Retail and Wholesale Trade Managers
(NOC 0621)
in All ManagementRetail and wholesale trade managers plan, organize, direct, control and evaluate the operations of companies that sell merchandise or services on a retail or wholesale basis. Retail and wholesale trade managers work for retail and wholesale sales companies or they may own and operate their own store.
Job Outlook
Average
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Compared to: All Management
The employment outlook over the next few years for this occupational group is “average”, which indicates the chances of a qualified individual finding work is comparable to the average for all occupations in Nova Scotia. This is a fairly large occupation in Nova Scotia so job opportunities occur fairly regularly. The number employed in this occupation is expected to decline slightly over the next few years, which may affect the number of new opportunities available. With a moderate percent of workers being 55 years of age and older, retirements are expected to contribute somewhat to employment opportunities over the coming years. Retail and Wholesale Trade Managers most commonly work full-time hours. Also, a fair portion of the workforce is self-employed, so having the option to "work for yourself" may appeal to some individuals’ interests/motivations.
The median employment income for 78% of Retail and Wholesale Trade Managers who worked full-time, year-round in 2015 was $44,204. Across all occupations in Nova Scotia, 59% of those who worked full-time year round had a median employment income of $43,600.
(Source: 2016 Census)
Hourly Pay
$13.00
Minimum$28.85
Median$52.88
MaximumAnnual Pay
$10,927
Minimum$40,825
Median$93,062
MaximumCompared to: All Management
Hourly Pay
$16.70
Minimum$45.17
Median$58.17
MaximumAnnual Pay
$10,632
Minimum$55,002
Median$124,014
MaximumAbout the job
Nature of work
Retail and wholesale trade managers plan, organize, direct, control and evaluate the operations of companies that sell merchandise or services on a retail or wholesale basis. Retail and wholesale trade managers work for retail and wholesale sales companies or they may own and operate their own store.
Job duties
Retail and wholesale trade managers:
- Manage the operations of businesses involved in wholesale and retail sales or of departments in such companies.
- Manage staff and assign duties.
- Study market research and trends to determine customer demand, potential sales volumes and effect of competitors' operations on sales.
- Determine merchandise and services to be sold and implement price and credit policies.
- Locate, select and buy stock for resale.
- Develop and implement marketing strategies.
- Plan budgets and approve expenses.
- Settle customer complaints.
- Determine staffing requirements and hire or oversee hiring of staff.
Sample job titles
- assistant manager
- car dealership manager
- customer service manager
- department store manager
- management trainee - retail
- retail sales manager
- retail store owner
- supermarket manager
- wholesale establishment manager
Skills
You need good organizational and managerial skills. Knowledge of your product and its markets is essential. An ability to work under pressure is important. You must be decisive. You need to work well with others. Effective spoken and written communication skills are important.
Job requirements
- High school is needed.
- May need a university degree or college diploma in business administration or other field related to the product or service being sold.
Other considerations
Several years of related retail sales experience at increasing levels of responsibility are usually necessary. There is some movement between managers in this group, depending on the product or service. They often work long hours including evenings and weekends.
By the numbers
Quick look
employed in 2016
employed full-time
self employed
median age
Compared to: All Management
employed in 2016
employed full-time
self employed
median age
Where will I likely work?
Halifax
North Shore
Annapolis Valley
Southern
Cape Breton
Compared to: All NS Occupations
Halifax
North Shore
Annapolis Valley
Cape Breton
Southern
Top Industries of Employment
Retail trade
Wholesale trade
Other services (except public administration)
Real estate and rental and leasing
Administrative and support, waste management and remediation services
What is the age of Employment?
45-54
35-44
55-64
25-34
65+
15-24
Compared to: All Management
45-54
35-44
55-64
25-34
65+
Top levels of education
High school
$39,840 median annual incomeCollege certificate or diploma
$39,379 median annual incomeBachelor's degree
$46,932 median annual incomeLess than high school
$35,489 median annual incomeTrades certificate
$44,821 median annual incomeCompared to: All Management
Bachelor's degree
$71,875 median annual incomeHigh school
$42,294 median annual incomeCollege certificate or diploma
$50,256 median annual incomeMaster's degree
$93,261 median annual incomeTrades certificate
$44,396 median annual incomeEducation & training
Adult high school/secondary diploma programs
This program is typically offered at the high school level.The Nova Scotia School for Adult Learning (NSSAL) administers, coordinates, and supports the development and delivery of adult education programs through learning partners in Nova Scotia. Our learning partners include the Nova Scotia Community College, Adult High Schools, Université Sainte-Anne, and community-based learning organizations that offer tuition-free programming across the province. NSSAL offers clear, accessible pathways from adult basic education to a high school credential or GED, empowering Nova Scotians to achieve their learning and employment goals.
