Black-owned businesses are adjusting their strategies as major retailers scale back diversity initiatives, with some entrepreneurs reconsidering partnerships and others looking for alternative growth avenues. While brands like Pound Cake and Puzzles of Color navigate shifting corporate commitments, founders remain focused on community-driven support, independent retail expansion, and fostering resilience in an evolving business landscape.
Author Archives: Anne D'Innocenzio
AP Retail Writer
Posted inAfro Briefs
Target to spend more than $2B at Black-owned businesses
In this April 6, 2020 file photo, a customer wearing a mask carries his purchases as he leaves a Target store during the coronavirus pandemic, in the Brooklyn borough of New York. Target says it will spend a a total of more than $2 billion at Black-owned businesses by 2025 as part of its effort […]