Retail Articles Archives - Page 16 of 18 - I Hate Working In Retail

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Wait, Americans Spend How Much on Halloween?

Pets Adviser/Flickr

U.S. retail sales were disappointing in September, worrying analysts thatconsumers may be feeling stretched or cautious as the biggest shopping season of the year rolls around. Some retailers make up as much as 30 percent of their yearly sales numbers from October to December.

Kicking off the end of year spending season is Halloween. Just how much do Americans spend on trick-or-treating and other Halloween festivities? The National Retail Federation (NRF) forecasts total Halloween spending—including candy, costumes, and decorations—to come in at $7.4 billion this year.

Halloween candy alone has run up a $2 billion tab every Halloween for the past three years, though the candy industry says that bad weather can lower the numbers slightly. “We are predicting a slight bump in Halloween confectionery sales this year (1.9 percent),” said Jenn Ellek of the National Confectioners Association. The NCA is expecting candy sales to reach $2.5 billion. Additionally, the NRF says that retailers could benefit this year from the holiday falling on a Friday, as parents will be more likely to take kids out and revelers more inclined to attend or throw parties, boosting costume sales. And don’t forget the puppies: The NRF estimates that Americans will spend $350 million just on pet Halloween costumes.


U.S. Halloween Spending


This is tiny compared to the $600 billion dollars Americans are projected to spend this holiday season. Annually, Halloween doesn’t even make the top five when it comes to holiday spending. Mother’s Day and Valentine’s Day both command double the dollar amount of spent on Halloween. According to the NRF, even the Super Bowl tops Halloween in terms of consumer spending.

As for the stock market, investors are surely looking forward to the market anomaly known as “Halloween Effect” this year. Research by Ben Jacobsendocuments a strong seasonal effect on the global stock market that pays outsignificantly higher returns from November to April, compared with May through October. His paper shows the U.S. stock market performing better during winter months from 1926 to 2006, but, he says this is due to a bump in stock returns in production sectors during those winter months, rather than holiday consumerism.

 

Sourced from theatlantic.com

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What Assistant Managers Earn At Walmart, Home Depot And Other Popular Companies

Taking a job at Walmart or Home Depot doesn’t necessarily mean you’ll always be earning an hourly wage.

If you work your way up to assistant manager, you could earn a decent salary, on par with what managers make in some white-collar industries.

Managing is tough, after all. Snagajob.com reports that assistant mangers “have a lot of responsibility and this job requires great leadership skills.”

We reviewed Glassdoor compensation reports — which includes benefits, salaries, and other compensation— for assistant manager positions at major retail and food outlets.

So just how much are people earning? We’ve ranked the salaries from lowest to highest.

 

Assistant managers at GameStop earn $21,810

A former assistant manager said, “If you like games it’s good. Most of store store is friendly and fun. Great for a second job for a day or two a week.”

However, “Corporate is constantly cutting hours making it hard for part time employees to work. This puts a bigger strain on management. The ideas and tasks emailed down are constantly going back and forth and hit with big deadlines with no help its hard to get done. The pay is low, and the stress level is very high.”

Average total pay reports from Glassdoor include salary, bonus, and other factors

 

Assistant managers at Bob Evans earn $34,253

Assistant managers at Bob Evans earn $34,253

Wikimedia Commons

Bob Evans

An assistant manager in Bowling Green, Ky., said the company was “a place to start my restaurant management career. Really good ServeSafe training. It was nice doing some training at the corporate office.”

However, “Local management was promoted by who the Area Manager liked better rather than who actually did their job. The computer system is painfully slow. The uniform standard has gone out of the window now. The entire time that I worked there I never got a raise. My pay was messed up after relocating and recieved a paycheck for 93 cents and only 1/2 pay for the next 10 weeks which ruined me financially. I lost my home and my credit.”

Average total pay reports from Glassdoor include salary, bonus, and other factors

Assistant managers at American Eagle Outfitters earn $35,318

Assistant managers at American Eagle Outfitters earn $35,318

Wikimedia Commons

American Eagle Outfitters

An assistant manager said of the company, “Employee discount would have to be the best. I’m a huge shopper so you have to love that. Health insurance is wonderful. Regional manager is helpful, district manager is friendly.”

However, the “pay is poor for high competing companies. Jim O’Donnell is getting older, so the company’s growth is in question.”

Average total pay reports from Glassdoor include salary, bonus, and other factors

Assistant managers at Walgreens earn $38,170

Assistant managers at Walgreens earn $38,170

An executive assistant store manager said Walgreens employees “meet good people, good pay and you gain a lot of management experience.”

Unfortunately, the job entails “long hours, a lot of physical work, sometimes politics is played, and some managers put you down.”

Average total pay reports from Glassdoor include salary, bonus, and other factors

Assistant managers at Sherwin-Williams earn $38,630

Assistant managers at Sherwin-Williams earn $38,630

Sherwin-Williams.com

Sherwin-Williams

A former assistant manager said the company offers a “Good employee discount. Got to learn hands-on how to run a business. Hours were good. Schedule was flexible. Good pay.”

However, there were “times when store was short-staffed, but only had a minimal budget to hire more part-timers. Upper management had their favorite employees.”

