FLT 0.12% $17.00 flight centre travel group limited

Flight Centre is converting itself from Agent to Retailer. I...

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    Flight Centre is converting itself from Agent to Retailer.
    I searched around, but couldn't find the exact differences.
    No matter agent or retailer, Flight centre is always selling other companies' products.
    Flight Centre doesn't own hotels, airlines, car rent etc. So what is the difference between Travel Retail and Travel Agent?
 
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