Lightspeed Commerce Highlights New Product Innovations Solving Business Challenges Across Retail and Hospitality
Lightspeed Commerce (NYSE: LSPD) has announced significant product innovations across retail and hospitality sectors in Q3. The company introduced several key features including an expanded Scanner app with selling capabilities, a Kitchen Display System for restaurants, and enhanced promotional tools for retailers and wholesalers.
In retail, notable developments include growing their Supplier Network to over 1 million products, improved workforce management through Homebase integration, and enhanced inventory control via Cin7 Core collaboration. For hospitality, Lightspeed launched multi-location reporting tools, Instant Payouts for faster fund access, and mobile analytics through Lightspeed Pulse.
The company also strengthened its golf operations with new scheduling tools and extended its partnership with Landscapes Golf Management across 60+ properties. These innovations aim to streamline operations, enhance customer experiences, and help businesses scale efficiently across retail, hospitality, and golf sectors.
Lightspeed Commerce (NYSE: LSPD) ha annunciato importanti innovazioni di prodotto nei settori del commercio al dettaglio e dell'ospitalità nel terzo trimestre. L'azienda ha introdotto diverse funzionalità chiave, tra cui un'app Scanner ampliata con capacità di vendita, un Sistema di Visualizzazione della Cucina per ristoranti e strumenti promozionali potenziati per rivenditori e grossisti.
Nel retail, i progressi notevoli includono l'ampliamento della loro Rete di Fornitori a oltre 1 milione di prodotti, una gestione della forza lavoro migliorata tramite integrazione con Homebase e un controllo dell'inventario potenziato grazie alla collaborazione con Cin7 Core. Per l'ospitalità, Lightspeed ha lanciato strumenti di reporting per più sedi, Pagamenti Instantanei per un accesso più rapido ai fondi e analisi mobili tramite Lightspeed Pulse.
L'azienda ha anche rafforzato le sue operazioni nel golf con nuovi strumenti di programmazione ed esteso la sua partnership con Landscapes Golf Management su oltre 60 proprietà. Queste innovazioni mirano a semplificare le operazioni, migliorare le esperienze dei clienti e aiutare le aziende a scalare in modo efficiente nei settori del retail, dell'ospitalità e del golf.
Lightspeed Commerce (NYSE: LSPD) ha anunciado importantes innovaciones en productos en los sectores de retail y hospitalidad en el tercer trimestre. La empresa introdujo varias características clave, incluyendo una aplicación Scanner ampliada con capacidades de venta, un Sistema de Pantalla de Cocina para restaurantes y herramientas promocionales mejoradas para minoristas y mayoristas.
En el comercio minorista, los desarrollos notables incluyen la expansión de su Red de Proveedores a más de 1 millón de productos, una gestión de la fuerza laboral mejorada a través de la integración con Homebase y un control de inventario mejorado mediante la colaboración con Cin7 Core. Para la hospitalidad, Lightspeed lanzó herramientas de informes para múltiples ubicaciones, Pagos Instantáneos para un acceso más rápido a fondos y análisis móviles a través de Lightspeed Pulse.
Además, la compañía fortaleció sus operaciones de golf con nuevas herramientas de programación y amplió su asociación con Landscapes Golf Management en más de 60 propiedades. Estas innovaciones tienen como objetivo agilizar las operaciones, mejorar las experiencias de los clientes y ayudar a las empresas a escalar de manera eficiente en los sectores de retail, hospitalidad y golf.
라이트스피드 커머스 (NYSE: LSPD)는 3분기 소매 및 환대 부문에서 중요한 제품 혁신을 발표했습니다. 회사는 판매 기능이 포함된 확장된 스캐너 앱, 레스토랑을 위한 주방 디스플레이 시스템, 소매업체 및 도매업체를 위한 향상된 판촉 도구 등 여러 주요 기능을 도입했습니다.
