Southridge Wrestling Crew. March 2 Â· Edited Â·. Great day for the crew, love seeing how hard our kids work.
The wholesale and retail trade sector (18.2% share of Singaporeâs nominal value-added in 2013) traditionally serves as an intermediary between producers and consumers. Wholesalers collate, store, break bulk and repackage goods before supplying retailers.
Key Differences Between Wholesale and Retail. The following are the major differences between wholesale and retail: Wholesale means the sale of goods in voluminous quantity, at a low price. The business of selling goods to end consumers in small lots at a profit is known as Retail. Wholesale creates a link between the manufacturer and retailer whereas Retail creates a link between retailer and customer. Wholesale prices of products are lower than the retail prices. In wholesale business, there is no requirement of an art of selling the goods which are a must in case of retail business.