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Target To Spend More Than $2 Billion At Black-Owned Businesses In Racial Equity Push

Target To Spend More Than $2 Billion At Black-Owned Businesses In Racial Equity Push
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Christina henningtonGeorge floydHr blockForward foundersஜார்ஜ் ஃப்லாய்ட்மணி தொகுதிமுன்னோக்கி நிறுவனர்கள்

Target pledges to spend $2B on products, services from Black-owned businesses

Target pledges to spend $2B on products, services from Black-owned businesses The retailer s commitment includes carrying 500 Black-owned brands by 2025. April 7, 2021 6:15am Text size Copy shortlink: As part of its racial equity efforts, Target Corp. is pledging to sell products from more than 500 Black-owned brands by the end of 2025. That goal is part of a new $2 billion commitment the Minneapolis-based retailer is making to spend with Black-owned businesses over five years. The company did not provide specifics on how much it currently spends with these companies, but said the commitment represents a significant increase. Target currently carries 65-plus Black-owned brands, including several in its beauty department.

Christina henningtonGeorge floydForward foundersTwin citiesஜார்ஜ் ஃப்லாய்ட்முன்னோக்கி நிறுவனர்கள்இரட்டை நகரங்கள்

Target to spend over $2B with Black-owned companies by 2025

Dive Brief: Following up on its promise to help Black guests feel more included, Target on Wednesday announced its commitment to spending $2 billion with Black-owned businesses by 2025. The retail giant plans to work with over 500 Black-owned businesses to add products across different categories, according to a company press release. Target said it also intends to boost its spend with Black-owned firms in other areas such as marketing agencies, construction companies and facilities maintenance providers. Alongside the investments, Target plans to create new resources, including a program called Forward Founders to engage with Black-owned startups earlier and a team dedicated to helping its Black vendors scale their operations in mass retail.

Christina henningtonGeorge floydDive briefForward foundersRacial equity actionBlack history monthஜார்ஜ் ஃப்லாய்ட்டைவ் சுருக்கமானமுன்னோக்கி நிறுவனர்கள்இன பங்கு நடவடிக்கைகருப்பு வரலாறு மாதம்

Target to spend more than $2 billion at Black-owned businesses in racial equity push

Target to spend more than $2 billion at Black-owned businesses in racial equity push
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Christina henningtonGeorge floydHr blockForward foundersஜார்ஜ் ஃப்லாய்ட்மணி தொகுதிமுன்னோக்கி நிறுவனர்கள்

Target Commits to Spending More Than $2 Billion with Black-Owned Businesses by 2025

MINNEAPOLIS, April 7, 2021 /PRNewswire/ Â Target Â® Corporation (NYSE:TGT) today announced a commitment to spend more than $2 billion with Black-owned businesses by the end of 2025. Target is pledging to add products across its multi-category assortment from more than 500 Black-owned businesses and engage more Black-owned companies to enhance its retail operations and shopping experience. In addition to spending more with Black-owned companies, Target is introducing new resources to help its Black-owned vendors grow and successfully scale their businesses in mass retail. We have a rich history of working with diverse businesses, but there s more we can do to spark change across the retail industry, support the Black community and ensure Black guests feel welcomed and represented when they shop at Target, said Christina Hennington, executive vice president and chief growth officer, Target. The bold actions we re announcing today reflect Target s ongoing commitment to advance

Christina henningtonTarget acceleratorsForward foundersBlack owned business vendor fairRacial equity actionTarget foundationPrivate securities litigation reform actமுன்னோக்கி நிறுவனர்கள்கருப்பு ஓஂட் வணிக விற்பனையாளர் நியாயமானஇன பங்கு நடவடிக்கைஇலக்கு அடித்தளம்ப்ரைவேட் பத்திரங்கள் வழக்கு சீர்திருத்தம் நாடகம்