Target’s new CEO, Michael Fiddelke, told employees in Minneapolis on Feb. 4, 2026, that he plans to rebuild customer and employee trust after the retailer’s pullback from DEI triggered backlash. Reporting from Bloomberg News shows Fiddelke used his first town hall to concede that Target “lost” trust and that leadership failed to communicate clearly in the moment. CNN reports that the credibility gap was tied to the dismantling of DEI commitments, including a program that helped Black-owned businesses secure shelf placement, plus the removal of minority hiring goals and the
Google is rolling out Black History Month programming across Search, Play, TV, YouTube, Chrome, Meet, Maps, and Arts & Culture in the US throughout February. The campaign is anchored by a hip-hop–themed Google Doodle featuring a custom beat by Detroit rapper, singer, and producer Illa J. A Google Doodle sets the tone for Black History Month Google launched the campaign with a Doodle music video focused on the mechanics of hip-hop beat-making, using one of its most visible entry points to set the tone and route users into related experiences.
Black-owned businesses faced the highest rejection rate for loans in 2024, according to a recent analysis by LendingTree. Nearly 2 in 5 (39%) of Black founders were denied when applying for loans, lines of credit, or merchant cash advances. Hispanic business owners also faced high levels of rejection, with a 29% rejection rate. Comparatively, only 1 in 5 (18%) of white-owned businesses experienced rejection. Black-owned businesses facing loan rejections Black-owned founders have always had to work significantly harder than their white peers. These latest statistics underscore the challenges faced by
Green Book Global, the first Black travel review mobile app, and EatOkra, an app for discovering Black-owned restaurants, are collaborating to add over 2,500 Black-owned restaurants into Green Book Global’s Driving While Black Road Trip Planner. With this new partnership, travellers will be able to use the Green Book Global app or website to add Black-owned restaurants from EatOkra straight to their road trip commutes across the US. “This collaboration is about more than food. It’s about culture, safety, and creating a network of trusted spaces for Black travelers as
Willa’s Books and Vinyl, one of the oldest-operating Black-owned bookstores in Missouri, is about to get a makeover thanks to The Kansas City Defender. The bookstore will transform into a public archive and the new headquarters of KC Defender, a nonprofit digital startup that produces news, digital tools, and public services for Black people across the Midwest. Willa’s struggled with financial troubles, asking for help from supporters across Kansas City so it could remain open. Nina Kerrs, a Mutual Aid organizer with The Kansas City Defender and other team members, started
Yelp’s “Black-owned” tag, introduced in 2020 to boost the visibility of Black-owned businesses, led to lower average ratings of Black-owned restaurants in Detroit, a recent study by The Conversation has found. Restaurants tagged as Black-owned received 3.03 stars on average from reviewers aware of the ownership, compared to 3.78 stars from those who were unsure. Increased visibility, but lower ratings The visibility of Black-owned restaurants on Yelp significantly increased following Yelp’s June 2020 edition of the Black-owned tag. A year after the tag was introduced, reviews in Detroit mentioned Black
Baltimore’s Mayor’s Office of Small and Minority Business Advocacy & Development (SMBA&D) is working with US Black Chambers, Inc. (USBC) to support small, minority, and women-owned businesses. The new partnership will provide these entrepreneurs with access to certification programs, contracting opportunities, and business development support. With 102,000 Black-owned businesses in Maryland, this program will significantly benefit Black-business owners in the area. SMBA&D collaborating with USBC The USBC supports a network of African American Chambers of Commerce and business organizations by providing them with resources and initiatives, and this collaboration will
The Charlotte-Mecklenburg Black Chamber of Commerce is launching a new Innovation Center to support Black-owned businesses and address food inequality in Charlotte, NC. “Think of it as a one-stop shop for professionals and small businesses,” Cathay Dawkins, a local entrepreneur and chairman of the chamber, told The Charlotte Observer. What is the innovation center? The property, located at 2601 Wilkinson Blvd, near Interstate 77, will feature spaces for business meetings, co-working areas, an agri-tech program to assist farmers in utilizing advanced technology, and a retail store distribution center for small
Black women who work in startups are more likely to become founders later on, a new study has revealed, highlighting a potential key path to increasing their representation in the startup world. Black women are already leading the way in entrepreneurship. A LendingTree study found that Black-owned businesses are more likely to be led by women, and 55.2% generate between $100,000 and $999,999 in annual revenue, slightly higher than the 54.7% for all Black-owned businesses. Although the number of Black-female founders in the US is increasing, they still make up
A new e-commerce platform dedicated exclusively to Black-owned spirits is up and running. UrFriendCharles.com is home to over 150 products, with plans to add 100 more by the end of the year. The website offers users a curated experience for consumers seeking to purchase liquor from Black-owned businesses, as stated in a press release. Spotlighting Black-owned brands UrFriendCharles.com was founded by Charles Everett, a content creator and advocate with a background in supply chain management. With a cumulative following of over 100,000 on Instagram and TikTok, Everett is known for