소매 부문에서 주목할 만한 발전은 공급업체 네트워크를 100만 개 이상의 제품으로 확장하고, 홈베이스 통합을 통해 인력 관리를 개선하며, Cin7 Core 협력을 통해 재고 관리를 강화하는 것입니다. 환대 분야에서는 라이트스피드가 다중 위치 보고 도구, 신속한 자금 접근을 위한 즉각적인 지급, 라이트스피드 펄스를 통한 모바일 분석을 출시했습니다.
회사는 또한 새로운 일정 관리 도구로 골프 운영을 강화하고, Landscapes Golf Management와 60개 이상의 속성에서 파트너십을 확대했습니다. 이러한 혁신은 운영을 간소화하고 고객 경험을 향상시키며 소매, 환대 및 골프 분야에서 비즈니스가 효율적으로 성장할 수 있도록 돕는 것을 목표로 하고 있습니다.
Lightspeed Commerce (NYSE: LSPD) a annoncé d'importantes innovations produit dans les secteurs du commerce de détail et de l'hospitalité au cours du troisième trimestre. L'entreprise a introduit plusieurs fonctionnalités clés, y compris une application Scanner étendue avec des capacités de vente, un système d'affichage de cuisine pour les restaurants, et des outils promotionnels améliorés pour les détaillants et les grossistes.
Dans le secteur du commerce de détail, les développements notables incluent l'élargissement de leur réseau de fournisseurs à plus de 1 million de produits, une gestion de la main-d'œuvre améliorée grâce à l'intégration avec Homebase et un contrôle des stocks amélioré via la collaboration avec Cin7 Core. Pour l'hospitalité, Lightspeed a lancé des outils de reporting multi-sites, des paiements instantanés pour un accès plus rapide aux fonds, et des analyses mobiles via Lightspeed Pulse.
L'entreprise a également renforcé ses opérations de golf avec de nouveaux outils de planification et élargi son partenariat avec Landscapes Golf Management sur plus de 60 propriétés. Ces innovations visent à simplifier les opérations, améliorer l'expérience client et aider les entreprises à se développer efficacement dans les secteurs du commerce de détail, de l'hospitalité et du golf.
Lightspeed Commerce (NYSE: LSPD) hat bedeutende Produktinnovationen in den Bereichen Einzelhandel und Gastgewerbe im dritten Quartal angekündigt. Das Unternehmen hat mehrere wichtige Funktionen eingeführt, darunter eine erweiterte Scanner-App mit Verkaufsfunktionen, ein Küchendisplaysystem für Restaurants und verbesserte Werbemittel für Einzelhändler und Großhändler.
Im Einzelhandel umfassen die bemerkenswerten Entwicklungen den Ausbau ihres Lieferantennetzwerks auf über 1 Million Produkte, eine verbesserte Mitarbeitermanagement durch die Integration mit Homebase und eine verbesserte Bestandskontrolle durch die Zusammenarbeit mit Cin7 Core. Für das Gastgewerbe hat Lightspeed Multi-Standort-Reporting-Tools, Sofortauszahlungen für schnelleren Zugang zu Geldern und mobile Analysen durch Lightspeed Pulse eingeführt.
Das Unternehmen hat auch seine Golfoperationen mit neuen Planungswerkzeugen gestärkt und die Partnerschaft mit Landscapes Golf Management auf über 60 Immobilien ausgeweitet. Diese Innovationen zielen darauf ab, die Abläufe zu optimieren, die Kundenerfahrungen zu verbessern und Unternehmen zu helfen, effizient in den Bereichen Einzelhandel, Gastgewerbe und Golf zu skalieren.
- Expanded product catalog to over 1 million items in Supplier Network
- Launch of new revenue-generating features across retail and hospitality
- Extended partnership with Landscapes Golf Management covering 60+ properties
- Implementation of instant payout system for faster merchant fund access
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Insights
The comprehensive suite of Q3 product innovations signals Lightspeed's strategic push to deepen its competitive moat in the commerce platform space. The expanded Scanner app with mobile selling capabilities directly addresses a critical pain point in retail operations while potentially increasing revenue per merchant through improved conversion rates. This mobile-first approach aligns with evolving retail trends and could drive higher merchant adoption rates.
