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Lightspeed POS Continues Global Expansion with Acquisition of Vend

Retail TouchPoints

Lightspeed POS , a provider of cloud-based, omnichannel commerce platforms, will acquire cloud-based retail management software company Vend for approximately $350 million. The deal is expected to close at the end of April 2021, subject to customary closing conditions, with Lightspeed paying approximately $192.5

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Making Fulfillment a Revenue Driver: 6 Ways Design and Tech Can Collaborate

Retail TouchPoints

From early 2020 to mid-2021, the percentage of retail chains offering curbside pickup surged from a miniscule 7% to a staggering 51%. In CPG and electronics specifically, Nicholson has seen a surge in in-store vending machines and loaded kiosks, like those that many airports are now outfitting their terminals with.

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How To Start a Retail Business: The Ultimate Guide

Korona

In addition, during May of 2021, retail sales reached a record high of over $570 billion. . increase in sales over 2021. A brick-and-mortar location, an eCommerce store, a home-based business, a mobile business, or you’re going to adopt an omnichannel sales approach. Invest in a solid Retail POS System.

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Ecwid Reviews (Feb 2023): Is it the Best Free Ecommerce Solution for Any Website?

Ecommerce Platforms

The platform is an easy-to-use store builder which has operated under Lightspeed’s umbrella since 2021. Ecwid was launched in 2009 and acquired by Lightspeed in 2021. Ecwid comes with POS functionality. For more info about different POS systems, we’ve reviewed some of the most popular POS options here.

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Hudson Uses COVID Shutdown to Shave 5 Months off Transaction Platform Deployment

Retail TouchPoints

Vending Machines Expand Sales Opportunities. One example of this agility came early in the pandemic, when the retailer decided to use vending machines to meet the previously unforeseen demand for personal protection equipment (PPE). “We We were able to implement vending machines across 27. and Canada.

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