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Target promises to buy $2 billion in Black-owned brands by 2025


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Target vows to support Black-owned businesses by spending more than $2 billion with hundreds of brands by 2025. 
The Minneapolis-based company said it aims to advance racial equity by expanding the range of products available at its 1,900 stores across the country. The retail giant will offer products from more than 500 Black-owned vendors, it said in a statement Wednesday. Target will also increase spending at Black-owned marketing agencies and construction firms,
Bloombergreports. Target currently carries more than 65 Black-owned brands. 
“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,” ....

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