Elevating the Culinary Scene: Introducing the Next Evolution of Lightspeed Restaurant in Quebec

MONTREAL, March 25, 2024 /PRNewswire/ Lightspeed Commerce Inc. (NYSE | TSX: LSPD) proudly launches its flagship Lightspeed Restaurant in its home province of Quebec, equipping restaurateurs with smart, intuitive solutions that empower them to scale their operations, turning challenges into opportunities for innovation and success. Powering the world’s best businesses, Lightspeed is the unified POS 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.

In the backdrop of a challenging period for Quebec’s restaurant industry, marked by significant financial pressures and operational hurdles, Lightspeed Restaurant emerges as a pivotal solution. Insights from The Quebec Restaurant Association’s insights reveal a tough landscape, with noticeable downturns and increasing operational costs in 2023. Yet, the resilience of the sector shines through, with anticipated growth rebounding to $18.7 billion in foodservice sales by 2026.

Regarded globally, Lightspeed Restaurant is trusted and engineered for complex, multi-location businesses around the world. Its key features, designed for efficiency and growth, addresses critical needs within the industry: 

• Advanced Insights: harness real-time customer data for on-the-spot operational adjustments, leading to increased guest satisfaction and optimized team performance,  instrumental in navigating staff shortages.
• Automated inventory management: tackle rising food costs head-on by reducing waste with precise tracking and cost analysis, as every ingredient contributes to your menu creations.   
• Order Anywhere: allow guests to order directly from the comfort of their seats or online, simplifying service and paving the way for an elevated dining experience.

“Reflecting on Lightspeed’s journey from its inception in Montreal to becoming a global beacon of innovative commerce solutions fills me with immense pride,” shared Dax Dasilva, Founder and CEO of Lightspeed. “Our dedication goes beyond technology; it’s about fostering a thriving ecosystem for Quebec’s restaurant industry, offering intuitive tools that cater to the unique needs of restaurateurs. Our commitment is to elevate and transform local businesses, ensuring they not only navigate but thrive amidst a dynamic landscape.”

In conjunction with the launch of Lightspeed Restaurant in Quebec, and to further bolster the Company’s commitment to local businesses, Lightspeed proudly partnered with the sixth edition of the Lauriers de la gastronomie québécoise. This annual award recognizes Quebec’s culinary greats, as determined by their peers. Lightspeed will be hosting the 2024 Lauriers nomination ceremony at its headquarters today on March 25, 2024.  

Lightspeed powers Quebec’s–and the world’s best–restaurants and hospitality businesses, including: Fairmont Le Manoir Richelieu (La Malbaie), Taverne Atlantic (Montréal), Daniel Boulud Group (NYC), Alinea Group (Chicago), Big Mamma (Europe), Kei (Paris). Lightspeed Restaurant is currently available in Canada, the United States, the United Kingdom, France, Belgium, the Netherlands, Switzerland, Germany and Australia.

Dive into the transformative features of Lightspeed Restaurant on our website. To witness its powerful capabilities, see www.lightspeedhq.com/pos/restaurant.

To read the full press release: see here