Retail Store Managers play a crucial role in the success of a store. They oversee day-to-day operations, manage staff, and ensure excellent customer service. With this important responsibility comes a competitive salary.
On average, Retail Store Managers earn about $49,248 per year. However, salaries can vary based on experience, location, and the specific store they manage.
For those just starting, salaries may begin around $26,500. As professionals gain experience, they can expect to earn more. Managers with several years in the field can make between $43,000 and $65,000. The most experienced professionals can earn as much as $87,000 annually.
Overall, a career as a Retail Store Manager can be rewarding, both personally and financially. If you are considering this path, it offers solid earning potential along with opportunities for growth and advancement.
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Seattle, WA
Average Salary: $73,027
In Seattle, managing a retail store offers a chance to work with major companies like Amazon and Nordstrom. The city values innovation and customer service, making it exciting to create a welcoming shopping experience.
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Chicago, IL
Average Salary: $60,147
Chicago is a vibrant city with a rich retail scene, home to companies like Walmart and Macy's. Leading a store here means engaging with diverse customers and driving sales in a dynamic environment.
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Bend, OR
Average Salary: $58,942
Bend is known for its outdoor lifestyle and strong community spirit. As a retail store manager, you will connect with customers who appreciate local products and values, contributing to the city’s thriving retail sector.
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Stamford, CT
Average Salary: $58,320
Stamford offers a blend of urban and suburban life, with retailers like Target and Lowe's making a mark here. Managers play a crucial role in enhancing customer experiences and boosting store performance.
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New Haven, CT
Average Salary: $58,217
In New Haven, you will find a mix of local shops and national chains like CVS and Home Depot. Working as a store manager allows you to engage with a diverse customer base, especially in a college town.
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Stockton, CA
Average Salary: $57,149
Stockton features a variety of shopping options, from big-box retailers to local boutiques. As a retail store manager, you guide a team to provide excellent service and meet community needs.
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Boston, MA
Average Salary: $56,926
Boston thrives with historical charm and a bustling retail environment. Managing a store here involves collaborating with well-known brands and interacting with a loyal customer base.
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Rochester, MN
Average Salary: $56,486
Rochester is a growing city with a strong economy, home to retailers like Target and Hy-Vee. Managers have the opportunity to lead teams in a friendly atmosphere, focused on customer satisfaction.
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San Francisco, CA
Average Salary: $56,321
San Francisco’s retail scene is diverse and innovative, featuring companies like Gap and Williams-Sonoma. A retail manager in this city works to create unique shopping experiences in a competitive market.
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Springfield, MA
Average Salary: $56,265
Springfield boasts a mix of large retailers and local shops. As a retail store manager, you will foster relationships with customers, ensuring they receive great service while driving sales.
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TikTok
Average Salary: $178,439
As a Retail Store Manager at TikTok, you manage a dynamic team in a fast-paced environment. TikTok operates in various major cities across the United States, offering great opportunities for growth and creativity in retail.
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Amazon.com
Average Salary: $111,353
Amazon.com provide exciting roles for Retail Store Managers. You will lead teams in innovative fulfillment centers and store locations throughout the country. The focus is on excellent customer service and operational efficiency.
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Aluminum Precision Products
Average Salary: $105,980
At Aluminum Precision Products, Retail Store Managers oversee operations in a specialized environment. The company focuses on delivering quality, and locations are primarily in manufacturing hubs known for high standards.
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Vander Haag's Inc
Average Salary: $97,500
Retail Store Managers at Vander Haag's Inc. play key roles in managing parts and sales from their well-established locations across the Midwest. The company offers a supportive work atmosphere aimed at delivering exceptional customer service.
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gpac
Average Salary: $94,746
Working as a Retail Store Manager for gpac allows you to engage with a diverse range of clients. They operate in multiple states, providing a unique opportunity to develop skills in both management and sales while being part of a growing team.
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Neal Tire & Auto
Average Salary: $90,000
Neal Tire & Auto offers a rewarding experience as a Retail Store Manager. You will handle daily operations and customer interactions at their shops mostly located in the central United States, with an emphasis on automotive services.
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Goodwill Industries of Arkansas
Average Salary: $89,627
Goodwill Industries of Arkansas values community contribution. Retail Store Managers here coordinate and oversee retail locations focused on thrift store operations, serving various Arkansas communities and creating meaningful jobs.
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Prime Roots
Average Salary: $89,143
Prime Roots offers a forward-thinking approach for Retail Store Managers in the plant-based industry. You will manage retail strategies in eco-friendly stores, primarily situated in urban areas promoting healthy living and sustainability.
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Ballard Designs
Average Salary: $88,457
As a Retail Store Manager at Ballard Designs, you will operate in stylish showrooms that highlight home décor. The company serves various metropolitan regions, allowing you to inspire customers with beautiful design solutions.
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Mattress Firm
Average Salary: $86,183
At Mattress Firm, Retail Store Managers lead teams in providing excellent service and guidance on sleep solutions. The company has many locations across the nation, making it a vital player in the retail mattress industry.
As a Retail Store Manager, you hold a key position that can lead to higher earnings. Focus on these important factors to boost your salary and advance your career:
- Improve Sales Performance: Consistently meet or exceed sales targets. Track your store’s performance and find ways to enhance customer experience and drive sales.
- Develop Team Skills: Train and motivate your team. A skilled team will perform better, leading to increased sales. Invest time in their growth and success.
- Enhance Inventory Management: Efficiently manage stock levels to reduce overhead costs. This will improve profitability, making your store more valuable.
- Build Strong Relationships: Network with upper management and other retail professionals. Establishing good relationships can open doors for promotions or higher-paying positions.
- Stay Updated with Trends: Understand retail trends and adapt your strategies. Knowledge about industry changes shows your value to the company, which can lead to raises and promotions.
By focusing on these areas, you can increase your earning potential and pave the way for career advancement as a Retail Store Manager.