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The Retail industry is a sector of the economy that is composed of individuals and companies engaged in the selling of finished products to end user consumers.The Retail industry continues to grow. Total retail sales (including motor vehicle and parts sealers) from 1 million retail establishments in the United States surpassed $5 trillion in recent years. In the U.S., the Retail industry employs about 29 million people and supports more than 42 million jobs. Companies include Walmart, Amazon, The Kroger Co., and Costco.
What are common job types in the Retail industry?
Customer Service Representative - A Customer Service Representative processes orders, prepares correspondence, and fulfills customer needs to ensure customer satisfaction. They also may assist with purchases and returns.
Cashier - Cashiers are responsible for processing cash, debit, credit and check transactions using a cash register or other point-of-sale system in a retail environment. Their duties include balancing the cash register, making change, recording purchases, processing returns and scanning items for sale.
Sales Associate - Sales Associates helps customers find merchandise and purchase products in a store. Their duties include ensuring the store is appropriately stocked with merchandise, assisting customers as needed and performing transactions like sales and returns.
Retail Store Manager - Retail Store Managers complete store operational requirements by scheduling and assigning employees; following up on work results, and maintain store staff job results by coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results.
Industrial Maintenance Technician - Industrial Maintenance Technicians install, repair and maintain commercial or industrial machinery in buildings, a plant, or a manufacturing setting. These technicians ensure all machines function properly through troubleshooting and preventative maintenance service.
Equipment Operations Technician - Equipment Operations Technician is expected to set up, install, operate and adjust equipment. They are responsible for the safekeeping of the equipment and maintenance of equipment so that it is always in good working condition.
Industrial Controls Systems Technician - Industrial Controls Systems Technicians revolve around the maintenance and repair of electrical equipment in an industrial setting. Their responsibilities in this career include providing preventive maintenance, working to identify problems with equipment parts or wiring, and making the necessary repairs.
What are the highest paying Retail jobs?
Store Managers and Technicians bring in the highest pay, earning about $70K per year.
What Retail jobs are in demand?
Customer Service Representatives, Cashiers, and Retail Store Managers are in the highest demand in the Retail industry, due to the high volume of workers needed in these occupations.
Why should one start a career in the Retail industry?
A career in the Retail industry offers many benefits. There is a high demand for Retail workers, and the industry is always looking for new talent. A career in the Retail industry also offers the chance to learn many transferable skills, and many of the business, sales, accounting, and marketing experience that you can learn in the Retail industry can help open doors to a wide range of other fields. Lastly, a career in the Retail industry is never dull and offers the chance to have a flexible schedule.
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