‘Most of our businesses are small, and they have limited capacity’
MADISON, Wis. — As many Dane County businesses move into the next phase of reopening, other small business owners, Black owners specifically, are stuck in the past. Their spaces can’t accommodate 75% capacity and social distancing… and that’s not their only challenge.
“We just want our customers back,” said Marilyn Harper, owner of Happily Ever After boutique, a children’s resale shop on Madison’s west side. “Our business is open, but
LONDON — For Aimée Felone, whose children’s bookstore in London stocks tales with ethnically diverse characters, the Black Lives Matter protests last summer were, in a word, overwhelming.
“We had attention like we’ve never had before,” Ms. Felone said. People across the country clamored for books about antiracism and sought out Black-owned businesses like her store, Round Table Books, as a way to help reverse years of economic racial inequality. In early June, the store’s sales went through the roof.
But pandemic restrictions had shuttered the store’s warehouse. After two weeks, the four-person team was struggling to fulfill online orders.
The first-ever SWFL Black Business Expo sold out at Edison Mall in Fort Myers. It is aimed at helping Black businesses in the area grow and flourish.
Every morning when Altemia Diggs opens the doors to her makeover studio and hair academy, she counts her blessings. She remembers daily why she’s still in business even despite the pandemic.
“It’s the fact that local people took their time, Black and all nationalities, started being conscious of the buying power and spending their money with locally-owned businesses so if it wasn’t for that I don’t think I would be
In the early 20th century, the US saw what’s been called a golden age of Black business and of Black business thinkers, one that has been elided in traditional business history taught in classrooms and leadership trainings. In this highly segregated era, leaders like Charles Clinton Spaulding and Maggie Lena Walker created and ran successful regional, national, and international corporations that employed and served the Black community in unique ways. The authors, two business historians, describe these leaders and show the ways in which the theme of social support runs throughout their work. The authors argue that leaders in today’s
(State of financial education: Many money problems Americans face could have been avoided if financial literacy was taught earlier in school. That knowledge helps create a foundation for students to build strong money habits early and avoid many mistakes that lead to a lifelong of money struggles. This story is part of a series looking at the current financial education landscape in this country.)
Kinsha Sidibe is a freshman in high school and she’s already learning about personal finance.
It’s not because the state she lives in, Pennsylvania, mandates the education. It’s thanks to a program run by a nonprofit,
72 Black executives are urging US companies to speak out about new voting laws, the NYT reports.
They claim the new bill, being advanced by Republicans, could restrict the rights of Black voters.
Former American Express CEO, Kenneth Chenault and Merck CEO Kenneth Frazier are in charge of the letter.
See more stories on Insider’s business page.
Top Black business leaders in the US are calling on companies to fight against restrictive voting rights laws being put in place in at least 43 states, according to a report from The New York Times on Wednesday.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.