Gainful Employment Information
Retail Management
Overview
Retail management involves handling day-to-day responsibilities of
running a store and large amounts of money in annual revenue, and overseeing employees.
Retail managers use sophisticated software to take
care of business tasks including:
- Managing budgets
- Scheduling work
- Tracking & ordering products
- Setting prices
- Controlling inventory
- Managing shelf space
- Assessing product profitability
First-line managers supervise retail sales employees and workers in
specialty departments. Responsibilities in managing staff include:
- Training employees
- Scheduling work hours
- Overseeing orders
- Inspection of goods and services
- Reviewing the price of goods
- Measuring the inventory of goods
- Monitoring sales activity
- Creating reports for store managers
This rapidly changing industry sees diversifying inventories as a way of
catering to one-stop shoppers. Employment is found in small and large
retail stores, grocery stores and more.
Program Certificate
Employment Outlook
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