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Working Up Through The Retail Industry
By: CareerCast.com
The most readily available jobs in retailing are those that pay the least and have limited upward mobility, primarily because they require fewer skills. However, landing one of those jobs can be an invaluable foothold into the industry. Retail outlets often have a hierarchy that provides greater management opportunities and higher pay as you invest more time in the business, and the number of qualified candidates falls. For example, here are average salary and employment estimates from the Bureau of Labor Statistics for four of the most typical retail industry jobs: Cashiers: $18,500/year median salary; 2.7 million employees Retail Salespersons: ... more
Retailing Today Examines Best Retailers Of 2014
By: CareerCast.com
The retail industry has been studied from a lot of different angles, but we believe the exclusive research contained in this report offers a unique perspective on suppliers’ perceptions of the retail industry overall and their views on business practices of many of the nation’s largest retailers. Retailing Today surveyed 332 supplier company representatives concentrated in the food, consumables, health-and-wellness, beauty, general merchandise and entertainment categories to determine the 10 best employers with which to work in 2014. CONTINUE READING AT RETAILING TODAYmore
Examining The Current Cycle Of Retailing
By: CareerCast.com
Retail innovation cycles last approximately 20 years. As we take a look at retail history, this cycle becomes self-evident. From the general store to department stores to discount stores and so forth, each variety has their day in the sun as the leading channel for most purchases. Today, we’re lucky enough to be living within two powerful cycles simultaneously. But the fun will soon come to an end. In early December, I was engaged on my annual “slash & grab” Christmas shopping excursion. It’s the one day of the year where I aggressively visit a variety of stores and web ... more
Allowing Customers To Negotiate Can Boost E-Commerce Sales
By: CareerCast.com
E-commerce has changed the way consumers purchase products, but until very recently, the basic structure of the transaction and sale itself hadn’t evolved much: People browse for products they want, compare prices across sites, maybe submit a code for a discount coupon if they have one and make a purchase. But a recent development points to a big change on the horizon for ecommerce, and the symptom is the massive sales growth achieved by major retailers who have embraced the new model. The new model is already being used today by top retailers like Sears. It bridges the gap between ... more
Retail Adds To Employment Market Growth
By: CareerCast.com
U.S. employers added 165,000 jobs in April, bringing the official unemployment rate down to 7.5 percent. The retail trade accounted for 29,000 new jobs. Employment has grown by 1.6 percent across the country over the past year, a gain of more than 2 million jobs after seasonal adjustments, according to the Bureau of Labor Statistics. Private-sector job growth alone has been even stronger, up nearly 2 percent. The industries gaining the most jobs were professional and business services, food services and drinking places, retail trade, and health care. CONTINUE READING AT AL.COMmore
Growth Of Online Retail Boomed In 2014
By: CareerCast.com
Retailers expected online sales to hit record levels in 2014 and did they ever. New all-time highs for e-commerce sales are now expected for the November through December time frame following a strong surge in sales during the final week before Christmas, according to the digital measurement firm comScore. U.S. retail e-commerce spending from desktop computers from Nov. 1 through Dec. 21 increased 15 percent to $48.3 billion from $42 billion during the same period the prior year, according to comScore. Much of that volume came during the final week before Christmas (Dec. 15-21) when online sales surged 18 percent ... more
Retail Trends Point To Improved Summer
By: CareerCast.com
An expected post-Easter decline in shopper activity was compounded by unseasonably cold weather last month. Retail foot traffic decreased 10.1 percent in April compared to March 2013, deviating from previous positive month-over-month retail traffic trends. Foot traffic for April 2013 decreased 0.4 percent compared to the same month in 2012. Easter — and all the shopping that goes with it — often falls in the month of April. This year, however, the holiday was in March. Considering the lack of Easter retail activity in April 2013, this year’s shopper traffic results were stronger than last year’s results. On a year-over-year ... more
Rising Employment And Consumer Confidence Fuels Retail Growth
By: CareerCast.com
The United States capped its best year for hiring in 15 years with a healthy gain in December, and growing strength in the retail sector has helped fuel the economic rebound. Spending at retail stores and restaurants rose in November by the most in eight months, an early sign that Americans are spending some of the savings they are enjoying on gas-pump prices. Car sales jumped 6 percent last year to the highest level since 2006, according to Autodata Corp. Analysts forecast that sales will reach 17 million this year, near the record of 17.3 million set in 2000. That ... more
Clothing And Automobiles Fuel Retail Growth
By: CareerCast.com
Lower-priced gas allowed Americans to step up their spending at retailers in April, buying cars, clothes, electronics and appliances. The rebound from a weak March suggests consumers remain resilient in the face of higher taxes and could continue to drive economic growth this spring. Retail sales edged up 0.1 percent in April, the Commerce Department said Monday. That's an improvement from a 0.5 percent decline in March, the largest drop in nine months. The April gain was stronger when taking out the effect of lower gas prices, which reduced sales at gas stations 4.7 percent. The retail sales report is ... more
Tips For Advancing Your Retail Career
By: CareerCast.com
The retail space offers a variety of opportunities for job seekers, from working the register to merchandising and corporate roles. So how do you make your way up the ladder, particularly when you start on the sales floor? Apploi, a mobile tool for job seekers and employers, sat down with Phil Hendrickson, who has work experience at impressive companies like Apple and Starbucks, to discuss how to grow a retail career. READ MORE AT MASHABLEmore