wholesale

The markets open around 4 a.m. for wholesale buyers and to the general public at 8 a.m.

Revenues from its wholesale and franchise business dropped by 46% to £5.4 million, as it was particularly affected by partners in Italy and Denmark reducing their orders due to tough conditions.

After the sale, Mr. Frommer remained chairman and president of Arthur Frommer International Inc., which included one of the largest wholesale tour operations in the country and eventually the online consumer travel site frommers.com.

Having selected a team so obviously for the present rather than the future against the All Blacks, some quarters were calling for wholesale changes and an infusion of youth.

In that language, Mr. Ramaswamy sees the key to the wholesale elimination of agencies, departments and government functions.