Store director vs managing director

The differences between store directors and managing directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a store director and a managing director. Additionally, a managing director has an average salary of $129,690, which is higher than the $56,596 average annual salary of a store director.

The top three skills for a store director include payroll, store sales and food safety. The most important skills for a managing director are healthcare, portfolio, and business development.

Store director vs managing director overview

	Store Director	Managing Director
Yearly salary	$56,596	$129,690
Hourly rate	$27.21	$62.35
Growth rate	6%	6%
Number of jobs	225,468	81,022
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 68%
Average age	44	44
Years of experience	6	6

What does a store director do?

A store director is in charge of overseeing overall business operations, ensuring everything is running smoothly. Their responsibilities mostly revolve around setting goals and objectives, devising strategies to increase sales and brand awareness, liaising with key suppliers and vendors, managing the employees and all hiring processes, supervising the inventory, and monitoring the progress of sales. Furthermore, as a store director, it is essential to lead and encourage the staff to reach goals, all while implementing the company's policies and regulations.

What does a managing director do?

A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.

Store director vs managing director salary

Store directors and managing directors have different pay scales, as shown below.

	Store Director	Managing Director
Average salary	$56,596	$129,690
Salary range	Between $42,000 And $75,000	Between $72,000 And $233,000
Highest paying City	New York, NY	New York, NY
Highest paying state	Delaware	New York
Best paying company	Tory Burch	Paul, Weiss, Rifkind, Wharton & Garrison
Best paying industry	Retail	Finance

Differences between store director and managing director education

There are a few differences between a store director and a managing director in terms of educational background:

	Store Director	Managing Director
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Store director vs managing director demographics

Here are the differences between store directors' and managing directors' demographics:

	Store Director	Managing Director
Average age	44	44
Gender ratio	Male, 71.9% Female, 28.1%	Male, 73.5% Female, 26.5%
Race ratio	Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.1% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5%	Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between store director and managing director duties and responsibilities

Store director example responsibilities.

Maintain, control, and achieve all KPI set weekly, monthly, quarterly, and yearly.
Develop and implement strategic merchandising plans to achieve revenue objectives and reduce expenditures while ensuring payroll remains within budget goals.
Ensure safety and cleanliness of work / customer environment, arranging necessary repairs and upkeep of internal and external property.
Maintain excellent store conditions through dynamic product presentation, organization and store cleanliness.
Participate in the development and implementation of a company wide labor scheduler payroll budgeting system base on actual work content.
Develop innovative marketing materials and create free weekly seminars in basic pet discipline development skills to increase training program enrollment.

Managing director example responsibilities.

Create and manage the social media presence via a festival page on Facebook.
Manage all consulting resources and have overall P/L responsibilities for the Atlanta office.
Manage the lessee and lessor relationships regarding exchange seat leases with major markets, such as NYSE, AMEX, CBOE.
Manage denials and expedite managed care appeals (reimbursement reconsideration).
Manage payroll processing for thousands of industrial temporary workers and bill respective clients.
Manage the Ketera SaaS relationship for IBM with engagement development and profitability responsibilities.

Store director vs managing director skills

Common store director skills

Payroll, 12%
Store Sales, 9%
Food Safety, 7%
Customer Service, 4%
Sales Growth, 4%
Cleanliness, 4%

Common managing director skills

Healthcare, 7%
Portfolio, 7%
Business Development, 6%
Oversight, 6%
Project Management, 5%
Customer Service, 5%

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Store Director
Store Director vs Managing Director

Updated January 8, 2025

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