Explore Careers - Job Market Report
Retail trade managers plan, organize, direct, control and evaluate the operations of establishments that sell merchandise or services on a retail basis. Retail trade managers are employed by retail sales establishments or they may own and operate their own store.
antique dealer, assistant manager – retail, bookstore manager, car dealership manager, clothing store manager, department store manager, pleasure boat dealer, service station manager, sporting goods store manager, store manager – retail, supermarket manager, travel agency manager, variety store manager.
- Plan, direct and evaluate the operations of establishments engaged in 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
- Locate, select and procure merchandise for resale
- Develop and implement marketing strategies
- Plan budgets and authorize expenditures
- Resolve customer complaints
- Determine staffing requirements and hire or oversee hiring of staff.
Outlook & Prospects for Retail Trade Managers in Prince Edward Island
The future forecast and current conditions for an occupation can vary based on location or due to changes in the economy, technology, or demand for a product or service.
Local Employment Potential Information
|Location||Employment Potential||Release Date|
|Prince Edward Island||(3 of 3 stars)||2012-03-08|
Employment prospects for retail trade managers are expected to be good in 2012-2013.
This is a large occupational group on PEI. As with most large occupations, there will be frequent job openings due to normal turnover.
There have been a number of advertised job openings in recent years and that is expected to continue. New opportunities are expected as construction continues on two new major retail developments in Charlottetown, the Northcom Business Centre and the Spencer Drive Plaza. These developments are expected to attract a number of new retail establishments to the city in 2012.
Local Labour Market NewsWeek of Feb 24 - Feb 28, 2014
- Cold Stone Creamery will close its two PEI locations on March 31. Tim Hortons Inc. is pulling the ice cream brand from its Canadian restaurants to focus on its core business. Tim Hortons will be making efforts to minimize layoffs.
- Newfoundland and Labrador¿s Jumping Bean Coffee has plans to open two new franchises in PEI
- Walmart plans to open a superstore in Charlottetown as part of a $500M investment to open 35 Canadian superstores and to build, remodel, expand, or relocate existing stores. The expansion is expected to generate 7,500 jobs in Canada, including construction work.
- Sport Chek, a national sporting goods and apparel retailer, is building its first outlet in Summerside at the County Fair Mall. The outlet expects to open on April 24. The company plans to hire 25 to 30 people.
- Sears Canada Inc. has announced a round of layoffs, and will be eliminating 624 workers across Canada. Five employees in PEI have been affected by the cuts.
- O¿Leary Liquor Store has relocated to new premises in the O¿Leary Farmers¿ Co-op building. The newly renovated store opened on January 13.
- PEI's vehicle sales grew by 12.5% over 2012. This was the largest growth in sales of any province in 2013.
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