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How much does a person make in retail management?

Updated: 8/16/2019
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9y ago

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The average salary for retail management is between 40,000 and 50,000 dollars a year. This is a difficult, demanding and stressful job. There usually are chances for promotion and advancement.

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 Retail Corportate Management?

Any time you see a retail store in a mall, know that the store has a large corporate office making most of the large decisions. There are smart, savvy people directing that particular store and many others just like it. These are folks who understand how to handle staffing, develop new ideas, put forward marketing plans, and do a host of other things, as well. They balance the budget, improve the bottom line, and handle any public relations problems that might arise. Working in retail corporate management can be a lot of fun for those with the guile to make things happen.Becoming a retail corporate management professionalIf you seek to get involved in retail corporate management, then you will need to take a business track. These jobs are generally reserved for those people who have strong backgrounds in advertising or perhaps even finance. Though the management degree itself might sound good in ideal, a typical B.S. in management from a run of the mill college is not worth a whole lot. You will need a strong set of skills and a background that allows for creativity, as well.What do they make?Retail corporate management professionals can make nice money, depending upon their position on the food chain and their actual corporation. In general, the opening salaries for those in the corporate office are in the $75,000 range, though that can vary depending upon the market. People with extensive experience in one thing or another can command much great salaries. As you move up the ladder to the people making the big decisions, you will notice that salaries are much higher. CEOs, CFOs, and marketing directors all make hundreds of thousands of dollars for a typical retail company.What do they do?The goal of the corporate office is to make the retail company a more profitable and effective company. This might mean that they direct the budget, or it could mean that they develop a new marketing campaign. A retail corporate manager might make the decision to cut down on staff at a few of the locations. These are the tough calls that happen at a corporate office.


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