Lightspeed Commerce Announces Q1 Product Innovations Driving Growth for Retail, Hospitality, and Golf Businesses
Lightspeed Commerce (NYSE:LSPD) has unveiled significant Q1 product innovations across its retail, hospitality, and golf solutions. The company's retail segment introduced Order Trends in NuORDER, delivering a 10% increase in average order value, and enhanced inventory tracking features that showed a 25.4% higher GMROI for merchants using Insights.
Key developments include achieving Built for NetSuite status, improved clienteling features, and enhanced omnichannel management. In hospitality, Lightspeed expanded its AI-powered Benchmarks and Trends to Europe, upgraded Tableside payment solutions, and introduced new sales reporting features. For golf operations, the company partnered with Whoosh to enhance private club management through integrated POS and membership systems.
Lightspeed Commerce (NYSE:LSPD) ha presentato importanti innovazioni di prodotto nel primo trimestre, rivolte ai settori retail, ospitalità e golf. Nel segmento retail, l'azienda ha lanciato Order Trends in NuORDER, che ha portato a un aumento del 10% nel valore medio degli ordini, e ha migliorato le funzionalità di monitoraggio dell'inventario, ottenendo un GMROI superiore del 25,4% per i commercianti che utilizzano Insights.
Tra gli sviluppi principali si annoverano il raggiungimento dello status Built for NetSuite, funzionalità potenziate per il clienteling e una gestione omnicanale migliorata. Nel settore dell'ospitalità, Lightspeed ha esteso in Europa i suoi Benchmarks e Trends basati sull'intelligenza artificiale, ha aggiornato le soluzioni di pagamento Tableside e introdotto nuove funzionalità per il reporting delle vendite. Per le operazioni golfistiche, l'azienda ha stretto una partnership con Whoosh per migliorare la gestione dei club privati attraverso sistemi POS e di membership integrati.
Lightspeed Commerce (NYSE:LSPD) ha presentado importantes innovaciones de producto en el primer trimestre, dirigidas a sus soluciones para retail, hostelería y golf. En el segmento de retail, la compañía lanzó Order Trends en NuORDER, logrando un aumento del 10% en el valor promedio de los pedidos, y mejoró las funciones de seguimiento de inventario, mostrando un GMROI un 25,4% mayor para los comerciantes que utilizan Insights.
Entre los desarrollos clave se incluyen la obtención del estatus Built for NetSuite, mejoras en las funcionalidades de clienteling y una gestión omnicanal optimizada. En hostelería, Lightspeed amplió sus Benchmarks y Trends impulsados por IA a Europa, actualizó las soluciones de pago Tableside y presentó nuevas funciones de reporte de ventas. Para las operaciones de golf, la empresa se asoció con Whoosh para mejorar la gestión de clubes privados mediante sistemas integrados de POS y membresía.
Lightspeed Commerce (NYSE:LSPD)는 소매, 환대 및 골프 솔루션 전반에 걸쳐 1분기 주요 제품 혁신을 공개했습니다. 소매 부문에서는 Order Trends를 NuORDER에 도입하여 평균 주문 금액이 10% 증가했으며, 인벤토리 추적 기능이 향상되어 Insights를 사용하는 상인들의 GMROI가 25.4% 더 높게 나타났습니다.
주요 발전 사항으로는 Built for NetSuite 인증 획득, 향상된 고객 관리 기능, 강화된 옴니채널 관리가 포함됩니다. 환대 부문에서는 AI 기반 Benchmarks 및 Trends를 유럽으로 확장하고, Tableside 결제 솔루션을 업그레이드했으며, 새로운 판매 보고 기능을 도입했습니다. 골프 운영 부문에서는 Whoosh와 협력하여 통합 POS 및 멤버십 시스템을 통해 프라이빗 클럽 관리를 강화했습니다.
Lightspeed Commerce (NYSE:LSPD) a dévoilé d'importantes innovations produits au premier trimestre, couvrant ses solutions pour le commerce de détail, l'hôtellerie et le golf. Le segment commerce de détail a introduit Order Trends dans NuORDER, entraînant une augmentation de 10 % de la valeur moyenne des commandes, ainsi que des fonctionnalités améliorées de suivi des stocks, avec un GMROI supérieur de 25,4 % pour les commerçants utilisant Insights.
