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 Annapolis Valley Region
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|
|Annapolis Valley Region||(3 of 3 stars)||2011-10-25|
Currently the chances of qualified Retail Trade Managers finding employment are considered to be good in the local area. The main reason why the employment potential is Good in the local area is the result of a large number of potential employers and a significant level of retail expansion particularly pertaining to big box stores. In late 2008 a new Home Depot opened with significant employment numbers and a new Winners, Hampton House, Pharmasave, Hart department Store, Future Shop, and Michael's have all opened between 2009 and 2010. Demand was also evidenced by a significant and increasing number of advertised job openings from 2007-2010 as compared to previous years. The switch in legislation in late 2006 to allow Sunday shopping also created some additional demand at the supervisory level.
Though there is a large supply of potential labour, the introduction of contact centres to the local area with higher wages has slightly decreased the potential labour supply of retail workers including managers. The retail sector generally has a high incidence of part-time workers even at the managerial level where assistant managers are also included in this occupational group. Most of the retail jobs are within the Coldbrook-Wolfville corridor, which serves as the main trade center in the valley while Windsor and Kingston/Greenwood serve as secondary sources due to proximity to the larger populations in Halifax and at CFB Greenwood.
In addition to employment opportunities locally, opportunities may exist in other areas of the province or in other regions of the country. People who are able to work elsewhere may want to research opportunities for this occupation in other labour markets within Nova Scotia and across the country. The future employment outlook for Retail Trade Managers in Nova Scotia is expected to be good over the next 5 years.
Additional information on Retail Trade Managers (opportunities in other areas, training, who hires, current job openings, statistics and other information), is available on other parts of this web site.
Local Labour Market NewsWeek of Jun 09 - Jun 13, 2014
- Sparrows Nest, an antiques, art and collectables shop featuring Nova Scotia-made furniture, has opened in New Minas
- Wools on the Corner, featuring wool and crafts, has opened on Queen Street in Bridgetown. It is the third craft business to open on the same street corner, and the second in the last few months.
- Firefly Makery, a craft products and supplies business that will also offer classes and courses, has opened in Bridgetown
- The Trail Shop, an outdoor equipment business, will close out its Wolfville location at the end of the month
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