Explore Careers - Job Market Report
Retail trade managers plan, organize, direct, control and evaluate the operations of establishments that sell merchandise or services on a retail basis. Retail trade managers are employed by retail sales establishments or they may own and operate their own store.
antique dealer, assistant manager – retail, bookstore manager, car dealership manager, clothing store manager, department store manager, pleasure boat dealer, service station manager, sporting goods store manager, store manager – retail, supermarket manager, travel agency manager, variety store manager.
- Plan, direct and evaluate the operations of establishments engaged in retail sales or of departments in such establishments
- Manage staff and assign duties
- Study market research and trends to determine consumer 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 procure merchandise for resale
- Develop and implement marketing strategies
- Plan budgets and authorize expenditures
- Resolve customer complaints
- Determine staffing requirements and hire or oversee hiring of staff.
Outlook & Prospects for Retail Trade Managers in Prince Edward Island
The future forecast and current conditions for an occupation can vary based on location or due to changes in the economy, technology, or demand for a product or service.
Local Employment Potential Information
|Location||Employment Potential||Release Date|
|Prince Edward Island||(3 of 3 stars)||2014-05-02|
For the 2013-2015 projection period, employment opportunities will be good for Retail Trade Managers (NOC 0621) in Prince Edward Island. Compared with all other occupations, this occupation is expected to experience stronger employment growth, which will generate new job opportunities. In addition, there should be proportionately fewer unemployed workers with experience in this occupation to compete for available jobs.A significant number of jobs are also expected to become available due to greater than average turnover in this occupation.
According to the 2011 National Household Survey, the average age for this occupation in Prince Edward Island was 45 years and 23% of workers were 55 years old and older. Also, according to the Labour Force Survey, approximately 1,500 people worked in this occupation in 2013.
Local Labour Market NewsWeek of Jul 21 - Jul 25, 2014
- Herbal Magic will be closing two of its stores in PEI due to the sale of the company. Charlottetown and Summerside centres will shut down within the next week. Each store employed two people.
- According to the Department of Tourism and Culture, traffic on the Confederation Bridge was up by 9.2% in the month of May, compared to May 2013. The number of rooms sold was up by 8.1%, and the Charlottetown airport had a 3.5% increase in passengers.
- Due to a shortage of lifeguards on PEI, Red Point Provincial Park will not have any supervised lifeguard services this summer and lifeguards will only be on duty at Cabot Park from Thursdays to Sundays through the summer
- The provincial government will be introducing a water act that will provide sustainable management of water resources in PEI
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