Walmart is an American international supermarket corporation with headquarters in Bentonville, Arkansas. It runs a network of hypermarkets, discount department stores, and grocery stores. This company was founded in 1962 by Sam Walton.
Walmart is the largest revenue-based company in the world, with $514.405 billion, according to the 2019 Fortune Global 500 list. It is also the world’s largest private employer, employing 2.2 million people. Further, it is a publicly-traded family-owned business since the Walton family controls the company.
Numerous studies have been conducted on Walmart’s economic impact on small towns, local businesses, employment, and taxpayers. In one study by Kenneth Stone, an economics professor at Iowa State University, found that, within ten years of a Walmart store opening, some small towns would lose nearly half of their retail trade. Do you want to work as a manager for Walmart? Here is some information you need to know.Â
Photo credit: cdn.corporate.walmart.comWalmart Is Flexible When It Comes To Jobs
Walmart reports that over the last three years, it has increased its starting wages in the U.S. by more than 50%. Also, more than 75% of members of the Walmart U.S. retail operations management team began as hourly workers. According to the study, it provides its employees with two structured training programs in U.S. markets.
According to Walmart’s website, shop managers’ job requirements include years of experience in overseeing a number of partners, as well as financial management experience. For example, an open position for a store manager in Dearborn, Michigan, requires qualifications including a bachelor’s degree and two years of experience in general management.
Training And Certifications
Managers in retail stores most often earn their positions by advancing from a lower-level retail position. Working closely with a retail manager while working a job at a lower level can help a candidate learn the basics of running a retail store. Retail store managers also oversee a retail store’s separate departments before taking up a position as the store manager.
Certifications are optional, but it is better to have some as well. Retail store managers can get certified to increase their earning capacity or become more competitive when applying for new management positions.
The Retail Management Certificate (RMC) is the most common certificate that retail store managers are seeking. It is an accredited business program that can be completed in one year. It provides retail store managers with an academic perspective on their position in the retail sector. The program also offers problem-solving and workforce management strategies for retail store managers.
Skills And Responsibilities
Retail store managers are charged with overseeing each store department and ensuring that every employee performs well in their role. Leadership skills help a retail store manager keep their store’s morale high and keep a store’s individual departments effectively running during busy or challenging times.
A retail store manager often uses a variety of communication skills to provide answers to customers and staff, resolve conflicts, and share information. An effective retail store manager can tailor their communication style to the situation and understand how to use verbal and written techniques correctly.
Image source: walmart.comConclusion
Retail store managers work in stores of all sizes in a variety of industries. In larger companies, like Walmart, you will typically report to a corporate management team. For job openings at Walmart, click here.
For more managerial jobs, click here.
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