Retailers provide the service of making goods available to consumers in convenient quantities and locations. Retailing involves buying from wholesalers or direct from manufacturers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. Wholesalers are independent organizations in the distribution channel that buy in bulk and sell to resellers rather than to consumers.

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The global retail and wholesale market is valued at above $33 trillion in 2017 and observed significant economic growth, technological advancements and impact of retail data.
The retail and wholesale market in The Business Research Company’s report is segmented into two segments, namely retail and wholesale segments respectively. While the first segment accounts for nearly three-fourth of the market share, the remaining share is attributed to the other segment.

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The USA was the largest country in the retail and wholesale market in 2017, accounting for one-fifth of the market share. The USA was followed by China and Japan as the next largest countries in the market.
Wal-Mart Stores, Inc. was the largest competitor in the retail and wholesale market, followed by McKesson Corporation and AmerisourceBergen Corporation. Wal-Mart operates retail stores, restaurants, wholesale clubs, discount stores, hyper markets, supercentres apparel stores, retail websites and restaurants.

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