
IKEA buys US logistics tech firm Locus in online growth push
By Reuters Published October 8, 2025 IKEA has acquired U.S. logistics technology firm Locus, the two companies said on Tuesday, a deal the Swedish furniture retailer said would make its deliveries to shoppers smoother and faster as it invests to expand online sales. Reuters The takeover is in addition to a $2.2 billion push by…