Supporting Black Businesses During Small Business Saturday

 Small Business Saturday has been around forever, the shopping event, which falls between Black Friday and Cyber Monday,
-A +A
0

Photo: Black Mall.com

Though it may feel as though Small Business Saturday has been around forever, the shopping event, which falls between Black Friday and Cyber Monday, is actually only ten years old.

Small Business Saturday was founded by American Express in 2010 as a vehicle to encourage people to “shop small” during Thanksgiving weekend and beyond.

As we all get in gear for holiday shopping, it’s important that we not only remember to shop small but that we also remember to shop Black — especially this year.

According to a report by the Federal Reserve Bank of New York, nearly half of Black-owned businesses have already been wiped out by the effects of the coronavirus pandemic.

Further, their report found that Black-owned businesses are two times more likely to shutter than their white counterparts.

Read rest of story here.

Also Check Out...

11 U.S. Embassy employees in Uganda are said to have been hacked using spyware
Uganda: Israeli “Pegasus” Spyware
fatal police shooting of Donovon Lynch
Police Shooting Raises Questions
Daunte Wright, Kim Potter
Daunte Wright: White Killer-Cop To
civil rights investigation into a police department in a New York City suburb.
DOJ Launches Civil Rights Probe
Angela Y. Ervin, founder of the 6-Figure Entrepreneurial Lab for female CEOs
Black Businesswoman Launches
Democrat Stacey Abrams, who declared her candidacy to run in 2022 for Georgia governor on Wednesday
Georgia: Stacey Abrams Favored To