LOS ANGELES, Dec. 9, 2021 /PRNewswire/ -- NuORDER by
Lightspeed (NYSE: LSPD) (TSX: LSPD) highlights its positive
collaboration with retail client Bloomingdale's.
The partnership has delivered meaningful impact for
Bloomingdales buying processes during market appointments, order
writing and style outs. With NuORDER by Lightspeed, Bloomingdale's has digitized key buying
processes by enabling its buyers and brands to collaborate
digitally and in real time, creating meaningful efficiencies. This
has led to reduced time spent on writing orders and
preparing for style out reviews for key buying teams.
"With Bloomie's, we wanted to offer the best of Bloomingdale's with a curated lens. NuORDER by
Lightspeed gave us the ability to curate with precision for the
Bloomie's assortment, which is a very different environment and
footprint. In order to achieve the desired experience, we needed to
make sure we have volume in all styles, without duplication," said
Denise Magid, Executive Vice
President, General Merchandise Manager of RTW, Center Core, Outlets
& Concessions, Bloomingdale's.
The visually-driven and intuitive NuORDER by Lightspeed platform
was key for Bloomingdale's to
build the assortment for Bloomie's, its new smaller store concept
which offers an approachable and elevated mix of top designers,
luxury brands, and emerging labels. The NuORDER by Lightspeed
proprietary assortment tool enabled Bloomingdale's to complete its first fully
digital buy for the new Bloomie's location and deliver a unique
curation for customers.
"We are thrilled to partner with a forward-thinking business
like Bloomingdale's and empower
their teams with the tools and data they need to curate with
precision. In the current remote working environment, the ability
to visualize the buy on our platform allowed them to capitalize on
white space opportunities and eliminate highly manual processes,"
said Olivia Skuza, Co-founder of
NuORDER and General Manager, NuORDER by Lightspeed.
In the current fast-changing environment, the ability for
retailers to accelerate product item setup, fast order writing and
PO creation and online setup is a major advantage to help drive
efficiency with technology and to deliver the best curated product
experience to customers.
Lightspeed's partnership with Bloomingdale's demonstrates its commitment to
helping retailers of all sizes innovate their businesses and
furthers its mission of leveraging NuORDER by Lightspeed to
transform the retail industry.
ABOUT NuORDER by Lightspeed:
Lightspeed acquired
NuORDER in 2021 to grow the Lightspeed retail ecosystem, connecting
approximately 3,000 brands and more than 100,000 retailers. NuORDER
by Lightspeed is a leading B2B platform powering commerce and
discovery for the world's best brands and retailers. NuORDER by
Lightspeed is a global commerce solution offering Virtual Showroom
technology, visual assortment and merchandising tools, payments and
data integration powering businesses of all sizes. 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.
Lightspeed's 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
(NYSE: LSPD) and Toronto Stock Exchange (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.nuorder.com. Follow us on
social media: LinkedIn, Facebook, Instagram,
and Twitter.
About Bloomingdale's
Bloomingdale's is America's only nationwide,
full-line, upscale department store and a division of Macy's, Inc.
It was founded in 1872 and currently operates 33 Bloomingdale's
stores and 21 Bloomingdale's, The Outlet Stores, in California, Connecticut, Florida, Georgia, Hawaii, Illinois, Maryland, Massachusetts, New
Hampshire, New Jersey,
New York, Pennsylvania, Texas, and Virginia, along with 1 Bloomie's location in
Virginia. In addition,
Bloomingdale's has an
international presence with a location in Dubai. Be sure to follow @bloomingdales on
social media, become a Loyallist, and for more information, or to
shop any time, visit www.bloomingdales.com
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 profile
on SEDAR at www.sedar.com 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:
NuORDER | PR Consulting
nuorder@prconsulting.net
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