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Ivanhoé Cambridge teams up with Lightspeed to provide omnichannel solutions to small and medium-sized tenants in its Canadian shopping centresTenants of Ivanhoé Cambridge shopping centres in Canada will benefit from one year of free access to Lightspeed Retail or Lightspeed Restaurant MONTRÉAL, June 4, 2020 /CNW/ - Leading cloud-based point-of-sale solution provider Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX: LSPD) announced today a partnership with real estate industry leader Ivanhoé Cambridge (IC) to bring free and fully-integrated cloud services, including Lightspeed Retail and Lightspeed Restaurant, to small and medium-sized tenants and restaurateurs with locations in Ivanhoé Cambridge Canadian shopping centers. "During these unprecedented times, it's important to support our tenants. We understand that consumer expectations and shopping habits are evolving," said Natahlie Palladitcheff, President and Chief Executive Officer at Ivanhoé Cambridge. "This is an opportunity, and we are proud to partner with Lightspeed to offer a safe, fluid and trusted omnichannel sales solution to our tenants wishing to serve the communities in which our shopping centres are located." As economies gradually resume across the country, the partnership between the two Canadian-based companies will support businesses by offering Ivanhoé Cambridge small and medium tenants and restaurateurs, with a local or regional footprint with nascent eCommerce operations, with one-year free access to an integrated, omnichannel sales solution. Tenants will also have access to modules such as Lightspeed eCommerce and Lightspeed Delivery built within the retail and restaurant platforms, respectively. "Our goal is to ensure the small and medium-sized businesses in our cities – who are integral to the local economies – have access to the tools they need to be successful through these significant changes in consumer behaviour and as regulations for a staggered re-opening of retail centres and store fronts begin," said JP Chauvet, President, Lightspeed POS Inc. "An omnichannel sales platform will support their needs in the short-term, while also fuelling the big picture as we look ahead to a post-COVID environment." What the Partnership Means for Retailers who Adopt Lightspeed Retail:
What the Partnership Means for Restaurants who Adopt Lightspeed Restaurant:
The launch of the partnership follows the announcement of new initiatives from Lightspeed to help SMBs sustain and protect their business during COVID-19, including, namely, select free services for three months, an online resource guide, free online webinars with industry experts, and the #LightspeedLocal campaign reimbursing employees up to $500 in local currency on purchases made from any Lightspeed retail or restaurant customer. About Lightspeed Headquartered in Montréal, Canada, Lightspeed is trusted by favorite local businesses, where the community goes to shop and dine. Lightspeed has offices in Canada, USA, Europe, and Australia. For more information, please visit: www.lightspeedhq.com On social media: LinkedIn, Facebook, Instagram, YouTube, and Twitter About Ivanhoé Cambridge Ivanhoé Cambridge invests alongside strategic partners and major real estate funds that are leaders in their markets. Through subsidiaries and partnerships, the Company holds interests in more than 1,000 buildings, primarily in the industrial and logistics, office, residential and retail sectors. Ivanhoé Cambridge held C$64 billion in real estate assets as at December 31, 2019 and is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund managers. View original content to download multimedia:http://www.prnewswire.com/news-releases/ivanhoe-cambridge-teams-up-with-lightspeed-to-provide-omnichannel-solutions-to-small-and-medium-sized-tenants-in-its-canadian-shopping-centres-301070507.html SOURCE Lightspeed POS Inc. |