Average total pay reports from Glassdoor include salary, bonus, and other factors

Assistant managers at Panera Bread earn $38,922

Assistant managers at Panera Bread earn $38,922

Wikimedia Commons

Panera Bread

An assistant manager in Silver Spring, Md., said the company offers a “thorough training program, and there are a lot of other cool assistant managers who are fun to work beside.”

However, there are ” WAY too many hours. Crazy early shifts (5am), then late nights all in the same week (leave around 10:30-11pm). GM generally doesn’t work very hard and will put everything on the Assistant Mangers. Senior management in the franchise is a group of good ol’ boys and good luck getting promoted. They promote their buddies.”

Average total pay reports from Glassdoor include salary, bonus, and other factors

Assistant managers at Enterprise Rent-A-Car earn $39,924

Assistant managers at Enterprise Rent-A-Car earn $39,924

Wikimedia Commons

Enterprise Rent-A-Car

An assistant manager said the job comes with “great pay, promote on performance, competitive atmosphere, benefits, bonuses.”

But it has its difficulties. “The customers are sometimes very difficult to deal with under the guidelines of customer service principles enterprise has in place,” the employee said.

Average total pay reports from Glassdoor include salary, bonus, and other factors

Assistant managers at CVS Caremark earn $43,874

Assistant managers at CVS Caremark earn $43,874

Wikimedia Commons

CVS Caremark

A CVS Caremark retail drug store manager said the “compensation package is decent. Training tools are plentiful. They have CVS learnet which gives you detailed modules for every possible training you need.”

However, there are “not enough hours per store to accomplish daily goals. Senior management micromanages every aspect of your store so it doesn’t even feel like your the store manager. LP awareness at the corporate level is blind to every day functions.”

Average total pay reports from Glassdoor include salary, bonus, and other factors

Assistant managers at Walmart earn $45,258

Assistant managers at Walmart earn $45,258

Walmart via Flickr

A current Walmart manager said the company offers “Great culture and environment to work. Walmart provides advancement opportunities for all individuals. I would advise anyone to look at Walmart for career opportunities.”

However, the reputation isn’t always the best. “Some small mom-and-pop stores look at Walmart as a bad giant retailer who steal jobs from other companies,” the manager said.

Average total pay reports from Glassdoor include salary, bonus, and other factors

Assistant managers at Best Buy earn $58,971

A sales manager in Fort Lauderdale, Fla. said of the company, “Fun, fast paced environment. Employees are amazing and we genuinely have fun. It is a relaxed atmosphere but with a sense of urgency at all times to get to customers.”

However, there are “Long, long hours, taking time off is a dirty word. Customers are absolutely terrible. Most customers we have to interact with are flat out rude and feel a sense of entitlement. We sell electronics and we have customers that act like total children when they don’t get their way. I know this is industrywide but I have never seen it this bad in 8 years.”

Average total pay reports from Glassdoor include salary, bonus, and other factors

Assistant managers at Home Depot earn $62,397

Assistant managers at Home Depot earn $62,397

Wikimedia Commons

Home Depot

An assistant manager in Batavia, New York said “money is paid to workers and managers.”

However, “Politics have taken over the company in the last few years to where Frank needs to dig in and get this fixed.”

Average total pay reports from Glassdoor include salary, bonus, and other factors

Data Accurate to November 2011

Sourced from.businessinsider.com/

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A working mom’s Wal-Mart nightmare

Tiffany Beroid

Politicians love to talk about working moms managing their busy lives, particularly when those working moms managing their busy lives decide to go back to school. Add in a pregnancy, and you basically have the ideal hypothetical woman, tailor made to be praised and lionized during some campaign speech from some candidate explaining just how focused they are on the needs of women.

But Tiffany Beroid isn’t a political abstraction, she’s a real person who wanted to finish her degree while managing the demands of work, family and a high-risk pregnancy. And despite a lot of lip service from lawmakers, policies that support working mothers are few and far between. Beroid was employed at a Wal-Mart in Laurel, Maryland for about three years when she decided to go back to school part-time. She said she tried to work out a schedule that could accommodate the demands of work, family and school, but the company responded by cutting her hours. In fact, her hours — and income — were cut so drastically that Beroid eventually had to drop out of school. When her high-risk pregnancy meant that she needed to be put on lighter work, she was placed on unpaid leave. When she raised these problems to Wal-Mart, she was fired.

“Wal-Mart fired me for speaking out,” Beroid said of the ordeal.

And this is where the policy vacuum comes in. She had no legal recourse, just like millions of working women in her exact situation have no legal recourse when they show up to work only to be told that their shift has been cut, their hours reduced or their weekday schedule has been changed to a weekend schedule. But a measure introduced by Democrats in the House and Senate this week is attempting to address at least one of the problems Beroid faced — erratic scheduling that made planning to attend class, arranging for child-care and receiving a reliable paycheck nearly impossible. Put simply, the Schedules That Work Act would stop companies like Wal-Mart from retaliating against workers like Beroid for asking for scheduling accommodations, and make it easier for them to juggle work, school and family.

This is a huge issue for working families and working mothers in all industries. As recently noted by Jana Kasperkevic at the Guardian, data from ROC-United found that of the 200 mothers with young children they surveyed, 46 percent had an unpredictable work schedule, with nearly 40 percent reporting that their schedules changed on a weekly basis. These erratic schedules often result in a frantic scramble for child-care, made all the more challenging by unpredictable wages that come with your hours changing on a weekly basis.

 

Sourced from Salon.com

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