Linnworks Partners with Lightspeed Commerce for First POS Integration

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Jan 16, 2024, 10:47 ET

Unleashing the power of automation by integrating Lightspeed Retail POS and Linnworks' order and inventory management solution.

LOUISVILLE, Ky., Jan. 16, 2024 /PRNewswire/ -- Linnworks, an e-commerce inventory and order management software that helps retailers automate key processes, reduce costs, and grow their business, announces it has partnered with Lightspeed Commerce Inc., the unified ePOS and payments platform for ambitious entrepreneurs who wish to accelerate growth, provide the best customer experiences and become a go-to destination in their space. By partnering with Lightspeed, Linnworks is thrilled to offer its first-ever global ePOS integration, bringing together two e-commerce heavyweights.

As a result of the partnership, Linnworks customers easily connect to Lightspeed Retail and take advantage of the multitude of payment options, smart functionalities, and pre-built reports that give customers an incredible amount of insight into their e-commerce business while saving time and reducing costs. In addition to offering point-of-sale (POS) solutions for retailers, Lightspeed offers e-commerce and payment solutions. With the Linnworks integration, enterprise retailers benefit from an advanced solution to address their complex multi-location inventory needs.

"Our integration with Lightspeed Retail marks a significant milestone in our mission to empower businesses with the tools they need to thrive in the modern commerce landscape. Together with Lightspeed, we're not just connecting systems; we're forging a path to seamless operations, efficiency, and success. This partnership is a testament to our commitment to helping businesses conquer the complexities of multichannel selling and reach new heights of productivity and profitability." - Chris Timmer, CEO of Linnworks.

Liam Crooks, Managing Director of Lightspeed EMEA, commented: "Partnering with Linnworks was a no-brainer for us, our integration will benefit retailers immensely and ultimately help grow their business. Our partnership creates a one-stop shop for retailers wanting to scale their business."

From January 15th, 2024, the Linnworks and Lightspeed integrated solution is live, enabling retailers to automate key processes, reduce costs, and grow their business.

About Linnworks
Linnworks is a Connected CommerceOps platform that gives online retailers the power to connect, automate, and scale their e-commerce operations from a single source of truth.

Our solution brings three core attributes to the retailer: connectivity to a diverse number of marketplaces, automation to traditionally time-consuming e-commerce processes, and a centralized platform to manage listings, inventory, orders, and shipments.

With over 4,000 customers and $15 billion GMV processed every year, Linnworks empowers small and medium e-commerce retailers to simplify their commerce ops, drive new revenue, exceed customer expectations and streamline logistics.

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. 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 lightspeedhq.com

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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"). 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.ca 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.

Contact:
Bob Spoerl
773.453.2444

SOURCE Linnworks