Reported about 11 hours ago
Ikea has acquired U.S.-based logistics technology company Locus to improve its delivery fulfillment network, investing billions to take control of this crucial process. The AI-powered platform will enhance Ikea's distribution capabilities, allowing for faster and more flexible deliveries. With online sales reaching 28% of total sales, the acquisition marks a significant shift toward in-house logistics to meet the growing customer expectations.
Source: YAHOO