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 Manager Tasks
Develop rapport and make connections with the retail team and customers.
Set and track retail goals and objectives.
Manage overall day to day operations of the store, including hiring, reviewing, and employee scheduling.
Assist in planning annual or specific budgets.