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Spencer's Retail Retail Store Manager salaries in India (Updated 2025)

Annual salary range
6 - 15 years exp.
₹2.2 Lakhs - ₹11.2 Lakhs
Salary of majority employees
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27% more than the average Retail Store Manager Salary in Retail Companies for 6 - 15 years of experience

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Salaries in different departments

Merchandising, Retail & eCommerce
Retail Store Manager Salary
6 - 15 years exp. (28 salaries)
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₹2.3 L/yr - ₹10.4 L/yr

Sales & Business Development
Retail Store Manager Salary
6 - 13 years exp. (6 salaries)
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₹3 L/yr - ₹14 L/yr

Procurement & Supply Chain
Retail Store Manager Salary
10 - 13 years exp. (4 salaries)
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₹3.2 L/yr - ₹7 L/yr

Food, Beverage & Hospitality
Retail Store Manager Salary
6 - 10 years exp. (3 salaries)
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₹2.4 L/yr - ₹10.8 L/yr

Human Resources
Retail Store Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹6.9 L/yr

Last Updated: 22 Mar 2025

Companies similar to Spencer's Retail for Retail Store Manager

Company name Avg Annual Salary Open Jobs
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Vishal Mega Mart Retail Store Manager Salary

8 - 18 years exp. (189 salaries)

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₹4.7 L/yr - ₹12 L/yr

arrow icon 23% more
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V-Mart Retail Store Manager Salary

5 - 14 years exp. (171 salaries)

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₹3 L/yr - ₹6.8 L/yr

arrow icon 22% less
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Future Retail Retail Store Manager Salary

7 - 16 years exp. (161 salaries)

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₹2.5 L/yr - ₹7.3 L/yr

arrow icon 25% less
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Titan Company Retail Store Manager Salary

4 - 15 years exp. (108 salaries)

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₹1.8 L/yr - ₹9.4 L/yr

arrow icon 24% less
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Landmark Group Retail Store Manager Salary

9 - 16 years exp. (101 salaries)

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₹4.3 L/yr - ₹11 L/yr

arrow icon 44% more
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₹2.3 L/yr - ₹4.5 L/yr

arrow icon 43% less
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Marks & Spencer Retail Store Manager Salary

10 - 20 years exp. (46 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 87% more
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V2 Retail Retail Store Manager Salary

3 - 14 years exp. (43 salaries)

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₹3.2 L/yr - ₹6.3 L/yr

arrow icon 26% less
1 job opening
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VIP Industries Retail Store Manager Salary

4 - 15 years exp. (39 salaries)

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₹1.9 L/yr - ₹4.8 L/yr

arrow icon 47% less
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Reliance Smart Retail Store Manager Salary

3 - 15 years exp. (36 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 17% less
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Trent Retail Store Manager Salary

4 - 17 years exp. (31 salaries)

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₹4.9 L/yr - ₹10 L/yr

arrow icon 8% more
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₹3 L/yr - ₹11 L/yr

At par
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NIKE Retail Store Manager Salary

2 - 14 years exp. (24 salaries)

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₹3.3 L/yr - ₹8.4 L/yr

arrow icon 33% less
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Archies Retail Store Manager Salary

3 - 14 years exp. (20 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 58% less
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Shoppers Stop Retail Store Manager Salary

7 - 19 years exp. (16 salaries)

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₹5 L/yr - ₹10.5 L/yr

arrow icon 21% more
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Mothercare Retail Store Manager Salary

5 - 22 years exp. (13 salaries)

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₹5.5 L/yr - ₹7.8 L/yr

arrow icon 2% more
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₹2.3 L/yr - ₹6.4 L/yr

arrow icon 38% less
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₹2 L/yr - ₹2.4 L/yr

arrow icon 67% less
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Gap Retail Store Manager Salary

8 - 15 years exp. (5 salaries)

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₹4.4 L/yr - ₹7.5 L/yr

arrow icon 12% less
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₹4 L/yr - ₹5.4 L/yr

arrow icon 30% less
View all
Retail Store Manager salary at Spencer's Retail ranges between ₹2.2 Lakhs to ₹11.2 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 54 latest salaries received from various employees of Spencer's Retail.

Latest annual salaries shared by Spencer's Retail Retail Store Manager

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Experience wise Spencer's Retail Retail Store Manager salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
6 years  (5 salaries)

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₹2.3 L/yr - ₹6.3 L/yr
7 years  (3 salaries)

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₹2.4 L/yr - ₹7 L/yr
8 years  (7 salaries)

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₹2.2 L/yr - ₹7.3 L/yr
9 years  (4 salaries)

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₹3.4 L/yr - ₹8.5 L/yr
10 years  (6 salaries)

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₹3.7 L/yr - ₹10.8 L/yr
View all

Similar Designation salaries in Spencer's Retail

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₹1.55 L/yr - ₹4 L/yr
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₹2 L/yr - ₹6.4 L/yr
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₹0.9 L/yr - ₹2.15 L/yr
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₹2.9 L/yr - ₹4 L/yr
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₹0.95 L/yr - ₹1.8 L/yr
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₹2.4 L/yr - ₹10 L/yr
Salesman Salary
(9 salaries)
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₹0.9 L/yr - ₹1.65 L/yr
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₹12.58 L/yr - ₹16.05 L/yr
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₹11.7 L/yr - ₹20 L/yr
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₹20 L/yr - ₹40 L/yr

