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There are nuances surrounding the support of Black-owned businesses in the wake of companies dismantling their DEI efforts. Walmart and Target are among the major companies that have boldly announced they will scale back their efforts in diversity, equity, and inclusion. This list also includes Meta, Amazon, McDonald’s, and Nasa. “We’ve been on a journey and know we aren’t perfect, but every decision comes from a place of wanting to foster a sense of belonging, to open doors to opportunities for all our associates, customers, and suppliers, and to be a Walmart for everyone,” Walmart said in a statement, according to AdWeek. Walmart’s shareholders do not align with its board of directors, expressing “deep disappointment,” as AFROTECH™ previously reported. What’s Going On At Target? Target has followed suit, placing a red light on its three-year DEI commitment. According to NBC News, the retailer will no longer send reports to an external diversity-focused group and will dismantle its...
CVS Health expects to cut close to 3,000 jobs in efforts to cut costs, according to their annual report . The drug store and pharmacy chain reports struggling due to reimbursement rates for prescription drugs. The franchise has also been impacted by customers purchasing snacks and household items from other retailers such as Amazon, Walmart, Target and dollar-value stores. In an effort to curb their losses, the company has committed to a multi-year initiative to achieve $2 billion in cost savings. This year’s layoffs represent less than 1% of the company , although last year they announced that they would be laying off approximately 5,000 employees and closing around 900 stores between 2022 and 2024. The company also plans to incorporate more artificial intelligence via robotics into its operations. Despite their efforts to further reduce costs and improve the shopper experience, here’s how the CVS layoffs will affect employees and customers. How Will The CVS Layoffs Affect...
A new Black-owned restaurant has opened in Los Angeles. MTV “Ridiculousness” co-host Sterling “Steelo” Brim, Alahna Jade, and business partners Vincent Bryant and Scott Williams are the masterminds behind Linden. Located on the historic Sunset Boulevard, Linden is on a mission to bring delicious dishes from the Big Apple to Hollywood. “I’ve always had a passion for hosting and creating memorable experiences for others and found a lot of joy in curating vibes and bringing people together,” Jade told Blavity when asked about the inspiration behind the restaurant. “When Sterling and I came together as a couple, we realized that our shared love for hospitality was something we could turn into a fulfilling venture.” Brim’s introduction to the restaurant business started in New York with Las’ Lap, alongside Bryant and Williams, who are part of the team behind Linden. View this post on Instagram A post shared by LINDEN (@lindenlosangeles) “The L.A. crowd was waiting on something like...
Jatee Kearsley refers to herself as a “generational starter.” The Queens, NY, raised pastry chef is the owner of Je T’aime Patisserie, a business located in Bed-Stuy, Brooklyn. The naming of the restaurant was intentional as her love for cooking was born in her teenage years while hosting weekly bake sales in front of a building she used to reside in. “You’re a kid and you want money. So what do you do when you want money? You do what you’re good at. And I was always good at baking cakes and cupcakes for my family,” she tells AFROTECH™ during the Strength of a Woman Festival and Summit. “I would invite my friends over and they’ll come and eat cupcakes. I’m like, ‘You know what? I’m going to make money.’ So I took a table outside and just started selling these cupcakes that I was making. Then it just elevated into a passion.” Kearsley would continue to opt for self-teaching even as she pursued culinary education, honing her skills in baking intricate pastries such as macarons and...
“Stay smooth, don’t be ashy” is the slogan behind Abena Boamah-Acheampong’s Hanahana Beauty. The Ghanaian-American founder and chief executive officer launched the skincare and wellness brand in 2017 to provide consumers with clean products to include in their skincare routines. According to Hanahana Beauty’s website, the shea butter in its products is sourced directly from the Katariga women, who are producers based in Tamale, Ghana. Seven years officially into the beauty industry, Boamah-Acheampong’s mission statement to “increase accessibility, transparency, and sustainability” in their products has continued to spark people’s interest in backing her brand. During an interview with Forbes’ “New Money” podcast, she shared how she built Hanahana into a multi-million dollar company with over $2 million in sales. A pivotal part of the Hanahana Beauty journey was when the company received its first check in 2022 from a Black woman investor , per the outlet. From there,...
Nike continues to bridge the gap between sports and technology and this time they’re providing a unique way to get involved ahead of Sunday’s big game! Ahead of the Super Bowl, the leading sports apparel brand is teaming up with EA Sports Madden NFL 22 to offer consumers exclusive challenges with rewards for physical movement along with a few fun, in-game performance benefits. The latest initiative allows users to run five miles through the Nike Run Club application for the opportunity to unlock an exclusive Aaron Donald Madden Ultimate Team Player Item within the game of Madden. Users will also get a chance to receive an achievement badge upon completion of the NRC Super Bowl Challenge and they’ll receive a +7 speed enhanced Aaron Donald player item, which just so happens to be the most valuable defensive player within the Madden NFL 22 game. “I enjoy seeing kids get out and live active and healthy lifestyles. As a professional athlete, I think it’s important to reinforce healthy...
Serving your customers and employees well means listening effectively and taking appropriate action when something’s not quite right. Qualtrics wants to help organizations better understand their customers and employees, as well as tighten up internal and external processes. The technology platform assists companies in fixing broken customer and employee experiences. It allows companies to listen to feedback on any channel, analyze thoughts, feelings and emotions and then take prescriptive actions to improve the experiences. You can learn about your customers from a range of platforms, such as social media, review websites or your company’s call centers, and even use the technology to gauge the #mood of a customer on a recorded phone call.
We’ve all experienced the inevitable hassle of trying to find our right size while shopping for clothes — especially for bras — but who other than Rihanna to swoop in and save the day. The singer is coming to the rescue, and the “S” on her chest stands for Savage X Fenty. With the lingerie brand’s first-ever brick-and-mortar store now opened in Las Vegas, the store also debuted its augmented reality (AR) technology from apparel matching platform Fit:Match, according to Adweek. “We’re extremely pleased to partner with Fit:Match to lead innovation in the shopping experience and eliminate the fit question for our Savage X Fenty customers,” co-presidents Christiane Pendarvis and Natalie Guzman shared in a statement.
After closing a $170 million Series C funding round, Nigerian FinTech startup Flutterwave has announced a new collaboration with payments giant PayPal to allow customers worldwide the option of sending and receiving payments from African merchants, TechCrunch reports. According to the outlet, it has been nearly impossible for businesses in some African countries to receive money from PayPal — which is rumored to be due to insufficient regulation and poor banking security — but that’s changing now thanks to a new feature on the platform called “Pay with PayPal.” Through this partnership, Flutterwave is allowing African businesses to connect with the 377 million existing accounts on PayPal’s global platform to help resolve the complex and broken banking infrastructure on the continent and eliminate the barrier of cross-border commerce. “In a nutshell, we’re bringing more than 300 million PayPal users to African businesses so they can accept payments across the continent,” CEO...
Technology is all around us, even in spaces you least expect. For those interested in a tech career, this abundance has meant finding opportunities in roles and companies not traditionally known for their technology development. For The Home Depot, the tech boom has meant leaning into digital transformation and enhancing the ways customers can search and view product recommendations, purchase products, find solutions and get products delivered, among other things. In late 2017, the world’s largest home improvement retailer announced its multi-year plans to invest $11.1 billion into its interconnected “One Home Depot” digital strategy. That strategic and agile foundation enabled The Home Depot to quickly react during COVID-19. From implementing curbside pick-up to enhancing digital search options, The Home Depot is well positioned to effectively address the evolving needs of their customers and associates. That includes working to increase diversity and inclusion initiatives to...