Retail and wholesale trade managers

Retail and wholesale trade managers

NOC
60020

manage and evaluate the operations of establishments that sell merchandise or services on a retail or wholesale basis.

Quick facts

3-Year Outlook

Moderate
Moderate

3-Year Job Openings

1,021
 

Median Hourly Wage

$35.00
$16.15
Low
$67.31
High

Average Salary

$63,200
 

Typically Required

College or apprenticeship

Employed

9,050
 
Job details

Full NOC Description

Retail and wholesale trade managers plan, organize, direct, control and evaluate the operations of establishments that sell merchandise or services on a retail or wholesale basis. They are employed by retail and wholesale sales establishments or they may own and operate their own store.

Main Duties

This group performs some or all of the following duties:
 

  • Plan, direct and evaluate the operations of establishments engaged in wholesale and 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
  • Source and negotiate with vendors when necessary to procure merchandise for resale
  • Develop and implement marketing strategies
  • Plan budgets, authorize expenditures, and monitor revenues
  • Evaluate and improve customer service and respond to customer requests and issues
  • Address staffing requirements, including the hiring, development and retention of staff

Also Known As

  • antique dealer
  • assistant manager - retail
  • automobile repair shop manager
  • bookstore manager
  • car dealership manager
  • cattle dealer
  • clothing store manager
  • department store manager
  • pleasure boat dealer
  • sporting goods store manager
  • store manager - retail
  • supermarket manager
  • variety store manager
Requirements

Employment Requirements

  • Completion of secondary school is required.
  • A university degree or college diploma in business administration or other field related to the product or service being sold may be required.
  • Several years of related retail or wholesale sales experience at increasing levels of responsibility are usually required

Provincial Regulation

Not Provincially Regulated

Employment by Sex

The following graph shows the percentage of men and women working in this occupation in New Brunswick.

Data legend

43.4%
Female
56.6%
Male
Employment by age

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by age group.

Data legend

2.8%
15-24
15.3%
25-34
21.8%
35-44
29.4%
45-54
24.2%
55-64
6.4%
65+
Employment by highest level of education

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by highest level of education achieved.

Data legend

6.4%
No Certificate, Diploma or Degree
43.6%
High School, Diploma or Equivalent
5.9%
Apprenticeship or Trades Certificate or Diploma
25.9%
College or University Below Bachelor Level
18.1%
University - Bachelor Level or Above
Employment by Industry

The following graph shows the industry groups in which the largest shares of persons working in this occupation in New Brunswick are employed. Small percentages for all top three industry groups may suggest employment for this occupation is widely distributed amongst many industry groups.

Data legend

84.9%
Retail trade
12.6%
Wholesale trade
0.5%
Other services (except public administration)
2.0%
All Other Industries
Employment by Economic Regions

The following graph shows the breakdown of all persons employed in this occupation in New Brunswick by which economic region they reside in.

Data legend

17.40%
Northeast
31.70%
Southeast
22.40%
Southwest
18.60%
Central
9.90%
Northwest
Province of New Brunswick Economic Regions

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Annual Average Salary by Economic Regions

The following graph shows the average salary of all persons employed in this occupation in each of New Brunswick’s five economic regions.

Data legend

$55,000
Northeast
$68,700
Southeast
$68,400
Southwest
$59,900
Central
$55,200
Northwest
Province of New Brunswick Economic Regions

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Hourly Median Wages by Economic Regions

The following represents the median hourly wage of all persons employed in this occupation in each of New Brunswick’s five economic regions.

Northeast

$35.00
$16.15
Low
$67.31
High

Southeast

$35.00
$16.15
Low
$67.31
High

Southwest

$32.69
$18.89
Low
$49.52
High

Central

$32.69
$13.75
Low
$62.50
High

Northwest

$35.00
$16.15
Low
$67.31
High
Salary

The following shows the average salary of everyone who worked full-time and year-round in this occupation across each of the Atlantic Provinces and nationally.

New Brunswick

$63,200

Newfoundland

$70,800

Prince Edward Island

$62,300

Nova Scotia

$68,300

Canada

$76,400
Employment Outlook

The following represents the number of job openings that are expected to occur in this occupation over the next three and ten years respectively, broken down by openings expected to result from growth (“new jobs”) and openings expected to result from attrition (death and retirements).

Three Year Outlook

Total Openings: 3-Year

1,021
 

New Jobs: 3-Year

284
 

Retirements/Deaths: 3-Year

737
 

Ten Year Outlook

Total Openings: 10-Year

3,518
 

New Jobs: 10-Year

752
 

Retirements/Deaths: 10-Year

2,764