RetailNext Forms Collaborative Partnership with Lightspeed to Deliver Integrated Solutions

SAN JOSE, Calif., May 16, 2016 /PRNewswire/ -- RetailNext Inc., the worldwide expert and market leader in retail analytics for optimizing shopper experiences at brick-and-mortar retail stores, today at ShopTalk announced a new collaborative partnership with Lightspeed to deliver comprehensive, integrated omnichannel solutions to mid-market retailers around the globe. Together, the new partnership allows a quick, seamless integration of in-store analytics and point-of-sales (POS) systems, delivering an unparalleled level of store performance that was once the domain of only the largest retailers.

"With its hardware-agnostic architecture and continued exponential year-over-year growth, RetailNext's in-store analytics platform has firmly established itself as the dominant industry standard," said Kindra Tatarsky, head of corporate development at RetailNext. "As a committed leader in optimizing shopper experiences, RetailNext has consistently invested in capabilities to seamlessly integrate third-party, value-added data and solutions to better serve our customers and their shoppers. I'm very excited to go have Lightspeed join other world-class POS and retail technology companies as part of our RetailNext Ecosystem Partner Program."

The collaboration between RetailNext and Lightspeed will focus on delivering an integrated, cloud-based solution that includes best-in-class in-store analytics and point-of-sales systems. Through the Lightspeed API, RetailNext provides analytics and shopper insights to empower retailers to optimize critical performance metrics like conversion, average transaction value, shopper yield and more, as well as important Loss Prevention capabilities to maximize business results. The solution affords independent and mid-market retailers a wide variety of technology hardware infrastructure options to deploy, including RetailNext's newly introduced Aurora, the retail industry's first all-in-one sensor integrating stereo video in HD, Wi-Fi and Bluetooth into a single device.

About RetailNext 
The first technology platform to bring e-commerce style shopper analytics to brick-and-mortar stores, brands and malls, RetailNext is a pioneer in focusing entirely on optimizing the shopper experience. Through its centralized SaaS platform, RetailNext automatically collects and analyzes shopper behavior data, providing retailers with insight to improve the shopper experience real time.

More than 250 retailers in over 50 countries have adopted RetailNext's analytics software and retail expertise to better understand the shopper journey in order to increase same-store sales, reduce theft and eliminate unnecessary costs. RetailNext is headquartered in San Jose, CA. Learn more at www.retailnext.net.

About Lightspeed 
Headquartered in Montreal, Canada, Lightspeed is the most powerful cloud-based commerce solution for independent businesses, in-store and online. More than 36,000 retailers and restaurateurs processing over $12 billion in transactions annually use Lightspeed to manage their entire business - inventory, customer preferences, sales, and analytics - and grow it. Founded in 2005 with offices in Canada, USA, and Europe, Lightspeed is backed by Accel Partners, iNovia Capital, Caisse de dépôt et placement du Québec (CDPQ) and Investissement Québec (IQ). Find Lightspeed and its customer love by visiting www.lightspeedhq.com, Facebook.com/LightspeedHQ, Twitter: @LightspeedHQ (@LightspeedResto), and Instagram: @LightspeedHQ.

RetailNext Inc. and RetailNext are trademarks of RetailNext Inc. in the United States.

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SOURCE RetailNext Inc.

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http://www.retailnext.net