Jun 14, 2022 | Business Appraiser, Footwear Wholesale, Wholesale Trade
Footwear wholesalers are the middleman between shoe manufacturers and retail companies. Unfortunately, over the last five years, manufacturers began bypassing wholesalers to cut costs. While going straight to the retailers helped manufacturers, it hurt the footwear...
Jun 7, 2022 | Auto Parts Wholesale, Business Appraiser, Wholesale Trade
The auto parts wholesaling industry was significantly impacted by the Covid-19 pandemic. As consumers’ needs for driving decreased, so did automobile sales. While 2020 was a tough year, 2021 increased revenue by 5.31%. Another difficult demand for this industry...
May 17, 2022 | Business Appraiser, Wholesale Trade
Demand for wholesale products greatly depends on the performance of the economy. Part of this is because the wholesale trade industry is affected by the price of commodities. These commodities can include oil, cotton, steel, lumber, etc… When these prices fluctuate,...
May 10, 2022 | Business Appraiser, Value Drivers, Wholesale Trade
Wholesale trade is the middleman between manufacturers and consumers. They are made up of 3 product segmentations; durable and nondurable goods, wholesale trade agents, and brokers. Wholesale trade was no stranger to the effects of Covid-19. They experienced an...