AG真人官方

NuORDER by Lightspeed and David Jones Deepen Partnership to Propel the Retailer鈥檚 Value Chain Transformation Forward

With an enhanced data-driven buying approach, David Jones seeks to improve inventory turnover and deliver a seamless omnichannel experience

MONTREAL--(BUSINESS WIRE)-- , a leading global commerce platform that enables retailers and brands to connect, collaborate, and make smarter buying decisions, announces an expanded partnership with David Jones, Australia鈥檚 leading premium department store. Recognizing the need for a solution to reduce overstocks and better serve ever-changing consumer preferences, David Jones is now expanding NuORDER by Lightspeed into its buying processes across menswear, womenswear, childrenswear, home and accessories. After initially launching with women鈥檚 international and designer ready-to-wear, David Jones is deepening its use of the NuORDER by Lightspeed platform to continue to deliver an unparalleled omnichannel shopping experience for its customers.

NuORDER by Lightspeed is a key enabler in David Jones鈥� value chain transformation, a key initiative within the retailer's Vision 2025+ strategy. Through strategic investment in transformation programs, David Jones is focused on innovation 鈥� modernizing platforms, offerings and experiences to meet the evolving needs of its customers. NuORDER by Lightspeed enables David Jones buyers to collaborate with brand partners through a digital interface to curate assortments and write orders more effectively, helping to drive higher turnover.

鈥淣uORDER has proven to be a critical component for our buying and merchandising processes. By investing in a technology that enables our buyers to be more agile, accurately identify trends, and collaborate closely with both local and international brands, we can better curate localized assortments by store, minimize overstocks, and improve relationships with our brand partners,鈥� said Bridget Veals, Executive General Manager of Womenswear, Footwear and Accessories. 鈥�We first used the platform in our womenswear category, and the results have been incredibly promising. We鈥檝e unlocked the next evolution of retail, and we look forward to seeing NuORDER鈥檚 impact scale more broadly across the business.鈥�

NuORDER by Lightspeed enables David Jones buyers to break out of spreadsheets and create visual roll-ups of assortments by brand or across a department, eliminating potential overbuys or underinvestment in current trends and helping to ensure financial targets are met. Enriched product data flows directly from brands, reducing order-writing time and enabling localized curation of product, color, sizing, and more with a few clicks. With NuORDER by Lightspeed, David Jones spent ~55% less time writing orders alone.

鈥淣uORDER is proud to partner with visionary retailers like David Jones. Our mission is to simplify and elevate the buying journey across continents鈥攅quipping teams with real-time tools, insights, and digital showrooms that reflect the future of fashion commerce,鈥� said Chris Akrimi, Head of B2B - GTM of NuORDER by Lightspeed.

For more information about NuORDER by Lightspeed, please visit .

About NuORDER by Lightspeed

NuORDER by Lightspeed is a leading B2B commerce platform powering wholesale buying and selling. NuORDER offers a full suite of commerce solutions engineered to streamline the way brands sell their products all around the world while providing retailers with the insights they need to make better buying decisions. Today, more than 4,000 brands and more than 100,000 vetted retailers use NuORDER to transform their wholesale operations. Lightspeed acquired NuORDER in 2021.

Follow NuORDER on social media: , , , and .

About Lightspeed

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations.

With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network. Backed by insights, and expert support, Lightspeed helps businesses run more efficiently and focus on what they do best.

Founded in Montr茅al, 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.

Follow us on , , , , and .

ABOUT DAVID JONES

David Jones is Australasia's leading premium department store retailer. The iconic department store first opened its doors in 1838 with the mission to sell the best and most exclusive goods. David Jones has 40 locations across Australia and New Zealand as well as and the mobile app in Australia and is the oldest continuously operating department store in the world still trading under its original name.

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鈥檚 product offerings and partnerships. 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 and on EDGAR at . 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.

View source version on businesswire.com:

For further information:

NuORDER by Lightspeed Media Relations - Laura Baumgartner, VP Asylum Public Relations [email protected]

Source: NuORDER by Lightspeed