Institutions providing this program
Siège Social: 1695, Route 1
Pointe-de-l'Église, NS B0W 1M0
(902) 769-2114
PO Box 220
Halifax, NS B3J 2M4
(866) 679-6722
Various, NS
Various, NS
Business administration and management - General
This program may be offered at the college, trades, or university level.This instructional program class includes any program that generally prepares individuals to plan, organize, direct, and control the functions and processes of a firm or organization. These programs include courses in management theory, human resources management and behaviour, accounting and other quantitative methods, purchasing and logistics, organization and production, marketing, and business decision-making.
Institutions providing this program
800 Sackville Drive
Lower Sackville, NS B4E 1R8
(902) 463-6700
6960 Mumford Road, Suite 155-1st Floor Mumford Professional Centre
Halifax, NS B3L 4P1
(902) 455-3395
Office of the Registrar
Halifax, NS B3H 4R2
(902) 494-2450
166 Bedford Highway
Halifax, NS B3M 2J6
(902) 457-6117
Siège Social: 1695, Route 1
Pointe-de-l'Église, NS B0W 1M0
(902) 769-2114
PO Box 5000
Antigonish, NS B2G 2W5
(902) 867-2219
923 Robie Street
Halifax, NS B3H 3C3
(902) 420-5400
PO Box 5300 1250 Grand Lake Road
Sydney, NS B1P 6L2
(888) 959-9995
PO Box 550, 1 Main Street
Springhill, NS B0M 1X0
(902) 597-3737
372 Pleasant Street
Yarmouth, NS B5A 2L2
(902) 742-3501
236 Belcher Street
Kentville, NS B4N 0A6
(902) 678-7341
75 High Street
Bridgewater, NS B4V 1V8
(902) 543-4608
PO Box 820, 39 Acadia Avenue
Stellarton, NS B0K 1S0
(902) 752-2002
226 Reeves Street
Port Hawkesbury, NS B9A 2A2
(902) 625-2380
PO Box 1042, 1240 Grand Lake Road
Sydney, NS B1P 6J7
(902) 563-2450
36 Arthur Street
Truro, NS B2N 1X5
(902) 893-5385
80 Mawiomi Place
Dartmouth, NS B2Y 0A5
(902) 491-1100
Unit 37, 115 Chain Lake Drive
Halifax, NS B3S 1B3
(877) 491-6774
Business administration, management and operations - Other
This program may be offered at the college, trades, or university level.This instructional program class includes any program not listed above that relates to Business Administration, Management and Operations.
Institutions providing this program
Office of the Registrar
Halifax, NS B3H 4R2
(902) 494-2450
Business/commerce - General
This program may be offered at the college, trades, or university level.This instructional program class includes any program that focuses on the general study of business, including the processes of interchanging goods and services (buying, selling and producing), business organization, and accounting as used in profit-making and non-profit public and private institutions and agencies. The program prepares individuals to apply business principles and techniques in various occupational settings.
Institutions providing this program
Office of the Registrar
Halifax, NS B3H 4R2
(902) 494-2450
6350 Coburg Road
Halifax, NS B3H 2A1
(902) 422-1271
Siège Social: 1695, Route 1
Pointe-de-l'Église, NS B0W 1M0
(902) 769-2114
923 Robie Street
Halifax, NS B3H 3C3
(902) 420-5400
PO Box 5300 1250 Grand Lake Road
Sydney, NS B1P 6L2
(888) 959-9995
Organizational leadership
This program is typically offered at the college or university level.This instructional program class includes any program that focuses on leadership skills that can be applied to a business, government, non-profit, or educational setting. These programs include courses in organizational planning, dynamics of leadership, finance, team building, conflict resolution and mediation, communication and other management skills.
Institutions providing this program
Office of the Registrar
Halifax, NS B3H 4R2
(902) 494-2450
PO Box 5000
Antigonish, NS B2G 2W5
(902) 867-2219
Employment requirements & contacts
No regulating bodies were found under this occupation profile
Contacts
Additional resources
There are no additional resources for this occupation.