Target’s Progress on Commitments to Black-owned Businesses
Read the details in their press release found HERE
MINNEAPOLIS - May 10, 2022
Retailer on track to meet goals established in 2021 to advance racial equity, including:
Increased investments with Black-owned businesses by more than 50%
More than double the number of Black-owned brands available at Target, now offering more than 100
Target Corporation (NYSE:TGT) today shared an update on the progress it has made toward its Racial Equity Action and Change (REACH) commitment to invest more than $2 billion with Black-owned businesses by the end of 2025.
“At Target, our commitment to supporting Black-owned companies and advocating for racial equity touches every aspect of our business — including investing in underrepresented entrepreneurs, launching Black-owned brands at Target, working with Black designers and suppliers and increasing visibility through our marketing. ”
WHO
Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the corporate website and press center and by following @TargetNews.
WHERE
WHEN
2021-2025.
WHY
At Target, our commitment to supporting Black-owned companies and advocating for racial equity touches every aspect of our business — including investing in underrepresented entrepreneurs, launching Black-owned brands at Target, working with Black designers and suppliers and increasing visibility through our marketing.
Read More about Racial Equity
