12:12 PM EDT, 04/03/2025 (MT Newswires) -- (Updates shares.)
Lightspeed Commerce ( LSPD ) on Thursday said it launched inventory replenishment into Lightspeed Retail, the company's point of sale platform.
Tapping into Lightspeed NuORDER, the company said the launch introduces capabilities to streamline wholesale processes for leading brands and retailers, including a new, rebranded name for Lightspeed's wholesale network.
PO Sync, the latest enhancement from Lightspeed as part of Lightspeed NuORDER, allows retailers to place order replenishments within Lightspeed's point of sale platform and send to their suppliers in one click.
"Wholesale commerce has traditionally been fragmented and inefficient, creating friction for both brands and retailers," said chief executive Dax Dasilva. "With Lightspeed NuORDER, we're redefining the way businesses manage their wholesale operations, making it easier than ever to scale and drive revenue growth."
Lightspeed shares were last seen down $0.92 to $12.06 on the Toronto Stock Exchange.
Price: 11.97, Change: -1.01, Percent Change: -7.78