Work and Activities
- Retail Managers are responsible for a number of activities, although some of it may vary depending upon the kind of store he works in.
- The manager is responsible for managing the store and the employees in the store and motivates them to perform better for the profitability of the store.
- He/she analyzes sale figures which help him / her forecast the future sales of the store. He/she regulates stock.
- The employees are answerable to them, and they responsible for taking care of them and their grievances.
- They interview and shortlist potential candidates for appropriate job positions for the benefit of the store.
- They appropriately respond to customers’ suggestion and complaints.
- They also look into reviewing the performance of all the employees, their promotion, and appraisal and also firing.
- They are responsible for conducting training programs for employees to increase their efficiency and performance.
- They should also conduct various promotional events by including the local newspaper to get the required media hype and also involve schools and ladies clubs at those events.
- They should take rounds of the store and interact with the colleagues and customers by which he can resolve urgent issues.
- They should constantly implement changes according to the requirement of the market and for the benefit of the store, for instance can convert it into a 24 hours functioning store if the market demands it for the profitability and growth of the store.
- They are indirectly responsible for the visual display of the store and all promotional advertisements have to have consent of the manager.
To apply for the post of a retail manager the individual should be minimum graduate for acquiring jobs at smaller stores, but for big chains such as Wal-Mart, etc. one needs to have a management degree preferably in Retail Management. The applicant should have computer proficiency and excellent communicative skills. He/ She should have the ability to manage a team and should be organized.
Career and Employment
According to a census the employment opportunities for a Retail Manager are expected to grow up to 3% to 6% from the year 2002 to 20012. Candidates who have a retail experience are more sought after. The candidates can begin their career as a retail sales associate and learn the intricacies of managing a retail store. He can gradually rise up the success ladder to become an Associate Manager to a Retail Store manager.