Avg. Base Salary (USD)
The average salary for a Retail Store Manager is $62,371
What is the Pay by Experience Level for Retail Store Managers?
An early career Retail Store Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $53,686 based on 7 salaries. A mid-career Retail Store Manager with 5-9 years of experience earns an average total compensation of $55,232 based on 18 salaries. An experienced Retail …Read more
What Do Retail Store Managers Do?
A retail store manager is in charge of overseeing personnel and operations at a retail store. Typically, such stores will specialize in some product offering, although a retail store manager may be hired by department stores to run a section of the larger operation. Retail store managers typically ensure and schedule staff and associates. They train or supervise new hires, interview potential workers, and extend job offers. The manager also ensures that all sales are reconciled daily, with …Read more
- Manage the selection, training and development of staff; ensure monthly sales quota are met.
- Sell the organization's products and/or services to new or established customers; handle and resolve escalated customer complaints and issues.
- Oversee day-to-day retail operations and staff; monitor and prioritize workflow and schedules.
- Manage and stock inventory at specified levels.
FAQs About Retail Store Managers
What is the highest pay for Retail Store Managers?
Our data indicates that the highest pay for a Retail Store Manager is $81k / year
What is the lowest pay for Retail Store Managers?
Our data indicates that the lowest pay for a Retail Store Manager is $49k / year
How can Retail Store Managers increase their salary?
Increasing your pay as a Retail Store Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Retail Store Manager that oversees more junior Retail Store Managers, this experience can increase the likelihood to earn more.