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

Target pledges to spend more than $2 billion at Black-owned businesses
chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.

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Target To Invest Over $2 Billion in Black-Owned Businesses by 2025

Target To Invest Over $2 Billion in Black-Owned Businesses by 2025
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Target pledges to spend $2 billion on products, services from Black-owned businesses


Target pledges to spend $2 billion on products, services from Black-owned businesses
Target said it will also step up partnerships with other Black-owned companies in areas such as marketing, construction and facilities management.
By Kavita KumarMinneapolis Star Tribune
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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. ....

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Target Makes $2 Billion Commitment to Black Owned Businesses


Target Makes $2 Billion Commitment to Black Owned Businesses
Minnesota based Target Corporation is making a huge commitment to black owned businesses.
By 2025, Target is saying that it will be adding a variety of products from 500 Black-owned businesses. They will also increase their spending with Black-owned companies, like construction companies, facilities maintenance, and marketing and advertising agencies.
Target will also be creating new resources for Black owned business with their Forward Founders program that will provide a team that can help these businesses scale up for mass retail with the goal of making the business a success.
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