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Lightspeed Commerce Announces Q1 Product Innovations Driving Growth for Retail, Hospitality, and Golf Businesses
Prnewswireยท 2025-07-15 12:00
Core Insights - Lightspeed is enhancing its product offerings to meet the evolving needs of merchants in retail, hospitality, and golf industries, focusing on intelligent tools for better business management [1] Retail - New features introduced by Lightspeed aim to address industry challenges, improve operational efficiency, and enhance customer engagement [2] - The "Order Trends" feature in NuORDER by Lightspeed provides buyers with data-driven insights, leading to a 10% increase in average order value for early adopters [2] - Custom Inventory Adjustments and new financial metrics like Inventory Turns and GMROI are now available, with users of Lightspeed Insights seeing a 25.4% higher GMROI compared to those not using it [3][19] - The Lightspeed Retail SuiteApp has achieved "Built for NetSuite" status, facilitating better data integration and visibility for retailers [4] - Enhanced omnichannel management features allow for seamless order tracking and custom online checkout charges [5] Hospitality - Lightspeed Restaurant's AI-powered Benchmarks and Trends feature is now available in Europe, helping restaurant owners understand their performance relative to competitors [6] - The upgraded Lightspeed Tableside mobile POS allows servers to take orders and payments directly at the table, improving service speed and efficiency [7][8] - Lightspeed Pulse provides real-time sales insights, enabling restaurateurs to track sales trends and performance easily [9] - New updates to kitchen operations and menu management streamline processes, enhancing overall efficiency [10] - A new Sales Report feature consolidates key sales insights, allowing operators to analyze performance by specific shifts [11] Golf - Lightspeed has partnered with Whoosh to enhance private golf operations, providing integrated membership management and real-time insights for clubs [12]