In just five years, Small Business Saturday has become the ceremonial
kickoff to the holiday shopping season for small businesses across the
country. The fifth annual Small Business Saturday, set for November 29,
is quickly approaching, and businesses are gearing up to make this year
the biggest yet.
At a press announcement at Madison Square Garden on Monday, Lexin Cheng,
Chairman and CEO of ZTE USA, announced that the ZTE Smartphone would be the
official smartphone of the N.Y. Knicks basketball team.
This week, L’Oreal USA will add Carol’s Daughter, a successful beauty
and skincare company created for and by African-American women, to its growing
roster of beauty brands. According to several news reports, the deal was inked a month after
Carol's Daughter's retail division exited Chapter 11 bankruptcy.
The launch of the Entrepreneurs Circle, a new initiative underwritten by Credit Suisse, will offer several forms of access - including bank loans and wealth advice - to African-American business owners.