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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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© 2006 by
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Black-owned soap and
toothpaste company signs deal with Peapod.com
(November
27, 2006) Minar Products LLC recently announced the establishment of a
partnership with Peapod.com, making the all-natural soaps and toothpaste
available through yet another national online retailer. The announcement
comes just weeks after Minar secured a deal with Walgreens.com and
steadily increases Minar’s national presence and availability.
“The Peapod partnership will be vital to our overall growth in the next
year and we look forward to expanding our brand to Peapod.com consumers
across the country,” said Henry Stewart, president of Minar.
Since its establishment in 2001, Minar’s soap and toothpaste products had
been popular mostly among small “ma and pa” stores and some mid-sized,
health-oriented retailers—thus the company was only moderately successful.
After buying out his partners in 2005, Stewart took the helm as sole owner
of Minar and set off on a mission to position the company for the national
brand recognition it is currently enjoying.
Founded in 1989 by brothers Andrew and Thomas Parkinson, Peapod has grown
to be one of America's leading Internet grocers. Peapod is a wholly owned
subsidiary of international food provider Royal Ahold, and works in
partnership with Ahold USA supermarket companies including Stop & Shop and
Giant Food.
In addition to Peapod.com, Minar Products are also available at
Walgreens.com, Jewel-Osco, Dominick’s and regionally at Food 4 Less
stores. For more information, visit:
www.minarproducts.com.
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The
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Book Publishing Authority
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in its seventh year of publication, Black Issues Book Review is
the only nationally distributed magazine devoted exclusively to covering the
latest news and reviews on black books. BIBR also provides up-to-date news on forthcoming author
signings, book fairs and book clubs.
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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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