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Lightspeed is a cloud-based commerce platform powering small and medium-sized businesses in over 100 countries around the world. With smart, scalable and dependable point of sale systems, it's an all-in-one solution that helps restaurants and retailers sell across channels, manage operations, engage with consumers, accept payments and grow their business. Headquartered in Montréal, Canada, Lightspeed is trusted by favorite local businesses, where the community goes to shop and dine. Lightspeed has offices in Canada, USA, Europe and Australia.
When you look at your sales numbers, high revenue doesn’t always mean you’re actually making a profit. The contribution margin...
Open-to-buy (OTB) is an inventory budgeting strategy that determines exactly how much merchandise a retailer can purchase over a specific...
Whether you run a brick-and-mortar shop, an ecommerce site or both, getting a grip on how your retail business is performing is key...
🎧 Prefer to listen? Press play below: Barcodes are an essential part of doing business as a retailer. So are SKUs. Because they’re...
Operating expenses (OPEX) are a crucial part of running a retail business. From rent and utilities to payroll and marketing, these...
There are a lot of memorable, one-off moments that are part of running a retail business. Opening your doors for the first time, making...
Managing inventory is a balancing act for growing businesses, especially those with multiple locations. When products lose value or...
🎧 Prefer to listen? Press play below: As a US based retailer, you already have to manage high turnover and the challenges that...
Forecasting demand is essential for retailers to accurately predict how much of a product they should purchase. The inventory a retailer...
A single convincing message can be all it takes to put your business at risk. Staying informed is your first line of defense.Impersonation...
Your profit margin is a metric that should always be on your radar, and for good reason: it answers critical questions about your business,...
So, you’re thinking about opening up a retail store? In today’s digital age with same-day eCommerce deliveries, your friends and...
🎧 Prefer to listen? Press play below: The global e-cigarette and vape market is much larger than you might think, and it’s expanding...
Starting an ice cream truck business can be an excellent choice for an entrepreneur launching a career.The financial barriers to entry...
How does the food served by restaurants affect our planet? While the restaurant industry focuses on creating memorable experiences...
Every scan and swipe at your counter is more than just a sale. All those POS transactions and interactions are data points that impact...
At NRF, we hosted our exclusive industry event Lightspeed Edge, and the energy was unmatched. It was a space for real conversation—practical...
For retailers, doing a physical inventory count is something that often gets put off. Why? Because counting all of the merchandise...
Every transaction captures specific details about inventory levels, customer preferences and staff performance. POS data is the foundation...
When’s the last time you compared the inventory records from your point of sale system to the counted inventory levels in your stores?As...
The busiest sales season of the year is here, and now’s the time to take charge of your online presence if you haven’t already....
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