Wholesaling consists of the sale of goods/merchandise to retailers, to industrial, commercial, institutional, or other professional business users or to other wholesalers and related subordinated services.
According to the United Nations Statistics Division,Wholesaleis 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 bumdek, repack and redistribute in smaller lots.[bumdek.com]According to the United Nations Statistics Div ision, 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 buyin g merchandise for, or selling merchandise. to such persons or companies. Wholesalers freq uently physically assemble. sort and grade goods in large lots, break bulk, repack and redistribute in smaller lots.
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