Wholesale
From Wikipedia, the free encyclopedia
Wholesaling is the sale of goods or merchandise to retailers, to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services.[1]
According to the United Nations Statistics Division, "Wholesale" is the resale (sale without transformation) of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies. Wholesalers frequently physically assemble, sort and grade goods in large lots, break bulk, repack and redistribute in smaller lots.[2]
[edit] References
^ WTO - World Trade Organization
^ UNSTATS - United Nations Statistics Division
[edit] See also
Distribution (business)
Retail
Supply chain
Supply network
This economics or finance-related article is a stub. You can help Wikipedia by expanding it.
