The document discusses retailing and wholesaling. It defines retailing as selling goods or services directly to final customers for personal use, and wholesaling as selling goods and services to those who buy for resale or business use. The key differences between retailers and wholesalers are that wholesalers pay less attention to promotion, atmosphere, and location; have larger transactions and trade areas; and are subject to different government norms. The document also describes various types of retailers, wholesalers, and their roles in marketing logistics.