Ingka Group, which accounts for 90 percent of IKEA’s retail sales, has acquired Locus through its investment company. Locus is a leading logistics technology company that offers an AI-driven logistics platform focused on capacity planning, route planning, real-time tracking, and optimization of last-mile deliveries. The acquisition is described as a strategic investment that strengthens IKEA’s digital capabilities and provides greater control over a critical moment in the customer journey.
– This acquisition is perfectly aligned with our goal of improving the customer journey at every touchpoint. By integrating Locus’s technology internally, we’re taking control of a crucial part of our supply chain, which allows us to deliver with greater speed and flexibility to many customers,” says Tolga Öncü, Head of IKEA Retail (Ingka Group).
Historically, IKEA has relied on several third-party providers for these key services; with the acquisition of U.S.-based Locus, a significant step is being taken toward making shopping and delivery even smoother for IKEA’s customers. Locus will remain operationally independent and continue to provide services to partners outside the Ingka Group. This supports continued innovation and growth for both companies while contributing to IKEA’s broader digital transformation journey.
More efficient and sustainable last-mile deliveries
Locus offers a sophisticated AI-driven logistics platform with advanced route optimization, real-time tracking, and smart utilization of vehicles and resources. By integrating these features, Locus will better enable the Ingka Group to improve efficiency throughout the entire supply chain—from capacity management and optimization to last-mile deliveries. The partnership not only strengthens how IKEA delivers home furnishings to customers globally but also supports the company’s ambition to create a faster and smarter distribution network. The acquisition comes at a critical time, with steadily increasing online sales (28 % of IKEA’s total retail sales in fiscal year 2024), up from 11 % in fiscal year 2019). The integration of Locus’s technology will further strengthen IKEA’s ability to meet the growth in e-commerce and complements previous strategic technology investments such as Made4net, which improves the company’s inventory management, and TaskRabbit, which offers furniture assembly services.
With IKEA stores in 31 markets, Ingka Group is the largest IKEA retailer and accounts for approximately 90 percent of IKEA’s retail sales. Ingka Group owns and operates IKEA’s sales channels under franchise agreements with Inter IKEA Systems B.V. The Group has three business areas: IKEA Retail, Ingka Investments, and Ingka Centres.
