NK Retail Partners with NuORDER by Lightspeed to Digitize Buying Process, Improve Customer Experience | LSPD Stock News

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Jun 05, 2025
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  • NK Retail partners with NuORDER by Lightspeed to digitize its buying processes, enhancing customer experience.
  • NuORDER platform enables strategic assortment planning and improved in-store service.
  • Partnership supports NK Retail's commitment to sustainability and exceptional customer service.

NK Retail has announced a strategic partnership with NuORDER by Lightspeed to transform its merchandising and buying process through digital innovation. As a world-renowned luxury department store in Scandinavia, NK Retail aims to streamline its back-end operations, allowing its teams to concentrate on providing exceptional in-store experiences for fashion, beauty, and design customers.

The NuORDER platform is designed to improve efficiency and speed by reducing manual processes for buyers, ultimately enabling them to write orders 60% faster. This digital transformation not only enhances data-driven decision-making but also supports the storytelling and merchandising experiences for customers shopping in-store.

"Our collaboration with NuORDER allows our buying teams to operate more efficiently and make better-informed decisions, directly enhancing the service quality our sales advisors provide to customers," stated Karin Edgren, Buying Manager for NK Retail. The partnership is a step forward in NK Retail's mission to offer the best in-store experience in the Swedish market.

Chris Akrimi, Head of Revenue for NuORDER by Lightspeed, emphasized the growing demand for digital solutions in the Nordic retail sector, reflecting retailers' dedication to sustainability and superior customer service. NuORDER by Lightspeed powers a diverse range of leading brands and retailers, including Saks Fifth Avenue and Nordstrom.

NuORDER by Lightspeed, part of Lightspeed Commerce Inc. (LSPD, Financial), is a B2B commerce platform that facilitates wholesale buying and selling for over 5,000 brands and 150,000 vetted retailers globally. This collaboration highlights how digital tools can drive efficiency and enhance the customer experience in the luxury retail sector.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.