The digital imperative is driving companies to seek new sources of value for their customers, but this mission is difficult within the often cloistered confines and bureaucracy of their headquarters. Seeking to foster a culture that is more akin to startups than the corporate motherships, many large enterprises are cultivating innovation in digital labs and incubators.

Members of the U.S. seafood industry are fearful that Canada's approval of a new trade deal with the European Union will cause big problems for the American lobster business, just as the catch is hitting historic highs.

Almost a third of factories worldwide were rated as "critically non compliant" with ethical and sustainability standards in the first quarter of 2017, according to a supplier audit company.

The "Amazon-Prime Effect" - the notion that everything you order should arrive on your doorstep in two days - has left brands and retailers scrambling to keep up. As consumers' expectations grow and their patience around delivery time shrinks, one tactic businesses use to combat increasing time constraints is transparency.

Naseem Malik has gone from sourcing goods to sourcing talent. After gaining 15 years' experience as a procurement practitioner, Naseem turned his full attention to something he enjoys most - leveraging his network, connecting the dots and finding the best talent in the profession.

Businesses tied to e-commerce fulfillment resumed hiring at a rapid clip in April, bolstering payrolls to meet changes in the consumer economy.