Retail and Wholesale Trade Managers

National Occupational Classification (NOC): 60020

Fast Facts

  • Average Pay: N/A
  • Future Growth: N/A
  • Skill Level: N/A
  • Employment Size: N/A
  • Unemployment: N/A
  • Full-time Share: N/A

Sample Job Titles

  • Antique dealer
  • Assistant manager – retail
  • Automobile repair shop manager
  • Bakery department manager
  • Bookstore manager
  • Car dealership manager
  • Clothing store manager
  • Department store manager
  • Manager - retail store chain
  • Service station manager
  • Sporting goods store manager
  • Wholesaler


What do retail and wholesale trade managers do?

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.

Retail and wholesale trade managers perform 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

Source: National Occupational Classification (NOC) 2021, Employment and Social Development Canada

 

Retail and wholesale trade managers work in many subsectors (NAICS) in Newfoundland and Labrador, including:

  • 445   Food and beverage stores
  • 441   Motor vehicle and parts dealers
  • 452   General merchandise stores
  • 448   Clothing and clothing accessories stores
  • 444   Building material and garden equipment and supplies dealers
  • 447   Gasoline stations
  • 446   Health and personal care stores
  • 453   Miscellaneous store retailers
  • 451   Sporting goods, hobby, book and music stores

Source: Census 2021, Statistics Canada

 

Short and Long Term Occupational Projections

Short Term Projections for 2023-2025

The employment outlook will be moderate for retail and wholesale trade managers in Newfoundland and Labrador (rating of 3 out of 5) for the 2023-2025 period.

Source: Job Bank, Government of Canada

 

Long Term Projections for 2023-2032

The outlook for retail and wholesale trade managers is forecast to be tightening (rating of 3.3 out of 4) over the next several years, meaning new labour supply will be required to meet anticipated job openings.

Source: Department of Finance, Occupation Projections (Summer 2023)

 

Number of Job Postings in 2023

During 2023, there were 820 public job postings for this occupation, with the following distribution:

Avalon:  54% Western:  18%
Eastern:  9% Labrador:  9%
Central:  11% NL-unspecified:  0%

Source: Lightcast (note: data used in this analysis reflects new unique monthly postings which are totaled for the calendar year)



Who works as retail and wholesale trade managers in Newfoundland and Labrador?

During the reference week of May 2021, there were approximately 5,060 people working in this occupation in Newfoundland and Labrador. 52% of those employed were Male+ and 48% of those employed were Female+.

Here is the age group breakdown for this group of workers:

15 to 24 25 to 54 55 to 64 65+
3% 66% 24% 7%

Source: Census 2021, Statistics Canada

 

How much do retail and wholesale trade managers make?

Annual Earnings

The median employment income for all retail and wholesale trade managers in the reference year 2020 (5,280 workers in total, including those working part-time and full-time, as well as part-year and full-year) was $49,200.

Source: Census 2021, Statistics Canada

 

Hourly Earnings

Salary information for retail and wholesale trade managers in Newfoundland and Labrador is as follows:

Low ($/hour) Median ($/hour) High ($/hour)
Newfoundland and Labrador $15.38 $25.48 $53.33

 

The following low, median, and high wages are for Canada:

Low ($/hour) Median ($/hour) High ($/hour)
$20.00 $37.74 $76.92

Source: Job Bank, Government of Canada

 

Most Frequently Sought Skills from Job Postings (2023)

  • Merchandising
  • Retail Operations
  • Inventory Control
  • Inventory Management
  • Marketing
  • Loss Prevention
  • Retail Management
  • Visual Merchandising
  • Product Knowledge
  • Selling Techniques

Source:  Lightcast



What training is required?

  • 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
  • There is some mobility between managers in this unit group, depending on the product or service.

Source: National Occupational Classification (NOC) 2021, Employment and Social Development Canada

* Find public and private education, training and skills development opportunities in Newfoundland and Labrador here.