Parmi les développements clés figurent l'obtention du statut Built for NetSuite, des fonctionnalités client améliorées et une gestion omnicanal renforcée. Dans l'hôtellerie, Lightspeed a étendu ses Benchmarks et Trends alimentés par l'IA en Europe, mis à jour les solutions de paiement Tableside et introduit de nouvelles fonctionnalités de reporting des ventes. Pour les opérations de golf, l'entreprise s'est associée à Whoosh pour améliorer la gestion des clubs privés grâce à des systèmes POS et d'adhésion intégrés.
Lightspeed Commerce (NYSE:LSPD) hat bedeutende Produktinnovationen für das erste Quartal vorgestellt, die sich auf seine Lösungen für Einzelhandel, Gastgewerbe und Golf beziehen. Im Einzelhandelssegment führte das Unternehmen Order Trends in NuORDER ein, was zu einem Anstieg des durchschnittlichen Bestellwerts um 10 % führte, und verbesserte Funktionen zur Bestandsverfolgung, die für Händler, die Insights nutzen, einen 25,4 % höheren GMROI zeigten.
Zu den wichtigsten Entwicklungen zählen der Erhalt des Built for NetSuite-Status, verbesserte Clienteling-Funktionen und eine optimierte Omnichannel-Verwaltung. Im Gastgewerbe hat Lightspeed seine KI-gestützten Benchmarks und Trends auf Europa ausgeweitet, die Tableside-Zahlungslösungen aktualisiert und neue Verkaufsberichts-Funktionen eingeführt. Für Golfbetriebe ging das Unternehmen eine Partnerschaft mit Whoosh ein, um das Management privater Clubs durch integrierte POS- und Mitgliedersysteme zu verbessern.
- None.
- None.
Insights
Lightspeed's Q1 innovations deliver measurable merchant benefits with data showing 10% higher order values and 25.4% better inventory returns.
Lightspeed's Q1 product innovation announcement demonstrates the company's strategic focus on high-value features that address genuine merchant pain points while simultaneously creating revenue opportunities and competitive advantages.
The most significant development is in the retail segment where Order Trends within NuORDER is delivering approximately
Similarly impressive is the
The company's strategic expansion into enterprise territory is evident with the achievement of "Built for NetSuite" status, opening doors to larger clients with more complex ERP needs. Meanwhile, the Whoosh partnership strengthens Lightspeed's position in the high-margin private golf club sector.
The geographic expansion of AI-powered Benchmarks and Trends into European markets indicates execution of international growth strategy, while the enhanced Lightspeed Tableside payment capabilities in the UK, Netherlands, and Belgium show commitment to omnichannel solutions that drive higher table turnover rates for hospitality clients.
These innovations collectively demonstrate Lightspeed's data-centric approach to product development, creating tools that not only improve operational efficiency but directly enhance merchants' profitability through better inventory management, increased sales, and improved customer experiences across retail, hospitality, and golf verticals.
Latest product updates deliver powerful innovations in data insights, inventory management, and membership services across key industries.
"In today's dynamic business landscape, merchants need more than just a point-of-sale system; they need a partner that provides intelligent tools to navigate complexity and seize opportunities," said Dax Dasilva, Founder and Chief Executive Officer of Lightspeed. "Our Q1 product releases reflect our unwavering commitment to delivering solutions that directly address the evolving needs of retailers, restaurateurs, and golf course operators, helping them optimize every aspect of their business from inventory to customer engagement."
Lightspeed's Q1 innovations brought a number of new products and feature sets across the retail, hospitality, and golf industries, including:
Retail
Lightspeed rolled out powerful new features designed to tackle common industry challenges, streamline operations, and enhance customer engagement. These updates provide retailers with comprehensive insights, improved efficiency, and enhanced tools for both in-store and online sales.
