18:53:53 EDT Sat 04 May 2024
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Lightspeed Commerce Inc
Symbol LSPD
Shares Issued 152,350,827
Close 2023-09-27 C$ 18.74
Market Cap C$ 2,855,054,498
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Lightspeed partners with Joel Robuchon restaurants

2023-09-28 10:20 ET - News Release

Mr. J.P. Chauvet reports

LIGHTSPEED WELCOMES CULINARY TITAN JOEL ROBUCHON INTERNATIONAL

Lightspeed Commerce Inc. has entered into a preferred partnership with the iconic Joel Robuchon International (JRI) group of restaurants. Powering the world's best businesses, Lightspeed is the unified POS (point of sale) and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space.

It is no secret that every JRI location runs like a well-oiled machine. To match that exceptional level of service, JRI needed a global unified payments and point-of-sale solution that could deliver exceptional results at their restaurants, no matter where they are located around the world. Insert Lightspeed: the cloud-based platform with the necessary global presence and powerful insights -- not to mention singular flexibility -- that fit JRI's vision.

Lightspeed and JRI share the same core principles: excellence, simplicity and consistency. As the late Chef Robuchon said: "To make a grand meal, you have to make it simple. To look simple is very complicated. You need the highest quality products, the best equipment and you have to keep the focus on the original flavour of the product." Whether guests are enjoying an unforgettable experience in one of JRI's new unique concepts, having an elegant meal at an illustrious L'Atelier Robuchon or making a quick stop at a sophisticated Deli Robuchon, Lightspeed's platform brings a simple, seamless experience to staff and customers.

"I grew up watching Joel Robuchon's cooking shows. This is incredible. It's such an honour," said J.P. Chauvet, Lightpseed's chief executive officer. "Chef Robuchon built an empire. His restaurants were awarded 31 Michelin stars. It's still a world record. His whole cooking philosophy -- centred on the customer -- echoes Lightspeed's mission to deliver something that appears to be simple but is, in fact, incredibly complex."

"As we continue to expand to multiple locations around the world, it is essential for our future success that we partner with a company like Lightspeed to ensure we customize, streamline and effectively manage all our locations," said Richard Clark, CEO at JRI. "I am personally very excited to be partnering globally with Lightspeed and look forward to a successful, collaborative partnership."

JRI joins a growing list of Michelin-starred restaurants using Lightspeed to deliver unparalleled dining experiences, including Alinea (Chicago), Clover Hill (New York), Zilte (Antwerp), Le Chalet de la Foret (Brussels), Restaurant 212 (Amsterdam), Kei (Paris), Anne Sophie Pic (Lausanne), JAN (Munich) and Da Terra (London).

About Lightspeed Commerce Inc.

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. Its cloud commerce solution transforms and unifies on-line and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks.

Founded in Montreal, 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.

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