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Target to spend more than $2B at Black-owned businesses | News, Sports, Jobs

Apr 8, 2021 NEW YORK (AP) Target will spend a total of more than $2 billion at Black-owned businesses by 2025 as part of its effort to advance racial equity. That’s a significant increase in overall spending on Black-owned businesses, according to Target, though it declined be more specific Wednesday. The Minneapolis retailer will add a broad spectrum of products from more than 500 Black-owned businesses and will increase its spending at more Black-owned companies, from marketing to construction. It will also introduce new resources, like a dedicated team to help Black-owned suppliers scale their businesses to work with mass chains. The Forward Founders program builds off Target’s accelerator program that helps entrepreneurs.

Target to spend more than $2 billion at Black-owned businesses

Target to spend more than $2 billion at Black-owned businesses Share Updated: 4:42 PM CDT Apr 7, 2021 By ANNE D INNOCENZIO A Target store is shown in this file photo. SOURCE: John Greim/LightRocket via Getty Images TRACKING THE COVID-19 VACCINE Share Updated: 4:42 PM CDT Apr 7, 2021 By ANNE D INNOCENZIO Target will spend a total of more than $2 billion at Black-owned businesses by 2025 as part of its effort to advance racial equity.That s a significant increase in overall spending on Black-owned businesses, according to Target, though it declined be more specific Wednesday.The Minneapolis retailer will add a broad spectrum of products from more than 500 Black-owned businesses and will increase its spending at more Black-owned companies, from marketing to construction.It will also introduce new resources, like a dedicated team to help Black-owned suppliers scale their businesses to work with mass chains. The

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