What is Wholesale?
[[File:Birmingham Wholesale Markets.jpg|thumb|[[Birmingham]] Wholesale Markets]] '''Wholesale''' is the sale of large numbers of goods to [[retail]]ers.<ref>{{cite web |url= http://guidetobceconomy.org/major_industries/retail.htm |title=Wholesale & retail trade |first= |last=|work=guidetobceconomy.org |year=2013 |accessdate=21 January 2013}}</ref> The retailer then sells small amounts of the goods to individual users or [[consumer]]s. A wholesaler often buys goods direct from the [[factory]] or the [[farm]]. The wholesaler can put together, sort or grade the products. The wholesaler will repack and redistribute the goods in smaller lots. Wholesalers usually have large individual [[warehouse]]s to do this work. Food wholesalers often are located together at large [[market]]s. Wholesalers used to be closer to where the retail goods were sold than they were to the factories or farms. Since internet sales have increased there are a number of wholesalers setting up near factories in [[China]] and [[Taiwan]]. In [[banking]], wholesale banking means services provided to large companies. Retail banking is services provided to small businesses or individuals. Some examples of wholesale retailers include [[Costco]], Sam's Club, and BJ's Wholesale Club ==References== {{reflist}} {{stub}} [[Category:Commerce]]