New Lightspeed Restaurant offers best-in-class
analytics, inventory management
MONTRÉAL, May 12, 2022
/PRNewswire/ - Lightspeed Commerce Inc. (TSX: LSPD)
(NYSE: LSPD), the one-stop commerce platform for merchants around
the world to simplify, scale and create exceptional customer
experiences, will be showcasing their new Lightspeed Restaurant
flagship POS and commerce platform at the 2022 National Restaurant
Association show in Chicago
May 21-24.
"After the unprecedented challenges the industry has faced over
the past two years, Lightspeed is thrilled to return to McCormick
Place to spend time with our customers and partners with a brand
new commerce platform," said Hospitality GM Peter Dougherty. "We're ready to wow the
industry with what Lightspeed Restaurant can do."
Lightspeed Restaurant brings the power of thoughtful
integrations and cloud technology to the hospitality industry, with
fully integrated inventory, payments, analytics, and online
ordering, as well as simplified workflows and interfaces in the POS
and back-office software so your technology never slows you
down.
Lightspeed will have its comprehensive hospitality commerce
solutions on display in the Tech Pavilion at Booth #6265, with
industry experts doing live demos of features that help streamline
operations and run smarter restaurants, like Order Anywhere,
Automated Inventory, Lightspeed Payments, and more.
Hospitality GM Peter Dougherty
will also be on the NRA show mainstage with Terrace Bay Hotel owner
Jarred Drown and food and
beverage/front-of-house director Sam
Barton to discuss the mounting challenges of food and labor
costs in today's market and how technology can help manage costs
and automate tasks.
Terrace Bay is leveraging the new Lightspeed Restaurant to
streamline shifts and simplify operations: "With integrated
payments for Lightspeed Restaurant, it's just that little bit extra
that helps the server handle that fifth table they might have. It
helps the flow and helps you turn the tables faster," said owner
Jarred Drown. He also finds working
with a fast, efficient cloud-based system has saved him time: "I
like being able to change things in the back office and then seeing
those updates immediately without bogging down the system."
Lightspeed is offering an exclusive hardware offer to merchants
who sign up to partner with Lightspeed at the NRA show. To register
for the NRA show, click here. Lightspeed Restaurant is leveraged by
Five Guys, Daniel, Kei, Canlis, and Alinea, and is now available in
the United States, Canada, the United
Kingdom, France,
Belgium, the Netherlands, Switzerland, and Germany. Learn more about Lightspeed
Restaurant on our website and see the new Lightspeed
Restaurant in action here.
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 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.
Founded in Montréal, Canada in
2005, Lightspeed is dual-listed on the New York Stock Exchange
(NYSE: LSPD) and Toronto Stock Exchange (TSX: LSPD). With teams
across North America, Europe and Asia
Pacific, the company serves retail, hospitality and golf
businesses in over 100 countries.
For more information, see www.lightspeedhq.com.
Follow us on social
media: LinkedIn, Facebook, Instagram, YouTube,
and Twitter.
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"). 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 U.S.
Securities and Exchange Commission, all of which are available
under our profile on SEDAR at www.sedar.com and on EDGAR at
www.sec.gov. Readers are cautioned to consider these and other
factors carefully when making decisions with respect to
Lightspeed's subordinate voting shares and not to place undue
reliance on forward-looking statements. Forward-looking statements
contained in this news release are not guarantees of future
performance and, while forward-looking statements are based on
certain assumptions that Lightspeed considers reasonable, actual
events and results could differ materially from those expressed or
implied by forward-looking statements made by Lightspeed. Except as
may be expressly required by applicable law, Lightspeed does not
undertake any obligation to update publicly or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
Media
Contacts:
Victoria Baker,
NKPR
victoriab@nkpr.net
Jennifer Fugel, Newsmaker
Group
jfugel@newsmakergroup.com
Lightspeed Media Relations:
media@lightspeedhq.com
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SOURCE Lightspeed Commerce Inc.