Ikea operator acquires AI logistics platform
· Source: retaildive.com
In short
Ingka Group, the largest Ikea retailer, has acquired U.S.-based AI logistics technology company Locus to improve its delivery offerings. The acquisition is part of Ingka Group's digital transformation strategy and will bring logistics expertise in-house, allowing for greater speed and flexibility in fulfillment. Locus will remain operationally independent and continue serving other clients while expanding its teams.
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Tags: logistics, delivery, route-optimization, acquisition, automation, fulfillment