Retail Store Manager Grocery salary in Iceland

Average Yearly Salary of Retail Store Manager Grocery in Iceland is approximately 6,844,910 ISK (47,649 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Retail Store Manager Grocery do?

A retail store manager in the grocery industry is responsible for overseeing the daily operations of a grocery store. They are in charge of managing inventory, ensuring shelves are stocked with products, and coordinating with suppliers to maintain a steady supply chain. Additionally, they supervise and train staff members, handle customer inquiries and complaints, and implement strategies to maximize sales and profitability. Retail store managers also analyze sales data, monitor market trends, and make informed decisions regarding pricing, promotions, and product placement. They strive to create a positive shopping experience for customers by maintaining a clean and organized store environment. This role requires strong leadership and communication skills, as well as the ability to multitask and problem-solve in a fast-paced retail setting.

Skills: Retail management, Grocery store, Inventory management, Customer service, Sales analysis, Leadership
Job industry: Retail

How much does Retail Store Manager Grocery make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Retail Store Manager Grocery a well paid job?

No, our data shows that Retail Store Manager Grocery is typically not a well-paid job. The salary varies based on experience. Meaning that even though Retail Store Manager Grocery might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Retail Store Manager Grocery?

High salary for Retail Store Manager Grocery would be somewhere between 7,529,401 ISK and 9,925,120 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Retail Store Manager Grocery in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 6,844,910 ISK
Estimated Monthly Salary: 570,409 ISK
Estimated Weekly Salary: 131,633 ISK per week
Estimated Hourly Salary: 3,291 ISK per hour
By working as Retail Store Manager Grocery a person can save up to 1,242 USD per month or 14,903 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Retail Store Manager Grocery

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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