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.
âWholesaleâ means âselling in large quantitiesâ and âretailâ means âselling in small quantities.â. In wholesale, the goods are mainly sold to the retailer who sells it to the customers. A wholesaler might also sell the products directly to the customers. One of the main differences between wholesale and retail is in the price of the goods. The wholesale price is always lower than the retail price. This is mainly because the retailer has to include many other costs while selling the goods.