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What is a wholesale company?

Updated: 9/11/2023
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15y ago

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Wholesale is the resale of new and used goods in large quantities or bulk, at lower prices to retailers, industrial, commercial, institutional, professional business users, other wholesalers, and related services or involves acting as an agent or broker in buying merchandise for, or selling merchandise. Wholesalers usually assemble, sort and grade products in large lots, break bulk, repack and redistribute in smaller lots to resale.

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