Ingka Group, the largest IKEA retailer, has acquired Locus, a U.S.-based logistics technology company, to expand its control over last-mile delivery and improve supply chain efficiency. The acquisition supports IKEA’s digital logistics transformation at a time when online sales represent 28% of total retail revenue in FY24, up from 11% in FY19, according to Ingka Investments.
Locus offers an AI-powered logistics management platform with advanced route optimisation, real-time tracking, and intelligent resource allocation. These tools will enable Ingka Group to improve performance across key logistics areas, from capacity planning to final delivery execution. The acquisition also reduces IKEA’s historical reliance on multiple third-party providers for core logistics services.
Ingka Group plans to integrate Locus into its global distribution network to enhance how it delivers home furnishings to customers worldwide. The investment aligns with the company’s ongoing strategy to build digital capabilities that support a more efficient and reliable customer experience.
“Our vision is to create a better everyday life for the many, and that includes delivering products when and how customers want them,” said Parag Parekh, Global Chief Digital Officer for IKEA Retail (Ingka Group). “This acquisition strengthens the digital capabilities required to meet rising customer expectations, while ensuring the quality and reliability IKEA is known for.”
The acquisition follows earlier investments by Ingka Group in supply chain technology, including Made4net to enhance warehouse management and TaskRabbit to expand furniture assembly services. Together, these moves support the company's ambition to create a faster and smarter distribution network.
