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Employment Prospects

Employers

Buyers work for a wide variety of businesses, both wholesale and retail, as well as for government agencies. Employers range from small stores, where buying may be only one function of a manager's job, to multinational corporations, where a buyer may specialize in one type of item and buy in enormous quantities.

According to the U.S. Department of Labor, as of May 2023, there were approximately 477,980 wholesale and retail buyers employed in the private sector across the United States. The following industries are the top employers of buyers: management of companies and enterprises; federal, state, and local governments; merchant wholesalers, durable goods; and aerospace product and parts manufacturing.

Starting Out

Most buyers find their first job by applying to the personnel office of a retail establishment or wholesaler. Because knowledge of retailing is important, buyers may be required to have work experience in a store.

Most buyers begin their careers as retail sales workers. The next step may be head of stock. The head of stock maintains stock inventory records and keeps the merchandise in a neat and well-organized fashion both to protect its value and to permit easy access. They usually supervise the work of several employees. This person also works in an intermediate position between the salespeople on the floor and the buyer who provides the merchandise. The next step to becoming a buyer may be assistant buyer. For many department stores, promotion to full buyer requires this background.

Large department stores or chains operate executive training programs for college graduates who seek buying and other retail executive positions. A typical program consists of 16 successive weeks of work in a variety of departments. This on-the-job experience is supplemented by formal classroom work that most often is conducted by senior executives and training department personnel. Following this orientation, trainees are placed in junior management positions for an additional period of supervised experience and training.

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