The Montreal-based point-of-sale maker unveiled the new product, Lightspeed B2B, for North American fashion, outdoor goods and sports retailers. It plans to bring the product to more verticals “in the coming months.” (The Logic)

Talking point: The supplier network, which is built off Lightspeed’s acquisition of NuOrder last year, is a key part of the company’s strategy for reaching profitability by the 2024 fiscal year. The new product will provide another revenue stream, diversifying Lightspeed’s business as it recovers from a short seller attack and macroeconomic conditions that wiped out most of its value since its stock peaked in September. The new platform makes it easier for businesses to order merchandise directly from brands including Theory, Coach and Outdoor Voices. Brands using the supplier network also get access to their products’ sales data at retailers.