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Black Stats
Frequently requested
data on African American consumers
Black Buying Power:
$679 Billion (2004)
Black U.S. Population:
38.3 million
Top Five Black Cities
- New York
- Chicago
- Detroit
- Philadelphia
- Houston
Top Five Black Metros:
- New York-New Jersey
- Washington-Baltimore
- Chicago-Gary
- Los Angeles
- Philadelphia
Top Five Expenditures:
- Housing 110.2 bil.
- Food 53.8 bil.
- Cars/Trucks 28.7 bil.
- Clothing 22.0 bil.
- Health Care 17.9 bil.
Click here for more stats from "The Buying Power of
Black America."
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TV One to provide
programming for Wal-Mart's in-store TV network
(March
9, 2006) Premier Retail Networks has announced that TV One, the
African-American cable channel, will provide lifestyle and
entertainment-oriented programming to the Wal-Mart Television Network,
which is carried in more than 2,850 of its stores.
PRN, the largest in-store TV network in the U.S., is working with TV One
to create programming specially tailored for Wal-Mart TV. This Wal-Mart TV
programming will provide lifestyle tips on a wide range of issues
including fashion, beauty, home, and personal finance, as well as
entertainment-based content that respects African-American culture and
heritage and values the intellectual and cultural diversity among African
Americans.
Tom Sebastian, SVP of Programming for PRN, commented, "Our goal is to help
enhance the shopping experience by being relevant to the consumer. TV
One's lifestyle and entertainment programming, which targets the adult
African American audience, will be an outstanding addition to Wal-Mart
TV."
TV One Executive Vice President of Advertising Sales and Marketing, Keith
Bowen, commented, "This agreement supports our goal to be distributed in
markets where African Americans represent a significant segment of the
population. We will select lifestyle and entertainment programming to
highlight the breadth and depth of the African American culture that we
believe will be highly appealing to the viewers of Wal-Mart TV."
Troy Steiner, Senior Media Director of Wal-Mart, commented, "By enhancing
Wal-Mart TV with TV One programming, we further extend our commitment to
provide a relevant store environment for all our customers. Our
multicultural merchandise mix and store environment reflect our respect
for our customers. In this way we hope to offer a store of the community
to all segments of our diverse customer base."
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12th
Annual Edition Available
Latest
'Buying Power' report shows black consumers spending more on home life
As the American economy continues to move sluggishly,
African-American households are curtailing their spending in many
categories, including food, clothing and basic household items, while
investing more in home repair, home entertainment and consumer
electronics. Although they are trimming back, black consumers are still
spending more than their white counterparts on most of these products.
Story and statistics
continued
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