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Walmart and Amazon are considering adopting their stablecoins


potentially moving the high volumes of cash and card transactions they handle outside the traditional financial system and saving them billions in bank fees. Stablecoin is a cryptocurrency whose value is tied to a 'stable' asset that can be a traditional currency or a commodity. If stablecoin were to be adopted, it would perhaps be the first entirely private-label payment methods (the others rely on banks). As Clara Mentasti points out, it would also be "a threat to monetary sovereignty" (of the US Central Bank). Meanwhile : Chinese e-commerce giant JD.com tests stablecoins in Hong Kong Compiled 13 June, updated 19 June 2025

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Eataly Verona: the reasons for the bankruptcy and the future of the workers


Giosuè Rossi, secretary Fisascat Cisl Verona: What are the reasons? There are many reasons, starting with high rent costs... Please explain further. The shop is in a somewhat peripheral location, opposite the trade fair, in a non-tourist area with a potential clientele that is not high spenders. Or at any rate a clientele that is difficult to retain: in the area there are several companies, some professional orders, a bank with its own canteen. For the rest it is a residential area, a bit 'in-between', we might say. It has nothing to do with Verona centre. Source

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Amazon and the $100 billion grocery business


Amazon claimed to sell $100 billion of consumer packaged goods. Two big problemsremain : fresh produce and the fact that it has not yet found an integration between all the group's brands. Here are the latest tests: Co-location of selections from Whole Foods Market, Amazon.com and Amazon Fresh in the same distribution centre, allowing customers to purchase items from all three brands and have them delivered in one order Open a small-format grocery shop under the same roof as Whole Foods Market in Chicago, allowing customers to purchase their favourite natural and organic products from Whole Foods and get a larger assortment of products from Amazon in one trip. Launching Whole Foods Market's Daily Shop, a fast-food fast-shop format. p.s.: the fact that there are 'too many' signs and too many tests is not a good sign. for the food industry: Walmart is definitely dominant and has much clearer ideas.