
Industry: Information Technology (IT) — Retail and Hospitality Software
Website
Founder/s: Dadi Karason
Headquarters: Kópavogur, Iceland
Company: Private
Founded: 1985
Services: Point-of-sale (POS) systems, enterprise resource planning (ERP), inventory management, retail management, restaurant and hotel software, pharmacy management, fuel station solutions, sales reporting and payment integrations
LS Retail is an enterprise-grade, globally dominant unified commerce platform built directly on top of Microsoft Dynamics 365 Business Central. Headquartered in Iceland and acquired by Aptos in 2021, LS Retail handles over 100,000 stores, restaurants, and gas stations globally.
Unlike modular apps like Square or Hike, LS Retail is a full-scale Enterprise Resource Planning (ERP) powerhouse. It handles both front-end POS checkouts and back-end corporate accounting, global supply chains, and inventory ledgers inside a single Microsoft data architecture.
