£7,280 Average salary at age 20
£38,480 Average Salary
38 Average hours per week

Description

Retail and wholesale managers and directors plan, organise, direct and co-ordinate the operations of major retail and wholesale establishments in order to maximise business performance and meet financial goals.

Main Tasks

  • Appoints staff, assigns tasks and monitors and reviews staff performance;
  • Liaises with other staff to provide information about merchandise, special promotions etc. to customers;
  • Ensures that adequate reserves of merchandise are held and that stock keeping is carried out efficiently;
  • Ensures customer complaints and queries regarding sales and service are appropriately handled;
  • Oversees the maintenance of financial and other records and controls security arrangements for the premises;
  • Authorises payment for supplies received and decides on vending price, discount rates and credit terms;
  • Examines quality of merchandise and ensures that effective use is made of advertising and display facilities.

Qualifications

Entry requirements vary from company to company. Entrants may possess GCSEs/S grades, A levels/H grades, GNVQs/GSVQs, a BTEC/SQA award, a degree or equivalent qualification. Entry is also possible through promotion after gaining sufficient experience. NVQs/SVQs in Retail Operations are available at Level 4.

What Managers and directors in retail and wholesale studied in higher education

A text alternative for this canvas pie chart is provided in the data table below
What Managers and directors in retail and wholesale studied in higher education
Occupation Percentage Value
(L7) Human & social geography2
(G1) Mathematics1
(W2) Design studies7
(L3) Sociology3
(C1) Biology1
(H3) Mechanical engineering1
(C8) Psychology4
(W1) Fine art1
(F7) Science of aquatic & terrestrial environments1
(W3) Music1
(F8) Physical geographical sciences1
(W6) Cinematics & photography1
(C7) Molecular biology, biophysics & biochemistry1
(Q3) English studies3
(L2) Politics2
(R1) French studies1
(N5) Marketing3
(W4) Drama2
(M1) Law by area2
(M2) Law by topic2
(I2) Information systems1
(N8) Hospitality, leisure, sport, tourism & transport3
(B9) Others in subjects allied to medicine1
(P5) Journalism1
(F4) Forensic & archaeological sciences1
(V5) Philosophy1
(L1) Economics1
(N1) Business studies13
(X3) Academic studies in education2
(L5) Social work1
(V6) Theology & religious studies1
(X1) Training teachers1
(N4) Accounting2
(C6) Sport & exercise science5
(P3) Media studies2
(N2) Management studies8
(V1) History by period3
(N3) Finance1
(H6) Electronic & electrical engineering1
(I1) Computer science2

UK Prospects

309100 Workforce Size
3.42% Predicted growth 2024 - 2027
47517 Predicted Replacement 2024 - 2027

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