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It’s more than just a fad, Target is on a mission! According to the PR Newswire, The retail giant has announced its commitment to spend more than $2 billion with Black-owned businesses by 2025. Target has also committed to adding products across its multi-category assortment from more than 500 Black-owned businesses. “We have a rich history of working with diverse businesses, but there’s more we can do to spark change across the retail industry, support the Black community and ensure Black guests feel welcomed and represented when they shop at Target,” said Christina Hennington , executive vice president, and chief growth officer, Target in an official news release. “The bold actions we’re announcing today reflect Target’s ongoing commitment to advance racial equity for the Black community. They also represent significant economic opportunity for hundreds of new Black-owned companies, who we look forward to doing business with for years to come.” To further their support, Target...
Growing up, Rodney Williams always yearned to see technologists, creatives and world-changers who looked like him. A would-be innovator himself, he recalls his less-than-ideal childhood environment in Baltimore as a credit towards forcing him to think outside the box and inspiring his ingenuity. This outside the box thinking would work in his favor as he would go on to co-found LISNR, a data-over-audio software company based in Cincinnati. LISNR develops technology that can be used to power transactions from short-range, making his technology the perfect tool for retail customers. Over the past three years, Target has helped startup companies like LISNR through its growing portfolio of accelerator programming. The portfolio of programs includes their U.S.-based Retail Tech Accelerator, Target Takeoff, Target Incubator, and the India-based Target Accelerator Program, which focuses on Bangalore-based startups. Targeted teamed up with German retailer METRO AG — one of the world’s...