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Lightspeed Debuts Leadership Awards Recognizing Retailers Committed to Innovation

Published February 24, 2020

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New awards from Global POS leader champion the digital transformation of retail

(Montreal, QC) - Lightspeed POS today selected three companies among thousands of North American retailers to receive inaugural Lightspeed Leader Awards. These recognize a commitment to constant innovation in a rapidly changing economy, highlighting those who share Lightspeed's vision of bringing cities and communities to life through thriving local businesses. The awards are established in three categories, including Trailblazer, Local Hero, and Breakout Star.

"The Lightspeed Leader Awards pay tribute to the incredible success and agility of the top retailers in North America," says Dax Dasilva, Founder and CEO of Lightspeed. "All three recipients have exemplified the qualities necessary for continued growth in their fields by reinventing, revitalizing, and redefining retail. With the support of Lightspeed's cloud-based technology, these retailers have been able to digitally transform their business and deliver superior customer service."

The three winning retailers are:

Trailblazer Award: RUTI
• Awarded to the business whose ambition to stay ahead of retail trends—and start new ones— has inspired the retail future.
• Ruti's state-of-the-art, opt-in-only facial recognition technology delivers industry-leading customization of services with cameras that can scan faces and pull up information on customer shopping habits and preferences – a paramount example of a retailer's need to respond to each clients' unique tastes in real-time.

Local Hero Award: Loyal Tee Boutique
• Awarded to the business whose determination and commitment to customer service have contributed to outstanding growth and community enrichment.
• Loyal Tee Boutique who launched exclusively as an eCommerce retailer opened its first brick- and-mortar location just over a year ago with an innovative Loyalty Program. This program caused a jump in sales with such great engagement from the community that they moved into a larger retail space to meet consumer demands.

Breakout Star Award: CBD Plus USA
• Awarded to the business whose ability to react quickly and adapt to changing market conditions has distinguished it in an increasingly competitive market.

CBD Plus USA is reacting in real-time to state-by-state regulatory changes so they can expand in an exploding, competitive market. In less than two years, they've opened approximately 100 store locations.

The announcement of the Lightspeed Leader Awards follows the brand's recent 2019 Year in Review, highlighting that Lightspeed saw its merchants growing exponentially faster than industry averages in 2019.


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