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A retail department sells the products and services of a company. They are the face of the company, what consumers first encounter.

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Hourly wage for department managers?

The hourly wage for most department managers in retail is 10 to 12 dollars an hour. Department managers in large corporations may make 50,000 to 60,000 dollars a year or more.


Who founded Ross department stores?

Stuart G. Moldaw of Atherton, a retail pioneer who founded Ross Stores.


Why do tesco have a finace department?

Tesco has a finance department to manage its financial resources effectively, ensuring the company's profitability and sustainability. This department handles budgeting, forecasting, financial reporting, and analysis, which are essential for informed decision-making. Additionally, it oversees compliance with financial regulations and helps in strategic planning, allowing Tesco to remain competitive in the retail market. Overall, the finance department plays a crucial role in maintaining the financial health of the organization.


What are the Different departments in a Bank?

The departments are retail banking, loan servicing, wealth management, investment banking, deposit operations, wire transfer operations, cash management, electronic banking, commercial banking and mortgage banking. There are also the investment department, loan department, real estate, treasury, cash vault, and teller area.


what are the different departments of a bank and their functions?

Banks typically have several key departments, including: Retail Banking: This department serves individual customers, offering services like savings accounts, loans, and mortgages. Corporate Banking: Focused on businesses, this department provides services such as commercial loans, treasury management, and investment banking. Investment Banking: It assists companies in raising capital, mergers and acquisitions, and financial advisory services. Risk Management: This department assesses and mitigates risks associated with lending, investment, and regulatory compliance. Each department plays a crucial role in the overall functioning and profitability of the bank.

Related Questions

Is there a difference between a retail store and a department store?

There is little difference between a retail store and a department store. A retail store offers many brands and products designed as a single store. A department store is normally one brand or company but may be a part of a larger retail establishment such as a mall.


Where does a retail buyer work?

well most retail workers work in a department store.


On average do jobs in Orlando pay well in the retail department?

Average Converse Retail Department Manager salaries for job postings in Orlando, FL are 13% lower than average Converse Retail Department Manager salaries for job postings nationwide


Which one is a department store?

What is retail sale?


What is product hierarchy in retail?

In general, Retail Industry - any Product can be defined in multiple ways ( hierarchy ) * Department * Sub-department * Class * Commodity * Sub-commodity


What type of retail store has the highest labor costs?

Department stores.


What has the author Stanley Ferdinand Teele written?

Stanley Ferdinand Teele has written: 'Department leasing in department stores' -- subject(s): Department stores, Retail trade


The American retail chain Kohl's is headquartered in what state?

The American retail chain Kohl's is a large chain of department stores. They are the fourth largest department store chain in America. It's headquarters are based in Menomonee Falls, Wisconsin.


What has the author Edwin A Godley written?

Edwin A. Godley has written: 'Control of retail store operations' -- subject(s): Department stores, Retail trade


Where is First Choice retail accounts department situated?

Its actually located in Crawley, Sussex


How it improves the efficiency of all the department in retail?

Can you tell us what IT refers to and we can help you more..............


What is the Difference between retail and retail marketing?

Retail Marketing consists of the sale of goods or merchandise from a fixed location, such as a department store. Marketing is everything you do to place your product or service in the hands of potential customers.