Target to spend $2 billion with Black-owned businesses, pledges to add products from 500 companies by 2025

  • 📰 USATODAY
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Target is pledging to add products from more than 500 Black-owned businesses to its inventory and spend more than $2 billion with Black-owned businesses by 2025.

After George Floyd, a Black man who died under the knee of a white police officer in Minneapolis – where Target is headquartered – the company announced it was donating $10 million to"support nonprofit partners focused on addressing the systemic and structural barriers facing Black communities.", pledging to grow its percentage of Black employees by 20% over the next three years.Target said it is establishing resources to support Black-owned businesses and help them grow.

Through existing programs like Target Accelerators and events like the Black-Owned Business Vendor Fair, Target says it has previously brought in diverse businesses. On itsA list of the brands and the products are posted onunder"Buy Black." In beauty, Target says it has a"strong representation of 50 Black-owned and Black-founded brands, with plans to continue to grow the assortment.

Mented Cosmetics is one of those businesses, said Amanda E. Johnson, co-founder and chief operations officer of the beauty brand, in a video released by Target Wednesday. “We are a pigment-first beauty brand celebrating women of all hues,” Johnson said, adding Target looks after the small brands and helps owners understand the business. “We knew what it felt like to be othered, and to not have products that truly were made for you, and to not feel like you were a part of the beauty community. ... Mented seeks to change all of that.”

Pernell Cezar, co-founder and CEO of BLK & Bold Specialty Coffee, said having one of the largest retailers investing in Black-owned businesses “not only impacts the economics of the Black community, but our society as a whole.”

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Good, going to Target today, thanks for the tip

So what. If it's a product I can use or like I buy it. Really don't care the race of the developer.

Hmm I just dont belive them, but the beauty of time is it answers all questions...? Target we watching you

That's great! Hopefully you take that business from China to invest in these companies.

😅

Does this mean we’re going back to segregation? Must we label, identify everything in terms of ppl’s color/ancestry/religion? Should we specify race on job applications? Businesses? School kid homework? College applications? make all decisions based on race/religion? segregation

This is why I shop at target.

If they replaced the word black with white, they'd be called racist lol.

You have a PC or cell phone I will help you earn $500 everyday free free no scam,inbox me now to get started ✅

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 100. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen