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Chicago's black businesses

Target Market News has introduced Black Business Chicago, a new monthly which will spotlight news and features on Chicago's African-American businesses, corporate executives and local economic issues. The publication will also be supplemented by a Web site,, that will provide updated coverage of relevant business news on a daily and weekly basis between issues of the monthly print publication. Click for more ____________________________________

Buying Power report: Blacks spend as economy grows
New 16th edition shows $507 bil in spending

The finding comes from the 16th annual edition of "The Buying Power of Black America" report. In 2009, black households spent an estimated $507 billion in 27 product and services categories. ...

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Sears hopes program will encourage more black participation in store ownership

(February 13, 2012) Sears Holdings has announced that it will promote ownership of Sears outlets through its Share the Word platform. Now in its fifth year, the program will focus on empowering African-Americans by presenting opportunities for entrepreneurs through the Own a Sears Store program.

A recent study in entrepreneurship found that African-Americans are 50 percent more likely to start a business than any other race or ethnicity. And, according to data released by the U.S. Census Bureau in 2011, the number of Black-owned businesses increased at triple the national rate over the past five years.

"The desire and interest in owning a business is huge among African-Americans; and, in terms of sheer number, Black-owned businesses are one of the fastest growing segments of our economy," said Alfred Edmond, Jr., senior vice president and editor-at-large of Black Enterprise Magazine.

Share the Word will bring the Own a Sears Store message of entrepreneurial empowerment to life through social platforms including Twitter, Facebook and LinkedIn with engagement opportunities such as tweet-up events and sharable video content. Additionally, in-store materials and signage will provide a QR code which links to the Own a Sears Store homepage.

For more information on Sears Holdings Share the Word or Own a Sears Store programs visit: and

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