The integration of advanced features like Instant Payouts and the expanded Supplier Network (now exceeding 1 million products) represents a significant step toward creating a sticky ecosystem. These developments make platform switching more costly for merchants, potentially improving customer retention rates and lifetime value. The multi-vertical strategy across retail, hospitality and golf demonstrates platform scalability while creating diversified revenue streams.
Particularly noteworthy is the enhanced integration ecosystem, including partnerships with Homebase, Cin7 Core and 7shifts. These strategic collaborations suggest a platform approach similar to Shopify's app store model, which could lead to additional revenue streams through partnership fees and increased merchant satisfaction through broader functionality.
The expansion into specialized verticals like golf course management, evidenced by the Landscapes Golf Management partnership covering 60+ properties, reveals a sophisticated land-and-expand strategy. This approach could yield higher average revenue per user (ARPU) through industry-specific solutions while creating barriers to entry for competitors.
The strategic value of Lightspeed's Q3 innovations lies in their potential to drive operational efficiency and revenue optimization across merchant operations. The enhanced Kitchen Display System (KDS) and multi-location reporting tools directly address scalability challenges faced by growing restaurant groups, potentially reducing labor costs and improving service delivery times.
The integration of real-time analytics through Lightspeed Pulse represents a significant operational advantage, enabling data-driven decision-making that could materially impact profitability. The combination of instant payouts and enhanced inventory management tools addresses critical working capital and operational efficiency challenges, particularly valuable for small to medium-sized businesses managing tight cash flows.
The expanded promotional capabilities across multiple sales channels demonstrate a sophisticated understanding of modern retail operations, potentially increasing marketing efficiency and sales conversion rates. The streamlined special order fulfillment system shows particular promise for specialty retailers, potentially reducing order processing time and improving customer satisfaction scores.
The strategic partnership expansions, particularly in workforce management and inventory control, suggest a focus on reducing operational overhead and improving profit margins for merchants. This comprehensive approach to operational optimization could drive increased platform adoption and higher merchant satisfaction rates.
Significant product innovations in both retail and hospitality launched to support growing business challenges
"Q3 brought about some significant product innovations designed to help customers realize real value in their day-to-day business operations," said Dax Dasilva, Founder and Chief Executive Officer of Lightspeed. "From Selling on Scanner, to our Kitchen Display System, we're bringing transformative solutions to our merchants and restauranteurs, helping them find new opportunities to surprise and delight their customers."
Lightspeed's Q3 innovations brought a number of new products and feature sets across the retail and hospitality industries, including:
Retail
- Expanded Lightspeed Scanner Revolutionizes the Retail Shopping Experience
Lightspeed has expanded its Scanner app with selling capabilities, addressing the frustration of long lines and interrupted shopping experiences. Now available on the iPhone version of the app, the updated Scanner enables complete purchases directly from the shop floor using Mobile Selling. It's designed to create a more customized, seamless experience for customers while empowering retailers to scale up registers more efficiently during busy times. - Pushing Out More Powerful Promotions for Retailers and Wholesalers
Lightspeed gives both retailers and brands more flexibility when it comes to running promotions. Now retailers can create one promotion to run across multiple sales channels - in-store and online. Brands have the ability to offer new advanced promotions including free shipping, net term extensions and target these based on a range of conditions such as product availability or previous order history. Now both retailers and brands have more tools for their promotional strategies. - Growing a 1 Million+ Product Catalog to Support Retail Success
Lightspeed's Supplier Network now includes over 1 million new products, offering retailers high-quality data from leading brands across key verticals such as pet, home & garden, and golf. This growth simplifies inventory management and enables retailers to meet customer demand with tailored, seamless shopping experience. - Improved Workforce Management Capabilities with Homebase
