Career Description:
Retail is a $2.7 trillion industry that includes
supermarkets, department stores, discount stores, and
clothing stores.
Most of the retail industry’s employees are sales people and
clerks, but
the industry also employs individuals who manage the
transportation,
operations, and finances of retail companies.
Retailers are the middle layer between wholesalers and
consumers. Their
primary function is to sell goods and services at a mark-up
that allows
them to earn a profit and attract repeat business.
Larger discount retailers and specialty retailers are
driving many
smaller "mom and pop" retailers out of the market. Almost
all major
retailers now have websites which allow consumers to
purchase
goods without entering a building.
Labor Trends:
Overall, the Bureau of Labor and Statistics predicts the
following careers will be in high demand: distribution
specialists and
merchandise planners; buyers with product development and
private-label
experience; anyone who understands data-interpretation
technology and
digital systems such as Quick Response, Electronic Data
Interchange, and
POS terminals; and managers with either e-commerce or
overseas marketing
expertise.
Employment of purchasing managers, buyers, purchasing
agents, and sales
supervisors and managers is expected to grow more slowly.
Most job
openings will result from the need to replace workers who
transfer to
other occupations or leave the labor force.
Personal Attributes:
Retail requires creative thinking, flexibility, and
stamina. To succeed in retail sales, workers must be
amiable,
enthusiastic, patient, and able to think on their
feet. They also
need strong communication skills, an ability to work
well with others,
strong product knowledge, and a genuine interest in
the products they
sell.
Required Experience:
There are several courses of study that would help
make someone successful in this career field. Some
suggested courses
are: accounting, marketing, keyboarding, CAD Fashion,
and English.
Working Conditions:
Those starting out in retail typically begin on the
sales floor answering customer questions and learning
about the products
they sell. They often spend long hours on their feet
assisting
customers, answering telephones, and reviewing and
restocking new
inventory.
Sales supervisors and managers typically have offices
within the store
where they complete merchandise orders and arrange
work schedules, but a
large part of their workday is spent on the sales
floor.
Purchasing managers, buyers, and purchasing agents
usually work in
comfortable, well-lighted offices and frequently work
more than 40 hours
a week. Many purchasing professionals also travel
several days a month,
including foreign travel for those who work for
worldwide manufacturing
companies, large retailers, or the fashion industry.
Individuals who desire to work in retail should be
prepared to work
evenings, weekends, and holidays, and to schedule
vacations during the
off-season. Many retailers do not allow employees to
take vacation time
from late November until early January.