Helping elevate business success across US
Foods' network of foodservice operators
MONTREAL, Aug. 9, 2024
/PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX:
LSPD) ("Lightspeed" or the "Company"), the one-stop
commerce platform empowering merchants to provide the best
omnichannel experiences, today announced a new collaboration with
US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice
distributors in the United
States.
Through this collaboration, Lightspeed Restaurant technology
will be available throughout US Foods' CHECK Business Tools
program, available to thousands of restaurants and food service
operators across the United
States. This dynamic collaboration will empower ambitious
entrepreneurs to accelerate growth, provide exceptional customer
experiences, and become go-to destinations in their space.
"Partnering with US Foods to bring our advanced POS solutions to
their CHECK Business Tools program marks a significant milestone,"
said Adoniram Sides, SVP of
Hospitality at Lightspeed. "Through this collaboration, we aim to
help restaurant operators streamline their operations, boost
profitability, and create memorable customer experiences. We're
setting a new standard in the dining industry by delivering
unmatched value and support to restaurateurs."
US Foods customers will gain access to multiple benefits within
the Lightspeed Restaurant platform:
- Exclusive US Foods Customer Offers on Lightspeed POS
Hardware: Making state-of-the-art technology upgrades
accessible and affordable.
- Advanced Insights: Boost sales and elevate customer
service with powerful menu insights, guest profiles, and server
reviews. Track customer habits and menu performance to spotlight
top dishes.
- Multi-Location Management: Effortlessly oversee multiple
locations with shared customer data and customizable menus for
delivery, dine-in, or specific devices.
Lightspeed Restaurant POS systems and Lightspeed Payments will
be leveraged through the US Foods CHECK Business Tools program. The
CHECK Business Tools program provides restaurateurs with the tools
they need to drive increased traffic, simplify their staffing and
modernize their restaurant operations – ultimately helping them
make more money and unlock their full potential. With Lightspeed as
a premier partner, restaurateurs are better equipped with
industry-leading tools to excel and stand out in a competitive
market.
"We are excited to welcome Lightspeed as a new provider
in our CHECK Business Tools Program," said Adam Stinn, Director of Business Solutions at US
Foods. "Our goal is to offer our customers reliable technology
providers, who bring meaningful solutions and impactful product
innovations to help their businesses succeed. We believe Lightspeed
has a lot to offer, and are looking forward to this new
collaboration."
Dive into the transformative features of Lightspeed
Restaurant on our website.
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 and
Toronto Stock Exchange (NYSE: LSPD) (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 X (formerly Twitter).
About US Foods
With a promise to help its customers Make It, US Foods is one of
America's great food companies and a leading foodservice
distributor, partnering with approximately 250,000 restaurants and
foodservice operators to help their businesses succeed. With more
than 70 broadline locations and approximately 90 cash and carry
stores, US Foods and its 30,000 associates provides its customers
with a broad and innovative food offering and a comprehensive suite
of e-commerce, technology and business solutions. US Foods is
headquartered in Rosemont,
Ill.
Visit www.usfoods.com to learn more.
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 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 U.S. Securities and
Exchange Commission, all of which are available under our profiles
on SEDAR+ at www.sedarplus.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.
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SOURCE Lightspeed Commerce Inc.