Spencer's Retail Store Manager Salaries by 90+ Employees (Updated 2025)

8 - 17 years exp.

₹2.2 Lakhs - ₹11.6 Lakhs

Salary of majority employees

Fixed (91%)

₹6 Lakhs

Variable (9%)

₹0.6 Lakh

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18% more than the average Store Manager Salary in Retail Companies for 8 - 17 years of experience

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Salaries in different departments

Merchandising, Retail & eCommerce Store Manager Salary 8 - 16 years exp. (44 salaries)	Unlock ₹2.9 L/yr - ₹14 L/yr
Sales & Business Development Store Manager Salary 8 - 17 years exp. (20 salaries)	Unlock ₹2.4 L/yr - ₹9.3 L/yr
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Customer Success, Service & Operations Store Manager Salary 10 - 17 years exp. (11 salaries)	Unlock ₹3.5 L/yr - ₹9.4 L/yr
Food, Beverage & Hospitality Store Manager Salary 9 - 13 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹10 L/yr
Marketing & Communication Store Manager Salary 10 - 13 years exp. (3 salaries)	Unlock ₹4.6 L/yr - ₹7.4 L/yr

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Last Updated: 1 Mar 2025

Companies similar to Spencer's Retail for Store Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Store Manager Salary 0 - 20 years exp. (4.1k salaries)	Unlock ₹1.9 L/yr - ₹9.7 L/yr 10% less	13 job openings
Future Retail Store Manager Salary 6 - 15 years exp. (280 salaries)	Unlock ₹2 L/yr - ₹9.5 L/yr 26% less
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Lifestyle Store Manager Salary 7 - 17 years exp. (151 salaries)	Unlock ₹3.4 L/yr - ₹11.5 L/yr 15% more
Shoppers Stop Store Manager Salary 5 - 17 years exp. (36 salaries)	Unlock ₹5.5 L/yr - ₹13 L/yr 28% more
Big Bazaar Store Manager Salary 8 - 19 years exp. (65 salaries)	Unlock ₹5.5 L/yr - ₹16.5 L/yr 67% more
Pantaloons Store Manager Salary 7 - 17 years exp. (190 salaries)	Unlock ₹5.1 L/yr - ₹15.5 L/yr 44% more
Westside Store Manager Salary 6 - 16 years exp. (28 salaries)	Unlock ₹4.2 L/yr - ₹13 L/yr 40% more
Fabindia Store Manager Salary 5 - 17 years exp. (232 salaries)	Unlock ₹2.4 L/yr - ₹10.3 L/yr 15% less
Raymond Lifestyle Limited Store Manager Salary 5 - 17 years exp. (195 salaries)	Unlock ₹2.1 L/yr - ₹8.5 L/yr 23% less
Levi Strauss & Co. Store Manager Salary 5 - 14 years exp. (204 salaries)	Unlock ₹2.5 L/yr - ₹6.3 L/yr 38% less
Aditya Birla Fashion and Retail Store Manager Salary 1 - 16 years exp. (724 salaries)	Unlock ₹2.4 L/yr - ₹10 L/yr 9% less	2 job openings
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Vishal Mega Mart Store Manager Salary 8 - 19 years exp. (525 salaries)	Unlock ₹4.3 L/yr - ₹12 L/yr 24% more
V-Mart Store Manager Salary 5 - 16 years exp. (437 salaries)	Unlock ₹2.8 L/yr - ₹8.5 L/yr 14% less
Landmark Group Store Manager Salary 5 - 15 years exp. (291 salaries)	Unlock ₹3.3 L/yr - ₹13.5 L/yr 22% more
DMart Store Manager Salary 10 - 19 years exp. (299 salaries)	Unlock ₹6 L/yr - ₹18 L/yr 84% more	10 job openings
CANTABIL RETAIL INDIA Store Manager Salary 3 - 14 years exp. (211 salaries)	Unlock ₹2.5 L/yr - ₹5.3 L/yr 39% less
V2 Retail Store Manager Salary 5 - 14 years exp. (196 salaries)	Unlock ₹2.9 L/yr - ₹6.5 L/yr 27% less
Trent Store Manager Salary 4 - 16 years exp. (202 salaries)	Unlock ₹4.3 L/yr - ₹9.1 L/yr 1% more	3 job openings
Titan Company Store Manager Salary 2 - 13 years exp. (156 salaries)	Unlock ₹1.1 L/yr - ₹9 L/yr 37% less	4 job openings
Marks & Spencer Store Manager Salary 6 - 17 years exp. (137 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 68% more

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Store Manager salary at Spencer's Retail ranges between ₹2.2 Lakhs to ₹11.6 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 99 latest salaries received from various employees of Spencer's Retail.

Latest annual salaries shared by Spencer's Retail Store Manager

3d ago

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16 years exp.

2w ago

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15 years exp.

2w ago

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17 years exp.

3w ago

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9 years exp.

3w ago

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15 years exp.

1mo ago

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17 years exp.

2mo ago

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14 years exp.

2mo ago

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16 years exp.

2mo ago

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13 years exp.

3mo ago

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11 years exp.

