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In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacturer or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. [1]
All Wholesale Dealers will meet with very great Encouragement for ready Money. Norfolk Chronicle (July 12th 1783) in the British Library A chinaman is a dealer in porcelain and chinaware , especially in 18th-century London , where this was a recognised trade; a "toyman" dealt additionally in fashionable trifles, such as snuffboxes . [ 2 ]
Once purchased by Sightholders (which is a trademark term referring to the companies that have a three-year supply contract with DTC), diamonds are cut and polished in preparation for sale as gemstones ('industrial' stones are regarded as a by-product of the gemstone market; they are used for abrasives). [106]
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BJ's Wholesale Club Holdings, Inc., commonly referred as BJ's, is an American regional membership-only warehouse club chain based in Marlborough, Massachusetts, operating in the eastern United States in addition to Ohio, Michigan, Indiana, and Tennessee, and Alabama.
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