Lightspeed's timeclock is now integrated with Homebase, enabling flagship retail customers to streamline employee tracking and management. This integration helps reduce missed shifts, early clock-ins, and accidental overtime—saving time and simplifying operations. - Enhanced Retail Inventory Control
Through an enhanced collaboration between Cin7 Core and Lightspeed Retail, customers can access a cloud-based, automated, and real-time solution for managing a retailer's entire inventory lifecycle. The integration helps retailers automate data synchronization, streamlining stock levels, sales orders, purchases, and stock adjustments between both systems. - Streamlined Special Order Fulfillment
Lightspeed extends its capability to manage complex sales workflows, enhancing special order fulfillment for cashiers. This launch is tailored to provide a seamless experience for customers purchasing multiple items that require separate forms of fulfillment. Retailers can now easily identify which items the customer takes immediately versus those that need to be fulfilled later, simplifying operations and maximizing sales opportunities. - More Tools to Showcase Product Catalog Online
Lightspeed extended its online tools to help merchants showcase their products online to grow sales with more options to display the catalog and draw attention to key offerings, discounts, sale offers, and brands offered. Improve the customer experience on the online storefronts with subcategory navigation, ensuring consumers can quickly find the products they want.
Hospitality
- Modernizing Kitchen Operations with the New Kitchen Display System
Lightspeed's KDS seamlessly connects front-of-house and back-of-house operations. Orders flow directly from the POS or Tableside into the kitchen for smooth execution. With support for diverse hardware and advanced coursing features, KDS helps kitchens prioritize and complete orders efficiently, even during peak hours. - Simplify Management with Multi-Location Reporting
Effortlessly oversee your entire restaurant group with Lightspeed's multi-location reporting tools. Compare sales metrics across all locations to gauge menu performance, monitor trends, and analyze real-time data—empowering smarter decisions for consistent growth. - Faster Access to Funds with Instant Payouts
Managing cash flow just got easier for restaurants with Lightspeed Payments' Instant Payouts. Eligible customers in select markets can now access funds within 30 minutes—even on weekends and holidays. Innovated to allow businesses to cover expenses faster and keep operations running smoothly, with instant deposits available directly through Lightspeed Back Office. - Actionable Insights on the go with Lightspeed Pulse
Lightspeed Pulse delivers restaurants operators with real-time access to essential metrics right from their mobile devices. From tracking performance to monitoring team efficiency, Pulse delivers actionable insights for quick, informed decisions. Designed to keep operators connected to their business anytime, anywhere, Lightspeed Pulse helps businesses stay ahead of trends. - Streamlined Payroll and Operations Management with 7shifts
With an expanded partnership with 7shifts, Lightspeed Restaurant customers inNorth America can simplify payroll processing, reduce labor costs, and improve team scheduling efficiency—saving time while driving operational excellence.
Golf
- Revolutionize Golf Course Operations with Lightspeed Scheduling
Simple, integrated scheduling tools help operators maximize bookings and revenue from an unlimited number of services with ease. Ranging from golf lessons and simulator bay bookings to pickleball court reservations, Lightspeed Scheduling allows golf operators to serve the growing customer demand for off-course golf activities at the club. - Transforming Golf Operations with Landscapes Golf Management Partnership
Landscapes Golf Management extended a multi-year partnership with Lightspeed earlier this year to deliver powerful tools that streamline operations and elevate the guest experience across 60+ properties in the Landscapes portfolio. From simplified tee time management to integrated point-of-sale and actionable insights, this collaboration helps operators improve workflows and drive revenue growth across their portfolio.
Lightspeed powers the world's best restaurants and retailers including: Taverne Atlantic (
About Lightspeed
Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale, and provide exceptional omnichannel customer experiences. Our cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks.
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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
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SOURCE Lightspeed Commerce Inc.
FAQ
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