Walmart Buy Nothing Day

585 Words2 Pages

According to Business Insider, it has been estimated that Walmart gains an average revenue of 750K per week. Imagine how much money they would lose in just one day if society decided to purchase no goods. I prefer that we shouldn’t lean towards the idea of “Buy Nothing Day” because it could affect millions of people in disastrous ways. It would only benefit large companies by eliminating their local business competitors. Small businesses and family-owned establishments could be affected with no customers in a day, which can lead to a loss of revenue or possibly put them in debt. Whoever thought of this idea must be unintelligent because, in reality, people won’t likely participate due to them needing resources immediately. We have been so accustomed to consumerism that it would be nearly impossible to stop shopping for one whole day. The economy would collapse if the nation won't be making any money. It would take a long time for it to recover which can result in an unstable economy. …show more content…

Every single dollar matters when it comes to small businesses, since they don’t have other stores available like Walmart or Target. It has been researched that the average income of small business owners with about one year of experience is about $34,392 to $75,076. Imagine being the owner and trying to recover from just 1 day of no sales and not being able to pay bills. This could affect millions of small businesses and only benefit large corporate businesses. Though it is true that Buy Nothing Day has been in existence since 1992, it still has many people willing to ignore it and continue to purchase items to their fill on Black Friday and every day of the

Open Document