Best Buy Pledges to Spend $1.2 Billion With Diverse Businesses

The electronics retailer will increase spending with Black, Indigenous and people of color on areas such as products and marketing

Electronics retailer Best Buy is committing to spend at least $1.2 billion with businesses owned by Black, Indigenous and people of color (BIPOC) on everything from the products it places on its shelves to its supply chain and marketing efforts by 2025.