Amazon Shares Drop 2.6 Percent As Centralization Alienates Suppliers

Amazon suppliers received a lesson in centralization on March 7 after the e-commerce giant abruptly began canceling huge numbers of orders in a profits push.  Amazon: We ‘Saw Opportunity’ As Bloomberg reported, quoting a statement from Amazon, the company wants to increase returns at the heart of its e-commerce operations. This has involved fundamentally altering […]

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Walmart to Suppliers: Start Using Blockchain to Track Lettuce

Retail grocery giants Walmart and Sam’s Club are asking lettuce suppliers to put data about the vegetable’s supply chain on blockchain within the next year. In the wake of disease outbreaks that have amplified consumer concerns about food safety, executives at Walmart and Sam’s Club have made the decision to fight back against food contamination […]

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