,000/year in GTV grew by 13% YoY3 in the quarter

MONTREAL, May 17, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSELSPD) (TSX: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, is pleased to announce that it has renewed its partnership with Saks, the premier digital platform for luxury fashion, for another four years. The platform has streamlined previously manual processes, slashing time spent on order creation by 50% and reducing time spent on purchase orders and item creation by a remarkable 90%.

Lightspeed Restaurant now drives more efficiencies in hospitality thanks to streamlined ordering and payments on smartphone devices, Advanced Insights, Intelligent Tip Management, advanced APIs, and robust offline capabilities

MONTREAL, May 16, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSELSPD) (TSX: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, is pleased to announce that it has renewed its partnership with Saks, the premier digital platform for luxury fashion, for another four years. The platform has streamlined previously manual processes, slashing time spent on order creation by 50% and reducing time spent on purchase orders and item creation by a remarkable 90%.

Lightspeed Restaurant is a fast, flexible solution that empowers restaurant operators to make data-driven decisions on how to drive revenue and elevate the guest experience