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Home » Career Mentor » Retail Managers
Career Mentor Details of "Retail Managers"

Name of The Profession

Retail Managers

Who is a Retail Managers and what does he/she do?

Retail Managers deal with maintaining the supply chain across the retail industry. Their prime responsibilities include managing retail stores such as inventory and manpower management, effective operations of the supply chain etc. This role primarily focuses on the network of dealers and buyers across the value chain in the retail industry.

Apart from the marketing and support responsibilities, retail managers are in turn required to develop strategies for sales forecast and resolving legal, analyzing sales figures and estimating sales forecast, health and security issues across the organization. Retail managers must maintain awareness about the various trends on the retail industry on a daily basis. This can be achieved by closely monitoring consumer feedback and following the competitors in the market.

Qualifications Required

A master’s or a Ph. D. degree in subjects such as Retail Management is advised.

Where can I go and study to become a Retail Managers?

       India
  • Mudra Institute of Communications, Ahmedabad.
  • Indian Institute of Retail, New Delhi.
  • The Retail Academy, Ahmedabad.
  • RPG Institute of Retail Management, Dr.Annie Besant Road, Worli, Mumbai 400 025.
  • SP Jain Institute of Management and Research, Mumbai.
  • Birla Institute of Management Technology, New Delhi.
  • K J Somaiya Institute of Management Studies & Research, Mumbai.

       UK

  • Milton Keynes College.
  • Amersham and Wycombe College.
  • Furness College.
  • Blackburn College.
  • Grimsby Institute of Further and Higher Education.

      Singapore

  • SP Jain Center of management.
  • Nanyang Academy of Fine Arts.
  • Singapore Polytechnic.
  • Raffles Merchandising School.
       USA
  • University of Arkansas – Walton Business School Center for Retailing Excellence.
  • University of Arizona – Terry J. Lundgren Center.
  • University of Florida, Warrington Business College – David F. Miller Center for Retailing Education and Research.
  • Texas A and M Center for Retailing Studies.
  • University of Pennsylvania/Wharton School – Jay H. Baker Retailing Initiative.

Where can I work as a Retail Managers?

  • Retail super market chains
  • Manufacturing companies
  • Private and public sector companies

Potential earning capacity per annum:

Retail Manager’s salary package could be somewhere between if,
  • Retail Sales Person: rs symbol 60,000 to 1.2 Lac p.a. (Approx).
  • Retail Manager: rs symbol 3 to 6 Lac p.a. (Approx).
  • Area Head: rs symbol 5 to 10 Lac p.a. (Approx).
 
 
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