Retail Manager Salary in London
Official ONS earnings for London, covering 49,000 jobs.
Median salary — London
£40,340
gross, per year
▲ 2% change on the previous year
Mean
£61,523
Jobs measured
49,000
What most retail managers actually earn
Half of retail managers in London earn between £30,588 and £59,618. Earning above £59,618 puts you in the top quarter of the profession.
ONS suppresses the detailed spread for this occupation at regional level, so this range describes the wider “Managers and Directors in Retail and Wholesale” group in London.
The full pay range
Each bar is the salary at that percentile — the 25th means a quarter of retail managers earn less than this.
Where this figure comes from
- ONS occupation group
- Managers and directors in retail and wholesale
- SOC 2020 code
- 1150
- Measure
- Gross annual pay, all employees
- Edition
- ONS Annual Survey of Hours and Earnings, 2025 provisional
ONS doesn't measure “retail manager” as its own category. These figures are for the wider group “Managers and directors in retail and wholesale”, which includes this role alongside others. ONS group covers wholesale as well as retail, and directors as well as managers.
Source: Office for National Statistics, Annual Survey of Hours and Earnings. Contains public sector information licensed under the Open Government Licence v3.0. Figures are estimates from a survey of PAYE jobs and are not financial advice.
Retail Manager salary FAQs
What is the average Retail Manager salary in London?
The median is £40,340 a year and the mean is £61,523, according to the ONS Annual Survey of Hours and Earnings.
What is a good Retail Manager salary?
Half of retail managers earn between £30,588 and £59,618. Anything above £59,618 is in the top quarter for the role.
Is this figure official?
Yes. It comes from the ONS Annual Survey of Hours and Earnings, an accredited official statistic based on employer PAYE records, covering 49,000 jobs in this occupation.
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