IKEA, a global furniture brand that has been in South Korea for 10 years, has reported poor performance, facing two consecutive years of decline until last year. There are concerns that South Koreans' ...

Ingka Investments, the investment firm of Ikea parent company Ingka Group, has acquired U.S.-based logistics tech company Locus. The purchase will provide Ikea with an AI-powered logistics management ...

Swedish home furnishings retailer Ikea advanced efforts to take control over its delivery fulfillment network by acquiring U.S.-based logistics technology company Locus on Tuesday. Ingka Group, the ...

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The news: The investment arm of Ingka Group, which operates most of Ikea’s stores, is buying US logistics technology firm Locus. The deal aims to improve the furniture retailer’s ecommerce operations ...

Ingka Investments, the investment arm of leading global retailer IKEA, has acquired logistics technology startup Locus for an undisclosed sum. The move marks a key step in IKEA's efforts to enhance ...

TORONTO--(BUSINESS WIRE)--Bolt Logistics (“Bolt”), a leading Canadian technology-enabled ecommerce fulfillment and last-mile delivery provider, is proud to announce that it will deploy 30 electric ...

STOCKHOLM (Reuters) - IKEA, the world's biggest furniture group, said on Wednesday it had bought a minority stake in U.S. tech startup Optoro whose software helps retailers manage returns in a more ...

Bolt Logistics (formerly Second Closet) has had a lightning-fast year, finding its niche in fulfillment and last-mile logistics, and securing $115 million CAD to scale that offering beyond Canada.

LONDON/STOCKHOLM (Reuters) -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 ...

Deployment accelerates Bolt’s mission to be carbon negative by 2023 and IKEA Canada’s goal to reach 100 percent zero-emission deliveries by 2025 TORONTO — Bolt Logistics (“Bolt”), a leading Canadian ...