Experience wise Spencer's Retail Store Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
8 years (8 salaries)	Unlock ₹2.5 L/yr - ₹8.5 L/yr
9 years (13 salaries)	Unlock ₹2.4 L/yr - ₹9 L/yr
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10 years (11 salaries)	Unlock ₹2.2 L/yr - ₹8.2 L/yr
11 years (10 salaries)	Unlock ₹3.7 L/yr - ₹8.5 L/yr
12 years (9 salaries)	Unlock ₹2.2 L/yr - ₹8 L/yr
13 years (9 salaries)	Unlock ₹3.6 L/yr - ₹10 L/yr
14 years (13 salaries)	Unlock ₹3.6 L/yr - ₹12.5 L/yr
15+ years (26 salaries)	Unlock ₹4.1 L/yr - ₹12.6 L/yr

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Similar Designation salaries in Spencer's Retail

Area Manager Salary

(6 salaries)

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₹8.04 L/yr - ₹19.83 L/yr

Sales Manager Salary

(4 salaries)

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₹2 L/yr - ₹7.29 L/yr

Floor Manager Salary

(4 salaries)

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₹1.8 L/yr - ₹4.25 L/yr

Retail Manager Salary

(4 salaries)

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₹3 L/yr - ₹3.9 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

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₹1 L/yr - ₹1.3 L/yr

Store Incharge Salary

(3 salaries)

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₹1.8 L/yr - ₹2.7 L/yr

Cluster Manager Salary

(5 salaries)

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₹16 L/yr - ₹33 L/yr

Deputy Manager Salary

(3 salaries)

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₹2.1 L/yr - ₹5.1 L/yr

Senior Store Manager Salary

(7 salaries)

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₹12.58 L/yr - ₹16.05 L/yr

Business Manager Salary

(4 salaries)

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₹10 L/yr - ₹16 L/yr

Top skills at Spencer's Retail for Store Manager

Store Operations Store Management Retail Management Inventory Management Customer Handling Shrinkage Control Retail Operations Customer Interaction Communication Skills Operations Sales PNL Profit Growth Store Merchandising Store Presentation

Salary related reviews for Spencer's Retail

3.9

Rated by 33 employees for salary & benefits

Department Manager in Kolkata

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

Salary - Excellent

+6 more

Dislikes

Overall ok

Senior Executive in Varanasi

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.

Salary - Excellent

+5 more

Dislikes

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

Chief Administration Manager in Kolkata

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.

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.

Skill development - Bad

+4 more

Manager in Kolkata

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.”

Salary - Poor

+1 more

Commercial Executive And Sales Coordinator in Kolkata

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,

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*

Salary - Poor

+2 more

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Spencer's Retail Store Manager Salary FAQs

What is the salary of Store Manager at Spencer's Retail?

Store Manager salary at Spencer's Retail in India ranges between ₹2.2 Lakhs to ₹11.6 Lakhs for experience between 8 years to 17 years. According to our estimates it is 18% more than the average Store Manager Salary in India. Salary estimates are based on 99 latest salaries received from various employees of Spencer's Retail India.

How does the salary of a Store Manager at Spencer's Retail India compare with the average salary range for this job?

The average salary of a Store Manager at Spencer's Retail is 18% more than the average salary of a Store Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Store Manager at Spencer's Retail?

Store Operations, Store Management, Retail Management, Inventory Management and Customer Handling are some of the popular skills required to work as a Store Manager at Spencer's Retail India.

Which similar companies are paying more than Spencer's Retail to a Store Manager in India?

SPAR Hypermarkets Store Manager Salary - ₹5.5 Lakhs to ₹19.6 Lakhs per year
DMart Store Manager Salary - ₹6.0 Lakhs to ₹18.0 Lakhs per year
Marks & Spencer Store Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
Big Bazaar Store Manager Salary - ₹5.5 Lakhs to ₹16.5 Lakhs per year
Pantaloons Store Manager Salary - ₹5.1 Lakhs to ₹15.5 Lakhs per year

What is the salary of a Store Manager in companies similar to Spencer's Retail in India?

Westside Store Manager Salary - ₹4.2 Lakhs to ₹13.0 Lakhs per year
Praxis home Retail Store Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
Shoppers Stop Store Manager Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
Vishal Mega Mart Store Manager Salary - ₹4.3 Lakhs to ₹12.0 Lakhs per year
Landmark Group Store Manager Salary - ₹3.3 Lakhs to ₹13.5 Lakhs per year

What is the estimated take home salary of a Store Manager at Spencer's Retail in India?

The estimated take-home salary of a Store Manager at Spencer's Retail ranges between ₹50,363 per month to ₹51,552 per month in India. The take-home salary calculation is based on the average Spencer's Retail Store Manager salary in India which ranges between ₹2.2 Lakhs to ₹11.6 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Store Manager at Spencer's Retail?

According to AmbitionBox, 67% of the Spencer's Retail Store Managers reported a notice period of 1 Month, 27% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 81 responses on AmbitionBox in last 2 years.

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Spencer's Retail Store Manager Salaries

Spencer's Retail Store Manager salary in India ranges between ₹2.2 Lakhs to ₹11.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 99 Spencer's Retail latest salaries received from various employees of Spencer's Retail.