MONTREAL, Sept. 4,
2024 /CNW/ - Lightspeed Commerce Inc. (NYSE: LSPD)
(TSX: LSPD) ("Lightspeed"), the unified commerce platform
powering merchants to provide the best omnichannel experiences,
today announced its exclusive partnership with Le Fou Fou, a new European-style food hall set
to become a centerpiece of Montreal's vibrant dining and entertainment
scene.
Developed by MTB Collective and located within Montreal's newest landmark, the Royalmount
retail and lifestyle complex by Carbonleo, Le Fou Fou spans over 30,000 sq. ft. and
features 12 distinct dining concepts, three bars, and an expansive
6,000 sq. ft. outdoor terrace, the whole accommodating more than
900 guests. Powered by Lightspeed Restaurant, the food hall offers
a seamless blend of self-service and table-service ordering.
Through this partnership, Lightspeed's technology is fully
integrated across all vendors, elevating service, boosting
efficiency, and helping position Le Fou
Fou as a premier destination in Montreal's food scene. Guests can begin their
experience when Le Fou Fou is
planned to officially open on September
5th.
"Lightspeed is incredibly honored to have been chosen as the
trusted partner to power Le Fou Fou,
a key element to Montreal's
evolving culinary and dining scene," said Dax Dasilva, Founder and CEO of Lightspeed. "As
a Montreal-based business this
partnership holds special significance for us. We're
not only supporting a project that will breathe new life into the
area, but also setting a new standard in the food hall
industry."
Le Fou Fou will tap into key
features within the Lightspeed Restaurant platform, including:
- Multi-Basket Ordering: Patrons can order from multiple
locations in a single transaction, offering convenience and
improving operational efficiency through the use of QR codes at
each table.
- Kitchen Display System (KDS): Synchronizes
kitchen operations with real-time orders for timely and accurate
service.
- 5Loyalty Integration: Provides personalized loyalty
rewards and a seamless ordering experience across collection,
delivery, and in-house dining, including support for timed event
vouchers.
"Our mission at Le Foufou is to create an amazing experience for
our guests. The partnership between Le Fou Fou and Lightspeed allows for
multi-basket ordering, and results in a cutting-edge technology
stack that addresses long standing industry pain points," said
David Hass, Founder of MTB
Collective, the company behind Le Fou
Fou. "Together, we strive to set a new standard for utility
and efficiency to redefine the food hall experience, offering
unparalleled convenience for guests and streamlined operations for
vendors."
Lightspeed is the choice of thousands of restaurants worldwide,
driving faster service, higher revenue, and better customer
insights. Lightspeed powers Le Fou
Fou businesses including Eva's, Tiramisu, Le Taj, Kishu, Spirulina, Hogar, Tori Ramen, Prime Bar à Boeuf, À la table vins
et fromages, Il Miglio, Bar Sucré, Bayswater, Exchange Marché du Café, Le Lucky
Belly, and Brera catering, delivering seamless service and powerful
insights. To see it in action, click here.
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 (NYSE: LSPD) (TSX: LSPD). 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 www.lightspeedhq.com.
Follow us on social media: LinkedIn, Facebook, Instagram,
YouTube, and X (formerly Twitter).
About Le Fou Fou
Conceptualized as a European-style food hall, Le Fou Fou is Montreal's first to combine top-tier talent,
hi-touch technology and programming all year round. Le Fou Fou spans over 30,000 sq. ft. and
features 12 distinct dining concepts, three bars, and an expansive
6,000 sq. ft. outdoor terrace, accommodating more than 900 guests.
Their exclusive in-house catering partner Traiteur Brera will
accommodate corporate & private events. Dedicated to being a
cultural hub, curated happenings such as art events and live music
will entice guests as they sip and savor the many flavors of
Le Fou Fou. Brought to life by MTB
Collective founder David Haas in
collaboration with Carbonleo, this visionary project is located
within the Royalmount retail complex.
For more information on Le Fou
Fou, contact amy@zakcom.ca and follow @lefoufoumtl.
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.
SOURCE Lightspeed Commerce Inc.