Chamber Urges Consumers To ‘Shop Black’ This Week

Chamber Urges Consumers To 'Shop Black' This Week
The only way to retain Black wealth is to support Black owned businesses

AFRICANGLOBE – The Fresno Metro Black Chamber of Commerce is challenging Central Valley residents to spend more money with Black-owned businesses this week.

As part of National Black Business Month, the chamber is hosting its own “Shop Black Week” event. Tate Hill, chamber president, said starting today through Aug. 31, he intends to spend all of his consumer dollars at Black-owned businesses in the Fresno area.

He said the effort is meant to highlight local businesses, as well as identify gaps in services or goods offered by Black-owned businesses locally.

“They may provide some opportunities to think about entrepreneurship” Hill said in a conference call with media Monday morning.

Hill said Black people spend about a trillion dollars each year on goods and services in the US, and here in the Fresno, Clovis and Madera area, that number is $725 million.

In terms of collective revenue impact to Black-owned businesses, that number shrinks to only $213 million.

Hill said that gap represents a chance for the Black business community to stem the leakage.

John William Templeton, co-founder of National Black Business Month, said empowering Black businesses creates benefits for everyone.

“They are the essential job creators in communities that have labor surpluses,” Templeton said.

Hill said there are a number of ways consumers can seek out Black-owned businesses in town, including the Fresno Metro Black Chamber of Commerce directory and social media pages, including Facebook and Twitter.

As part of Shop Black Week, Hill plans to patronize a different Black owned business each week, including lunch today at The Fire Pit barbecue restaurant in West Fresno today; Kocky’s Bar and Grill on Tuesday for lunch and Sumtin Ta Eat in Downtown Fresno for lunch Wednesday.

 

The Importance Of Supporting Black-Owned Businesses