Retail Manager
$79.01907356948229-$90K
/ year
3-6 years experience
Description
Retail managers are in charge of overseeing the operation of a retail store, including hiring and firing store employees, overseeing inventory, and managing customer service. The responsibilities of a retail manger vary depending on the size of the store. Many times, managers in small stores have a wider range of responsibilities than managers in larger ones. Managers of small stores typically control inventory and set prices; in some cases, they are in charge of deciding when inventory goes on sale. Large retail shops usually have computers track their inventory and do not have much control on pricing or sales; in these cases, it is the manager’s responsibility to ensure that the inventory is priced correctly.Retail managers are in charge of hiring staff, and they are expected to review all job applications and conduct interviews. They also are in charge of securing the store during times store is not in operation. Managers also are responsible for securely storing or depositing store revenue.While no college degree is needed for this position, an associate's or bachelor’s degree may help a store manager acquire necessary skills in business. Previous management and retail experience typically required.
Roles & Responsibilities
As a Retail Manager in the United Arab Emirates with 3-6 years of experience, your main responsibilities include:
- Overseeing daily store operations, ensuring smooth functioning and efficient customer service.
- Managing and motivating a team of sales associates, providing guidance and support to achieve sales targets.
- Monitoring inventory levels, analyzing sales data, and implementing strategies to optimize product availability and minimize stockouts.
- Developing and implementing marketing initiatives to attract and retain customers, including promotions, visual merchandising, and customer loyalty programs.
Qualifications & Work Experience
Retail managers are responsible for managing the operations of a retail establishment which includes the hiring and firing of store employees, directing the inventory and directing customer service. The duties of a retail manager differ based upon the dimensions of the shop. In many cases, managers of smaller stores are able to take on a greater scope of duties than managers of larger ones. Small-sized stores' managers typically manage inventory and decide on prices. In some instances they also have the responsibility of deciding when inventory is put to sale. Retail stores with large sizes typically are equipped with computers to track their inventory but do not have a lot of control over pricing or sales. In the latter case, it's the responsibility of the manager to make sure that inventory prices are set appropriately.
Essential Skills For Retail Manager
1
Sales Strategy
2
Inventory Management
3
Retail Sales
4
Leadership Management
5
People Management
Career Prospects
The role of a Retail Manager is crucial in ensuring smooth operations and driving sales in the retail industry. With 3-6 years of experience in the field, professionals can explore various alternative roles. Here are four options to consider:
- Store Operations Manager: A role that focuses on optimizing store operations, managing staff, and ensuring excellent customer service.
- Merchandising Manager: A position involved in planning and implementing merchandising strategies, analyzing market trends, and optimizing product assortments.
- E-commerce Manager: A role that oversees online sales channels, manages website operations, and implements digital marketing strategies.
- Category Manager: A position responsible for analyzing market data, planning product assortments, and optimizing the performance of specific product categories.
How to Learn
The role of a Retail Manager in the United Arab Emirates (UAE) is expected to experience steady growth in the market. Over the past decade, the job role has seen significant development, aligning with the expansion of the retail sector in the country. According to recent data from Google, the number of employment opportunities for Retail Managers is projected to continue increasing in the future. This growth trend is expected to remain consistent for the next ten years, offering a promising outlook for individuals seeking to pursue a career in this field.