Black Stats Frequently requested
data on African American consumers
Black Buying Power:
$836 Billion (2010)
Black U.S. Population:
Top Five Black Cities
- New York
Top Five Black Metros:
- New York-New Jersey
- Los Angeles
Top Five Expenditures:
- Housing $203.8 bil.
- Food $65.2 bil.
- Cars/Trucks $29.1 bil.
- Clothing $29.3 bil.
- Health Care $23.6 bil. ______________________
Quick access to key stats
Click here to go to African-American Census Bureau
2011 by Target Market News Inc. All rights reserved
228 S. Wabash Ave.
Chicago, IL 60604
Food industry veteran Michael B. Moore named President, CEO of Glory
4, 2011) Glory Foods, Inc., the leader in authentic, Southern-style
seasoned greens and canned vegetables, fresh bagged vegetables, corn
bread mixes, hot sauces and cooking bases announces the appointment of
Michael B. Moore as its new President & Chief Executive Officer. Moore
transitioned from his role as a senior consultant and Glory Foods Board
Member. Moore's experienced background with consumer goods companies as
well as his entrepreneurial successes made him a natural fit for the
20-year-old, family-founded company.
"While we've grown to be the category leader in Southern-style seasoned
canned vegetables, Glory Foods still very much operates as a small,
family-centric enterprise," said Randy Zeno, Glory Foods's Board Member
and CEO of Dr. Miracle's, Inc. "Finding someone who understood that
nuance was imperative. We are extremely lucky to have Michael at the
helm, as his career and experience personifies Glory's delicate balance
between being an iconic brand and a ‘get-her-done,' ground-floor
operation," concluded Zeno.
Moore is a graduate of the Maxwell School of Government at Syracuse
University and the Fuqua School of Business at Duke University. Early in
his marketing career, he held brand management positions at General
Foods USA and Coca-Cola USA where he worked on Jell-O® Gelatin and
Coca-Cola classic brands, respectively. After serving as VP of Marketing
for No Fear, Inc., one of the hottest sports apparel brands of the
1990's, Moore emerged as a highly sought-after consultant, advising a
variety of consumer brand companies, technology firms, professional
sports leagues and other growth companies. Later, he was President &
Chief Marketing Officer of Infopop Corporation, a leader in creating the
first generation of enterprise online social tools and online
"I intend to fully exploit my strategic, brand and technology experience
and the enormous equity in the Glory Foods brand, as well as, the
talents of my team to grow the business and to deliver maximum value to
all of our stakeholders," said Moore. "Whether it's a mother looking to
nutritiously feed her family, a major grocer or a small family farm, I'm
committed to maintaining these time-honored relationships, while
introducing new audiences to the brand in relevant, meaningful ways that
drive our business," Moore added.
Moore will continue to enhance Glory's record as the standard bearers in
Southern-style product innovation and consumer and customer
satisfaction, while also focusing on:
Co-branding, licensing and other strategic partnerships
Continued brand development
Community engagement with consumers
Product innovation (New and Enhanced)
Heightened online engagement including a new Blog at www.gloryfoods.com
Influencer alignment such as its Glorified Chefs program
More deliberate, integrated marketing and communications
Founded in 1989, Glory Foods is the category leader in Southern-style,
heat-and-serve products including seasoned canned vegetables, cooking
bases, hot sauces and fresh greens. Its Southern-style vegetables and
side dishes are staples in American homes and offer convenient meal
planning solutions for busy families. Glory Foods is a private, minority
controlled business based in Columbus, Ohio. For more information, visit
GloryFoods.com and join us at Facebook.com/gloryfoods and Twitter.com/gloryfoods.
ORDER TODAY! New
"Buying Power" report: Black consumers spend as economy grows Details $507
expenditures African-American consumers are cautiously increasing their
spending in some key product categories, even as they continue to make
adjustments in a slowly growing economy. The finding comes from the 16th annual edition of "The Buying Power of Black America"
report published by Target Market News..
In 2009, black households spent an estimated $507 billion in 27 product
and services categories. That's an increase of 16.6% over the $435 billion
spent in 2008. African-Americans" total earned income for 2009 is
estimated at $836 billion...