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TGT Target Corp

158.50
0.38 (0.24%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Target Corp NYSE:TGT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.38 0.24% 158.50 160.31 157.81 159.00 3,802,183 00:22:58

Target Aims to Spend More Than $2 Billion With Black-Owned Businesses by End of 2025

07/04/2021 12:39pm

Dow Jones News


Target (NYSE:TGT)
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From May 2019 to May 2024

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By Dave Sebastian

 

Target Corp. said it aims to spend more than $2 billion with Black-owned businesses by 2025, a goal that involves adding products from more than 500 Black-owned businesses to its shelves.

The retailer on Wednesday said the move builds on its effort to diversify its suppliers. The company said it plans to increase spending with Black-owned businesses such as marketing agencies, construction companies and facilities maintenance.

Target said it is also creating a program called Forward Founders, which aims to help Black entrepreneurs with ideation, product development and scaling for mass retail.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

April 07, 2021 07:24 ET (11:24 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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