Ingka Group acquires Locus, an AI-powered logistics software company to transform the IKEA home delivery experience
· Source: ingka.com
In short
Ingka Group, the largest IKEA retailer, has acquired Locus, a leading AI-powered logistics technology company, to strengthen its home delivery capabilities. The acquisition will integrate Locus's advanced route optimization and real-time tracking technology to enhance efficiency across IKEA's supply chain, particularly in last-mile delivery. This strategic move comes as IKEA's online sales have grown significantly, representing 28% of total retail sales in FY24.
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In the issue of week 41, 2025: Agentic AI and Orchestration Drive Supply Chain Resilience Amid Chip Constraints
Tags: logistics, delivery, optimization, acquisition, supply-chain, technology