- NuORDER by Lightspeed introduces "Order Trends" to bring insight into wholesale buying
Buyers can now gain a competitive edge with data-driven buying. This feature surfaces aggregated, top-performing product data (category, size, color) at the brand level, allowing buyers to make confident stocking decisions, by understanding what's selling well for other retailers, and reducing their overhead risk. Early adopters of Order Trends have seen approximately10% increase in average order value. - Enhanced Inventory Tracking & Financial Metrics
Achieve greater precision by creating Custom Inventory Adjustments, allowing for detailed tracking of stock changes. Additionally, Lightspeed Insights now includes Inventory Turns and GMROI (Gross Margin Return on Investment), providing crucial financial metrics traditionally found only in ERPs, directly within Lightspeed to help retailers optimize profitability. Retailers using Insights have on average seen a25.4% higher GMROI compared to merchants without Insights1. - Lightspeed Retail achieves "Built for NetSuite" status
The new Lightspeed Retail SuiteApp enables retailers to integrate and automate data flows between NetSuite and Lightspeed Retail POS to improve data sync across products, inventory, and customer history; simplify transaction reporting; optimize inventory; and centralize multi-location data visibility. - Improved Clienteling on Lightspeed Scanner App
With the Lightspeed Scanner App, sales associates are empowered with real-time product information. It allows for easy product search, inventory checks, and pricing directly from the app, leading to a more informed shopping experience. For iOS users, the Scanner app also offers search filtering and supports Loyalty and Store Credit Payments on the shop floor, streamlining checkout. - Seamless Omnichannel Management
Lightspeed now offers enhanced support for Omnichannel refunds, statuses, charges, and packing slips. Retailers can set custom online checkout charges (including pickup fees), print packing slips for orders, and ensure order status (fulfillment and refunds) syncs seamlessly between platforms, providing end-to-end tracking.
Hospitality
- Lightspeed Restaurant's AI-powered Benchmarks and Trends launches in
Europe
Previously available to North American hospitality customers and now available in certain European countries as well, Benchmarks & Trends addresses the need to stay competitive in this evolving market by giving restaurant owners a deeper understanding of their own performance and how they measure up against local competitors. These insights can help boost revenue, streamline operations, and gain a competitive upper hand in a crowded dining landscape where customers are hungry for the best dining options. - Serve more, walk less with the upgraded Lightspeed Tableside
Lightspeed Tableside just got more versatile. Tableside is the pocket-size, mobile POS that allows servers to take orders and payments directly at the table, on the terrace, or wherever guests are. Now, with the addition of the sleek new Mobile Tap device to merchants in theUK ,Netherlands , andBelgium , Tableside can take tap, insert, and swipe, with battery life up to 48hrs. Powered by Lightspeed Payments, it speeds up service, increases table turnover, and keeps staff moving less while selling more. - Get deeper insights on the go with Lightspeed Pulse
Lightspeed Pulse, our real-time reporting App now offers deeper insights to help restauranteurs uncover sales trends. Stay informed on the go with digestible data—spot sales trends, top staff and best-sellers at a glance. Plus, a new "yesterday" filter makes it easy to check how the business performed at a glance, all from the convenience of a smartphone. - Streamlined operations and kitchen performance for better order flow
New updates make daily restaurant operations smoother and more efficient, from menu management to kitchen flow. Kitchen Display System (KDS) users can now directly access "Prep insights" to analyze kitchen performance. Meanwhile merchants now have more control over item details and menu updates, saving time by reducing the need for manual updates in the Back Office. - New Sales Report and real-time hourly sales metrics help improve profitability
Designed with profitability in mind, Lightspeed Restaurant launched Sales Report to consolidate all key sales insights into a single, clear and customizable view which empowers restaurateurs to analyze sales drivers and identify trends. Operators can get even more granular by filtering and selecting what metrics they want to see hourly, or analyze performance focusing on specific shifts, e.g. breakfast, lunch, dinner, etc. These new reports are designed to help businesses plan smarter shifts, cut costs and boost revenue with real-time insights.
Golf
- Lightspeed and Whoosh partnership elevates private golf operations
As Whoosh's Preferred Membership Management Partner, Lightspeed will provide Whoosh users in the Private club space its cloud-based point of sale, payments and membership management technology directly integrated into their tee sheet, giving clubs an automated, real-time view of member activity across the facility. A central feature of the partnership is Lightspeed Membership Management, a next-gen membership billing system, which enables clubs to centralize charges, set custom billing rules, and access real-time insights.
To learn more about these new features, visit Lightspeed's website.
About Lightspeed
Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations.
With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network. Backed by insights, and expert support, Lightspeed helps businesses run more efficiently and focus on what they do best.
Founded in
Follow us on LinkedIn, Facebook, Instagram, YouTube, and X.
Forward-Looking Statements
This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"), including information regarding Lightspeed's partnerships, product offerings and planned product roadmap. Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed's management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the
_________________________________ |
1 |
View original content to download multimedia:https://www.prnewswire.com/news-releases/lightspeed-commerce-announces-q1-product-innovations-driving-growth-for-retail-hospitality-and-golf-businesses-302504535.html
SOURCE Lightspeed Commerce Inc.