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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]
[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.
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 ...
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 ...
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 ...
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
Jesse Binga (April 10, 1865 – June 13, 1950) was a prominent American businessman who founded the first privately owned African-American bank in Chicago. [1] Binga recalled coming to Chicago in the 1890s with $10 in his pocket. By the 1920s he was a bank president and major real estate owner.
Our editors have compiled a list of Black-owned stores, shops, brands and businesses you can support with your dollars by shopping them online now and forever. 100 Black-Owned Businesses to Shop ...