Retail and wholesale buyers

Retail and wholesale buyers

NOC
6222

Buy merchandise for resale and are usually responsible for merchandising operations of retail or wholesale establishments.

Quick facts

3 Year Outlook

Fair
Fair

3 Year Job Openings

68
 

Median Hourly Wage

$21.63
$14.42
Low
$29.33
High

Median Salary

$24,099
 

Typically Required

College or apprenticeship

Employed

682
 

% Working Full Time

67%
 

% Working Full Year

71%
 
Job details

Full NOC Description

Retail and wholesale buyers buy merchandise for resale by retail or wholesale establishments and are usually responsible for the merchandising operations of retail or wholesale establishments. Retail and wholesale buyers who are supervisors and those who are assistants are included in this unit group.

Main Duties

Retail and wholesale buyers perform some or all of the following duties:

  • Purchase merchandise for resale by retail or wholesale establishments
  • Review requirements of establishment and determine quantity and type of merchandise to purchase
  • Study market reports, trade periodicals and sales promotion materials and visit trade shows, showrooms, factories and product design events
  • Select the merchandise which best fits the establishment's requirements
  • Interview suppliers and negotiate prices, discounts, credit terms and transportation arrangements
  • Oversee distribution of merchandise to outlets and maintain adequate stock levels
  • Establish and maintain contact with suppliers
  • May supervise the work of other retail buyers.

Retail and wholesale buyers may specialize in a particular merchandise line.

Also Known As

  • appliance buyer
  • assistant buyer
  • beverage taster and buyer
  • buyer - retail
  • buyer - wholesale
  • chief buyer
  • clothing buyer
  • food buyer
  • produce buyer
Requirements

Employment Requirements

  • Completion of secondary school is required.
  • A university degree or college diploma in business, marketing or a related program is usually required.
  • Previous work experience in retail or wholesale establishments is usually required.
  • Supervisors and senior buyers require experience in the occupation supervised or in a particular merchandise line.

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

56.2%
Female
43.8%
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

10.2%
15-24
13.9%
25-34
19.7%
35-44
24.8%
45-54
21.9%
55-64
9.5%
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

13.1%
No Certificate, Diploma or Degree
44.5%
High School, Diploma or Equivalent
4.4%
Apprenticeship or Trades Certificate or Diploma
24.8%
College or University Below Bachelor Level
13.1%
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

54.1%
Retail trade
16.3%
Wholesale trade
15.6%
Manufacturing
14.1%
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

10.30%
Northeast
22.80%
Southeast
36.00%
Southwest
25.70%
Central
5.10%
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 Median Salary by Economic Regions

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

Data legend

$23,176
Northeast
$23,703
Southeast
$29,382
Southwest
$22,556
Central
$31,808
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.

No Data Available
Salary

This following represents the median salary of all persons employed in this occupation compared to the median salary of workers employed in this occupation that work full-time year-round.

All Workers Employed in this Occupation

$24,099

Workers Employed Full-time, Full-year

$35,848

This following represents the median salary of persons employed in this occupation across each of the Atlantic Provinces and nationally.

New Brunswick

$24,099

Newfoundland

$29,388

Prince Edward Island

$18,931

Nova Scotia

$25,142

Canada

$31,052
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

68
 

New Jobs: 3 Year

-2
 

Retirements/Deaths: 3 Year

69
 

Ten Year Outlook

Total Openings: 10 Year

237
 

New Jobs: 10 Year

3
 

Retirements/Deaths: 10 Year

233