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Rainbow Coalition Seeks Influence at Supermarkets

NEW YORK — The Rainbow PUSH Coalition here on Thursday said it had purchased stock in 25 food-industry companies, including several supermarket retailers, with an eye on challenging those companies to improve economic opportunities for minority businesses and communities.

Jon Springer, Executive Editor

January 20, 2011

1 Min Read
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JON SPRINGER

NEW YORK — The Rainbow PUSH Coalition here on Thursday said it had purchased stock in 25 food-industry companies, including several supermarket retailers, with an eye on challenging those companies to improve economic opportunities for minority businesses and communities.

"We want to bring added value to the food and beverage industry," Rev. Jesse Jackson, president and founder of the Rainbow PUSH Coalition, said in a statement.

"We represent underserved markets, underutilized talent, and untapped capital. Forging and expanding partnerships between major food and beverage corporations and minority businesses leads to growth and everybody wins."

The group said it would seek meetings with corporate leaders and strategically attend stockholder meetings "to advance our mission of expanding minority participation and inclusion in the food and beverage industry."

About the Author

Jon Springer

Executive Editor

Jon Springer is executive editor of Winsight Grocery Business with responsibility for leading its digital news team. Jon has more than 20 years of experience covering consumer business and retail in New York, including more than 14 years at the Retail/Financial desk at Supermarket News. His previous experience includes covering consumer markets for KPMG’s Insiders; the U.S. beverage industry for Beverage Spectrum; and he was a Senior Editor covering commercial real estate and retail for the International Council of Shopping Centers. Jon began his career as a sports reporter and features editor for the Cecil Whig, a daily newspaper in Elkton, Md. Jon is also the author of two books on baseball. He has a Bachelor of Arts degree in English-Journalism from the University of Delaware. He lives in Brooklyn, N.Y. with his family.

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