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Store owner vs retail operation manager

The differences between store owners and retail operation managers 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 owner and a retail operation manager. Additionally, a retail operation manager has an average salary of $76,518, which is higher than the $60,283 average annual salary of a store owner.

The top three skills for a store owner include customer service, product knowledge and payroll. The most important skills for a retail operation manager are POS, retail operations, and payroll.

Store owner vs retail operation manager overview

Store OwnerRetail Operation Manager
Yearly salary$60,283$76,518
Hourly rate$28.98$36.79
Growth rate6%6%
Number of jobs189,283408,776
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 66%
Average age4444
Years of experience66

Store owner vs retail operation manager salary

Store owners and retail operation managers have different pay scales, as shown below.

Store OwnerRetail Operation Manager
Average salary$60,283$76,518
Salary rangeBetween $38,000 And $94,000Between $47,000 And $124,000
Highest paying City-New York, NY
Highest paying state-Connecticut
Best paying company-Accenture
Best paying industry--

Differences between store owner and retail operation manager education

There are a few differences between a store owner and a retail operation manager in terms of educational background:

Store OwnerRetail Operation Manager
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Store owner vs retail operation manager demographics

Here are the differences between store owners' and retail operation managers' demographics:

Store OwnerRetail Operation Manager
Average age4444
Gender ratioMale, 49.6% Female, 50.4%Male, 56.8% Female, 43.2%
Race ratioBlack or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5%Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between store owner and retail operation manager duties and responsibilities

Store owner example responsibilities.

  • Manage employees, order supplies, stock, quick books POS
  • Manage own store, selling wide variety of products such as groceries and household items.
  • Train and develop to manage multi-unit operations.
  • Prepare payroll accounts and reconcile bank statements.
  • Initiate and implement computer base payroll system.
  • Deliver comprehensive team training in POS software and facilitate system maintenance.
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Retail operation manager example responsibilities.

  • Work to build and maintain Client/Retailer partnerships while managing ongoing client goals and KPI objectives.
  • Manage photo lab operations in multi-unit retail locations throughout multiple geographies.
  • Manage day-to-day store operations including inventory management, sales generation, and payroll.
  • Manage scheduling and payroll for team; conduct performance evaluations, promotions and terminations when necessary.
  • Manage the day-to-day oversight of funding requirements for vendors, retailers and wholesalers using company sponsor software.
  • Provide leadership and direction to facility management and program owners while motivating and interacting with employees to achieve continuous improvement.
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Store owner vs retail operation manager skills

Common store owner skills
  • Customer Service, 26%
  • Product Knowledge, 12%
  • Payroll, 10%
  • Store Merchandise, 6%
  • Inventory Control, 4%
  • Retail Store, 4%
Common retail operation manager skills
  • POS, 14%
  • Retail Operations, 11%
  • Payroll, 9%
  • Store Sales, 8%
  • Retail Store, 8%
  • Loss Prevention, 8%

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