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Parker House Sausage Company, founded in 1919, is one of the oldest black-owned businesses in the United States. [1] [2] Since 1926, the company has been located in the same building at 4605 S. State Street in Chicago's Bronzeville neighborhood. In 1962, the company was noted as the nation's largest black-owned company. [3]
The vendor directory is composed of venues and businesses scattered across the city and consists of 1,022 Black-owned businesses as of publishing time including the Black and woman-owned nail shop ...
[1] [3] By the 1960s had an estimated 80 percent of the black hair-care market and annual sales of $12.6 million by 1970. [1] In 1971, JPC went public and was the first African American owned company to trade on the American Stock Exchange. [1] [5] The company's most well-known product was Afro Sheen for natural hair when afros became popular.
Politico reported that Chicago's once wealthy Black community has dramatically declined with the shuttering of many Black-owned companies. [50] Among the 10 US cities with the largest Black populations in 2000, Chicago saw the second highest decline after Detroit, with a net departure of 261,763 Black residents from 2000-2020. [47]
Just opened: Black-owned Provaré puts Creole spin on Italian, and 7 more new Chicago-area restaurants Louisa Chu, Chicago Tribune September 28, 2021 at 6:00 AM
On Juneteenth, Stephanie Hart will serve up a decadent representation of the African American flag: A green, black and red velvet cake frosted with a green cream cheese and drizzled with dark ...
In Chicago ghettos in 1938, it was discovered that while there was an equal amount of black and white businesses, black businesses acquired less than one-tenth of the money spent. The research in the documents found that black entrepreneurs received lower returns on their skills and faced asymmetric survival rates relative to their white peers ...
Donations are submitted online through the My Block, My Hood, My City website [7] and businesses can apply for up to a $7,500 grant. [14] While funds are given to a variety of businesses, this fund primarily focuses on black-owned businesses [7] in the south and west sides of Chicago. [15]
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