Lightspeed Transforms The Retail Experience With New Mobile Selling Application

Core Insights - Lightspeed Commerce Inc. has launched a new feature called Selling on Lightspeed Scanner, which allows sales associates to complete purchases directly with customers, enhancing the shopping experience by eliminating long lines and interruptions [1][3] Group 1: Product Features and Benefits - The Selling on Lightspeed Scanner feature is designed to improve customer service by addressing long wait times and inefficient service, which are common pain points in retail [2] - Research indicates that 39% of shoppers are willing to spend more due to great customer service, highlighting the importance of this new feature [2] - The feature allows retailers to provide personalized consultations, check inventory, and process transactions without leaving the customer's side, maximizing the impact of sales associates [7] Group 2: Market Position and Strategy - Lightspeed aims to transform the retail experience through innovation, with recent advancements including improved inventory management and enhanced employee management solutions [4] - The company is positioned as a leader in adapting to the future of retail, helping businesses stay ahead in a dynamic market [5] - Lightspeed's platform supports omnichannel experiences, integrating online and physical operations, which is crucial for modern retailers [6] Group 3: Company Background - Founded in 2005 in Montréal, Canada, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange, serving retail, hospitality, and golf businesses in over 100 countries [8]