Citi Trends Announces 2nd Annual Black History Makers Winners

Rhea-AI Summary

Citi Trends, Inc. (NASDAQ: CTRN) has awarded $5,000 grants to ten Black business owners through its second Annual Black History Makers program. The initiative aims to boost awareness of Black-owned enterprises and positive community impacts. Over 9,000 applicants were considered, with winners including Lena Vann and Terrance Cecil. CEO David Makuen praised the program's reach and expressed excitement for its future growth. Citi Trends operates 614 stores across 33 states, providing apparel and home goods tailored for African American and Latinx families.

Positive

• Awarded $50,000 in grants to ten Black business owners, enhancing community relations.
• Received over 9,000 applicants, indicating strong engagement and interest in the program.
• CEO's commitment to recognizing and supporting Black entrepreneurs highlights corporate social responsibility.

Negative

• None.

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home trends for way less spend, primarily for African American and Latinx families in the United States, has announced the grant winners of its second Annual Black History Makers program.

Managed by the Citi Trends CITIcares Council, which oversees change initiatives for the company’s customers and employees, the Black History Makers program increases awareness of Black-owned businesses and community organizations, recognizing entrepreneurs who are positively impacting their communities. After considering more than 9,000 inspiring applicants, the program awards ten $5,000 grants to Black business owners doing exceptional work. For 2022, the grant winners are:

• Lena Vann – The Black Period(t) Project
• Chandra Smith – Prommi-Mommi Foundation
• Rekia Beverly – Mrs. Ashbury’s World
• Terrance Cecil – Ryans Place Trucking School
• Alyson Calloway – The Mamas Movement LLC
• Brittney Box – Boxx The Artist
• Ahriana Edwards – Vaila
• Shayna Sangster – Rise House Fitness Studio
• Charita Snow – BLNK SPCE Designs
• Ken Walker – K. Walker Collective

David Makuen, Chief Executive Officer, commented, “We are so inspired by the countless talented Black entrepreneurs in our community and admire their passion for making a difference. Our CITIcares Council deserves a special shout out for increasing the reach of the Black History Makers program and making it easy to apply. Offering these grants has been a truly humbling experience and we look forward to seeing how the program grows in the coming years. Congratulations to all of our winners!”

To learn more about the grant winners, visit: www.cititrends.com/bhm-winners-2022

About Citi Trends:

Citi Trends, Inc. is a growing specialty value retailer of apparel, accessories and home trends for way less spend, primarily for African American and Latinx families in the United States. The Company operates 614 stores located in 33 states. For more information, visit cititrends.com or your local store.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220511005058/en/

Media:

Valerie Fiordaliso

Marketing Manager

vfiordaliso@cititrends.com

Source: Citi Trends, Inc.

FAQ

What is Citi Trends' Black History Makers program?

It is an initiative that awards grants to Black business owners to support their positive community impact.

How much money was awarded in the Black History Makers program?

A total of $50,000 was awarded, with each of the ten winners receiving $5,000.

How many applicants were considered for the Black History Makers program in 2022?

Over 9,000 applicants were considered for the program.

Who are some of the grant winners from the 2022 Black History Makers program?

Winners include Lena Vann and Terrance Cecil among others.

How many stores does Citi Trends operate?

Citi Trends operates 614 stores across 33 states.