MALMÖ, Sweden — October 7, 2025 — Leads & Copy — Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, announced today the acquisition of Locus, a leading logistics technology company based in the USA. This strategic investment will strengthen IKEA’s digital capabilities, giving the retailer greater control over the customer journey.
Locus offers an AI-powered logistics management platform that features advanced route optimisation, real-time tracking, and smart resource utilization. The integration will enhance efficiency across IKEA’s supply chain, from capacity management to last-mile execution, supporting a faster and smarter distribution network.
Parag Parekh, Global CDO for IKEA Retail (Ingka Group), stated that the acquisition strengthens the digital capabilities required to meet rising customer expectations, while ensuring IKEA’s quality and reliability. Online sales represent 28% of total IKEA retail sales in FY24, up from 11% in FY19. The integration of Locus’s technology will complement earlier strategic technology investments such as Made4net and TaskRabbit.
Parag Parekh, Global CDO for IKEA Retail (Ingka Group)
Source: Ingka Group Source: Ingka Group
