, a call to action for retailers to commit 15% of their shelf space to Black-owned brands created in the wake of the protests.
Still, progress remains sluggish for some retailers, experts told Insider. Other businesses have also failed to account for barriers facing minority businesses — such as supply chain and infrastructural scaling costs that leave minority-owned businesses struggling to get on the shelves being offered by retailers.
While in some cases, a large retailer may extend a line of credit to a brand, Sykes said there are often specific stipulations to obtain them, such as order size and volume. As a result, many small business take on high-interest bank loans that leave them swimming in debt, an issue Diversity Retail is working to prevent among high-risk minority-owned brands.
"Until major retailers step up and dedicate shelf space to Black-owned businesses, we'll continue to lack equitable market share for Black business owners," James wrote in an email to Insider.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Ecommerce provided major boost for December retail sales - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Logistics startups tap micro-warehouses, vaccines hit retail stores - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Trump hasn't been jailed yet?
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Insider Retail: Outdoor Voices comeback,retailers cut MyPillow ties - Business InsiderInsider Retail: The Outdoor Voices comeback story and why retailers cutting MyPillow ties now threatens CEO Mike Lindell's multimillion-dollar empire Sell direct to consumer online for a lesser price. Retail stores will be going the way if the dinosaur eventually Will be buying ONLY from Mom/Pop or Specialty Online only. NO MORE 'Giants eating the children' shopping.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Retail - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Wow...didn't see that coming... I really want to recommend others to start trading with kathleen_pro trading platform,I’ve had massive growth in my BTC wallet after making several withdrawals from their trading platform,it’s so profitable and secured.I’m doing this because of her legitimacy This true, ADInnocenzio⁉️
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »