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Target Market News launches Chicago business publication


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, blackbusinesschicago.com, 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
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Buying Power report: Blacks spend as economy grows
New 16th edition shows $507 billion in spending

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. In 2009, black households spent an estimated $507 billion in 27 product and services categories. ...
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Black Stats
Frequently requested data on African American consumers

Black Buying Power:
 $836 Billion (2010)

Black U.S. Population:
 41.1 million (2010 Census)

Top Five Black Cities (by population)
 - New York
 - Chicago
 - Detroit
 - Philadelphia
 - Houston

Top Five Black Metro Areas:
 - New York-New Jersey
 - Washington-Baltimore
 - Chicago-Gary
 - Los Angeles
 - Philadelphia

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.
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Venus Williams joins Jamba Juice as spokesperson and franchise owner

(August 13, 2011) World recognized tennis star and business entrepreneur, Venus Williams, has teamed up with Jamba Juice to promote the healthy, active lifestyle brand as celebrity spokesperson for the brand. Ms. Williams is also a Jamba Juice franchise store owner and has plans to open five stores in the Washington D.C. Metro Area over the next two years.

"I am excited to be opening stores this year and proud to be a part of the Jamba Juice organization."
Ms. Williams was in Bethesda, Maryland on July 6 to celebrate the opening of her first Venus Williams-Jamba Juice store, which is located in the Westfield Montgomery mall. She expects to open a second store in the Washington D.C./Maryland market before the close of 2011.

"My goal is to help inspire our nationís youth to become more active and to make better dietary choices. As a recognized healthy, active lifestyle brand that offers simple menu solutions for eating right while engaging in healthy activities, Jamba Juice is a perfect fit to help me in that endeavor," said Venus Williams, tennis star and entrepreneur. "I am excited to be opening stores this year and proud to be a part of the Jamba Juice organization."

"We are thrilled to have attracted such a high caliber healthy lifestyle advocate, sports professional and entrepreneur as Venus Williams to support our brand," stated James D. White, chairman, president and CEO, Jamba Juice Company. "We share her passion when it comes to helping our nationís youth lead healthier lives. She will be an outstanding champion for Jamba Juice and we are very excited to be partnering with her."

In her role as company spokesperson, Ms. Williams will represent Jamba Juice, one of her favorite health and wellness brands, in key advertising and marketing campaigns, through personal appearances and in digital and social media activities.


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