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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.
“We better serve our customers, employees and communities when there are more diverse voices at the table, businesses we work with and stories being told. We’re committed to taking the necessary actions to support, grow and reduce the barriers faced by BIPOC entrepreneurs and businesses,” said Corie Barry, the company’s CEO, in a statement.
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