The Canadian retailer will manage its supply chain using NuOrder, whose platform allows merchants to purchase goods from vendors and gives companies data-driven insights about how much and what kinds of inventory to order. (The Logic)

Talking point: Lightspeed’s stock closed more than five per cent higher after announcing its new client on Tuesday, giving it a boost after weeks of declines. The Montreal-based fintechs supplier network has been cited by analysts as a big area of opportunity for the company. In an interview with The Logic, Lightspeed president JP Chauvet said the platform is meant to make it easy for retailers to discover new brands that have already signed up, driving sales to those smaller vendors (and boosting Lightspeed’s bottom line). Over the next few quarters, the company plans to bring the platform to other retail verticals in which it operates, such as golf and electronics. The Bay’s integration with NuOrder comes amid its broader push to focus on digital initiatives, after spinning off part of its e-commerce business.