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Wholesale is a business in which goods are sold in large quantities to the retailers, industries and other businesses. When the goods are sold to the final consumer in small lots, then this type of business is termed as retail.
US Economy. Retailing is how producers of goods and services get their products to you, the consumer. Retailers generally get their goods directly from the manufacturer. That turns commodities into a finished product. They also buy the manufacturer's products from a middleman, known as a wholesaler or distributor.