Salary related reviews for Spencer's Retail

3.4

Rated by 18 employees for salary & benefits

Merchandising, Retail & eCommerce Department

5.0
  •  posted on 19 Apr 2018

5.0
 for  Salary and Benefits

Likes

...learn lots of things from this company and hence I am working here last 11years. There is no delay in salary every time got on time. Actually I love to work at Spencer's, hence I am working since 11yrs

read more
  • Salary - Excellent
  • +6 more

Dislikes

Overall ok

Full Time

 · 

Research & Development Department

5.0
  •  posted on 29 Sep 2024

5.0
 for  Salary and Benefits

Likes

...people are keeping their relatives by doing politics and firing their employees. The company needs to pay attention to this.

read more
  • Salary - Excellent
  • +5 more

Dislikes

There is politics going on at Spencer right now that is detrimental to the company.

Full Time

 · 

Administration & Facilities Department

2.0
  •  posted on 21 Jan 2024

4.0
 for  Salary and Benefits

Likes

...company. It was a much better organisation but destroyed by son of the promoter. You get your salary on time and in case you are joining new they will offer above the market price as no one wants to continue after 3 months of joining.

read more
  • Salary - Good

Dislikes

It is a classic case of over zealous promoters destroying a business. Non competent son of the promoter thinks himself as God and all employees as piece of furniture. Management changes after every 3 years. Some CXOs leaves even before that. Every year people gets fired as cost cutting is the only tool for sustainability, as per the promoter. Do not join even if they offer a higher than market price also.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 05 Aug 2024

2.0
 for  Salary and Benefits

Likes

Good work life balance. On time salary.

  • Company culture - Good
  • +1 more

Dislikes

Inter Department politics. VP - BD thinks he is the owner of the company. Puts undue pressure on other departments to cover own department’s incompetence. Unethical approach towards work resulting in haphazard and rushed decisions. To quote Neerav Sejpal, “let’s get things done, if any thing crops up, let the company face after 10 years, we won’t be there then.”

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 24 Jun 2022

2.0
 for  Salary and Benefits

Likes

Spencers do not fired any employee during lockdown and it credited salary within specific time,

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  • Job security - Good

Dislikes

There is no motivational work and also here is no career growth untill you do butter oiling. Here is no increment even you do hard work. If you work hardly, but you can't do butter oiling, then you are not able to attract your senior, only the person who do the butter oiling properly, then he/she attract by seniors. Most of the employee give resign for this *NEPOTISM*

read more
  • Salary - Poor
  • +2 more
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Spencer's Retail Retail Store Manager Salary FAQs

What is the salary of Retail Store Manager at Spencer's Retail ?
The average salary of a Retail Store Manager at Spencer's Retail in India typically ranges from ₹2.2 Lakhs to ₹11.2 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Retail Store Manager at Spencer's Retail earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹13.9 Lakhs per year. Retail Store Manager Salaries at Spencer's Retail can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 50+ Spencer's Retail employees in India.
What is the estimated take home salary of a Retail Store Manager at Spencer's Retail in India?
The estimated take-home salary of a Retail Store Manager at Spencer's Retail in India typically ranges from ₹50,016 to ₹51,196 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹11.2 Lakhs per year for employees with experience ranging from 6 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 50+ salaries received from various employees of Spencer's Retail. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Spencer's Retail for Retail Store Manager in India?
Marks & Spencer ₹6.5 Lakhs to ₹16.0 Lakhs per year
Landmark Group ₹4.3 Lakhs to ₹11.0 Lakhs per year
Praxis home Retail ₹7.5 Lakhs to ₹9.1 Lakhs per year
Vishal Mega Mart ₹4.7 Lakhs to ₹12.0 Lakhs per year
Shoppers Stop ₹5.0 Lakhs to ₹10.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Spencer's Retail, depending on the role and experience level.
What is the salary of a Retail Store Manager in companies similar to Spencer's Retail in India?
The salary of a Retail Store Manager at companies similar to Spencer's Retail in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Trent ₹4.9 Lakhs to ₹10.0 Lakhs per year
Mothercare ₹5.5 Lakhs to ₹7.8 Lakhs per year
Future Lifestyle Fashion ₹3.0 Lakhs to ₹11.0 Lakhs per year
Gap ₹4.4 Lakhs to ₹7.5 Lakhs per year
Reliance Smart ₹3.0 Lakhs to ₹10.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Retail Store Manager at Spencer's Retail in India?
The salary growth for a Retail Store Manager at Spencer's Retail depends on factors such as experience, performance, and promotions. On average, a Retail Store Manager can expect the following growth trajectory at Spencer's Retail:

Experience Average Salary Range
6 years ₹2.3 Lakhs to ₹6.3 Lakhs per year
7 years ₹2.4 Lakhs to ₹7.0 Lakhs per year
8 years ₹2.2 Lakhs to ₹7.3 Lakhs per year
9 years ₹3.4 Lakhs to ₹8.5 Lakhs per year
and so on.

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Spencer's Retail Retail Store Manager salary in India ranges between ₹2.2 Lakhs to ₹11.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 54 Spencer's Retail latest salaries received from various employees of Spencer's Retail.