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Target Plans to Spend Over $2B With Black-Owned Businesses by 2025

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

When protesters took to the streets last summer, Target was one of a swath of retailers and brands to commit funds—in its case, $10 million—to supporting social justice efforts. Target revealed plans Wednesday to spend 200 times that total—$2 billion—at Black-owned businesses over the next five years. As part of this effort, the retailer said…

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