Walgreens Looks to Enhance Supplier Diversity Through Upcoming Virtual Summit

Walgreens has announced that it will hold a Supplier Diversity Summit during the ECRM Supplier Diversity Week, a virtual showcase for diverse businesses and entrepreneurs to share their retail offerings. The virtual event, taking place April 5-8, provides diverse vendors the opportunity to connect with the Walgreens merchandising team, share their products, and receive feedback with the ultimate goal of being stocked on Walgreens shelves in their local areas. During the virtual summit, Walgreens will work to increase sourcing from suppliers that are at least 51 percent owned, operated, and…

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Truist Makes $1 Billion in Economic Impact Through Supplier Diversity

Truist has released their inaugural Supplier Diversity Economic Impact Report, sharing how they drive innovation, help small businesses grow and support local economies. The company state they have accomplished much of this by partnering with certified diverse-owned businesses when relying on services or products from third-party suppliers. In 2020, their diverse supplier relationships helped create a total of $1 billion in economic impact.1 This impact includes $579 million in spend supporting nearly 10,000 jobs, resulting in more than $400 million in wages for small business employees. “We’re proud of our…

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