Nike’s Race to Dominate America | Ten Lessons from Phil Knight’s Shoe Dog
Lightspeed HQ
by Naeme Elzein
2d ago
From page one of Phil Knight’s Shoe Dog, he already has you wearing his sneakers but they’re not Nike—yet. Knight vividly describes running in the Oregon forest, watching as trees become watercolor blurs with each step as he goes deeper and deeper into the forest. Running, for Knight, is his North Star. The sport is ..read more
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9 Spooktacular Halloween Marketing Ideas for Your Restaurant
Lightspeed HQ
by Catherine Schwartz
2d ago
Let’s creep it real: for restaurant owners, Halloween can be a little scary.  The good news? With the right marketing strategy, you can set up your restaurant for success and achieve spooktacular results. There’s no magic to it—only data. We’ve crunched the numbers from over 10,000 bars and restaurants. The result? Eerie-sistible insights to help ..read more
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Consumer Behavior by Generation: How to Appeal to Every Customer
Lightspeed HQ
by Alix Fraser
6d ago
In Lightspeed’s 2024 State of Retail report, we take a look into the preferences of different age groups, like Generation Z shopping habits compared to older generations and where customers are going for product information.  Our findings reveal a significant shift in how younger shoppers interact with brands, and affirm the continuing relevance of brick ..read more
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How to Choose a Warehouse Management System
Lightspeed HQ
by Alix Fraser
1w ago
Warehouse inventory management software is a vital tool for businesses, designed to streamline and automate the processes of tracking, storing and managing inventory within a warehouse. Without a warehouse management system (WMS), retailers risk losing track of inventory, falling behind on orders and letting costs get out of control.  That’s why choosing the right WMS ..read more
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Maximizing Revenue: How Integrated Technology Helps Hotels Earn More
Lightspeed HQ
by Guest Blogger
1w ago
Room revenue is the cornerstone of a hotel’s profitability, but there’s additional growth potential beyond the primary offering of room sales. By utilizing a well-integrated tech stack, hotels today can optimize room pricing, enhance all aspects of their operations, and generate additional income while ensuring impeccable service and meeting guest expectations.  This article explores how ..read more
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5 Proven Tips for the Perfect Coffee Shop Design
Lightspeed HQ
by Lightspeed
1w ago
Coffee shop design and the layout of a coffee shop are essential to the success of a space. Read up on the essential considerations in designing a coffee shop that has operational efficiency and optimizes the customer experience ..read more
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FIFO vs. LIFO: A Comparative Analysis of Inventory Valuation Methods
Lightspeed HQ
by Alix Fraser
1w ago
How does your choice between FIFO vs. LIFO impact your business’s financial health? Inventory valuation is more than just an accounting requirement—it directly influences your cost of goods sold (COGS), tax liabilities and profit margins. Choosing the right valuation method can shape key business decisions and financial outcomes, guiding smarter purchasing and inventory management strategies ..read more
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What Is Inventory Management? Benefits, Challenges and Methods
Lightspeed HQ
by Alix Fraser
1w ago
Inventory management is the process of controlling and overseeing stock—raw materials, finished products and everything in between. If you’ve landed on this article, then we’re willing to bet that you’re looking to learn more about stock control. Maybe you’re struggling with stock control and want a better handle on your inventory levels and order processes ..read more
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7+ Warehouse Efficiency Tips to Keep Your Operations and Warehouse Management System Running Smoothly
Lightspeed HQ
by Alix Fraser
2w ago
Efficient warehouse stock management, guided by the right warehouse efficiency tips, can make or break your business. Without it, you risk falling behind; with it, you gain real-time control and the power to outpace your competition.  Poor stock management can ripple across your business operations, leading to significant financial losses, operational inefficiencies and perhaps most ..read more
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What is Dynamic Pricing?
Lightspeed HQ
by Lightspeed
2w ago
Consider this scenario: it’s June, and you’ve just moved into an apartment with a large balcony. You decide to purchase some patio furniture for your new place online. When you go to make your purchase, you notice that the prices for the patio set you want are higher than they were when you first spotted ..read more
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