Politics

Black Lives Matter calls for month-long boycott of ‘white companies’

On Black Friday, the Black Lives Matter organization announced another year, its seventh so far, of boycotting “white companies” during the holiday season.

The Black Lives Matter Global Network shared a post to Instagram calling all to support “Black Xmas” and “Black-led-Black-serving organizations.”

The official blackxmas.org site reads: “We’re deaming of a #BlackXmas. That means no spending with white companies” from Black Friday through New Years’ Day. The group offers three action steps for supporters to participate in Black Xmas, which are Build Black, Buy Black, and Bank Black. Followers are specifically encouraged to “buy exclusively from Black-owned businesses” saying “white-supremacist-capitalism uses policing to protect profits and steal Black life.” 

The Nielsen research group found that in 2020, black buying power was equivalent to $1.57 trillion, and the group also found that black shoppers are increasingly using their money to buy from companies that have tailored their messaging to black communities.

But during the pandemic, twice as many black-owned businesses were forced to permanently close their doors compared to white-owned businesses between February 2020 and April 2020, according to CNBC. 

ARTICLE: ELIZABETH HERTZBERG

MANAGING EDITOR: CARSON CHOATE

PHOTO CREDITS: FOX NEWS

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