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IKEA invests in U.S. logistics startup Optoro to better manage returns

FILE PHOTO: The logo of the Swedish furniture giant IKEA is seen in Mexico City
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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 efficient way.Growing return volumes as shopping moves online are an increasing headache for retailers as they are costly, pose logistical challenges and negatively affect the environment. Ingka Group,..
Date Published: Dec 04, 2019
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