Target to spend $2 billion with Black-owned businesses by 2025
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Forward Founders, one of Target s programs, will help Black entrepreneurs in startup efforts to help them navigate product development and scale for mass retail. File Photo by Mohammad Kheirkhah/UPI | License Photo
April 7 (UPI) Target announced Wednesday that it ll spend more than $2 billion with Black-owned U.S. businesses over the next four years and stock its shelves with products from hundreds of those businesses.
The retailer said the moves are part of its commitment to advance racial equity in the United States.
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The company s plans also represent significant economic opportunity for hundreds of new Black-owned companies, who we look forward to doing business with for years to come, Christina Hennington, Target executive vice president and chief growth officer, said in a statement.
Target to spend $2 billion with Black-owned businesses by 2025
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Target Says It Will Spend More Than $2 Billion With Black-Owned Businesses by 2025
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