Wholesale Market


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Wholesale Market

1. The market for the sale of goods to a retailer. That is, a wholesaler receives large quantities of goods from a manufacturer and distributes them to stores, where they are sold to consumers. A wholesaler is generally able to extract a better price from the manufacturer because it buys so many good relative to an individual retailer. In theory, this enables the retailer to sell the good at a better price for the consumer. See also: Economies of scale.

2. The market for the sale of securities to institutional investors rather than individuals.
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The current Birmingham Wholesale Markets site close to Bullring would then be demolished to make way for a mixed-use district containing residential and business accommodation, leisure and cultural uses.
In particular the traders want to see how wholesale markets have been revived globally and how such revitalised markets located in city-centres can help develop a dynamic urban environment.
BIRMINGHAM City Council's chief executive has described the issuing of a closure notice on Birmingham Wholesale Markets as a "technicality".
Fears that the Wholesale Markets could be closed, and its sister rag and indoor markets put at risk, surfaced in July.
Cyclical wholesale market development spawns support services 13
Stall-holders across all the city centre markets have been fearing for their future since the collapse of an pounds 80 million deal to relocate the Wholesale Markets planned with the city council and the now defunct Advantage West Midlands.
The Wholesale Markets, Bull Ring Markets and Birmingham Mail have launched a Support our Markets campaign and petition to keep them open.
Figure 4: The key support elements to wholesale market growth 5
Surely some of the money from the sale could be used to help finance a replacement wholesale market, but, then again, our illustrious leader Coun Mike Whitby has probably earmarked the proceeds from the sale on some irrelevant project just to bolster his own ego.
It was at that meeting the retailers were told an pounds 80 million deal to relocate the wholesale markets to Witton had collapsed and all financial backing from the council pulled.
And the Wholesale Market Association, which represents the 94 businesses, has welcomed the council's pledge not to evict them until a new market is built.
With improved wholesale market conditions, rate reductions were passed along March 1, June 1, and September 1.

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