How much does a Top Merchandising Executive make in Illinois? The average Top Merchandising Executive salary in Illinois is $430,063 as of February 26, 2024, but the range typically falls between $364,627 and $555,797. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Top Merchandising Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Top Merchandising Executive Salary $305,050 IL February 26, 2024
25th Percentile Top Merchandising Executive Salary $364,627 IL February 26, 2024
50th Percentile Top Merchandising Executive Salary $430,063 IL February 26, 2024
75th Percentile Top Merchandising Executive Salary $555,797 IL February 26, 2024
90th Percentile Top Merchandising Executive Salary $670,272 IL February 26, 2024
25% $364,627 10% $305,050 90% $670,272 75% $555,797 $430,063 50%(Median) Didn’t find job title? Click
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What skills does a Top Merchandising Executive need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.

2.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

3.

Merchandising: In the broadest sense, merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to the variety of products available for sale and the display of those products in such a way that it stimulates interest and entices customers to make a purchase. In the profession of merchandising you are either employed by the store in which you work, or by an independent distributor. As a professional merchandiser, in a retail setting, you will not only know your products(I.e. coffee, juice, soda, etc.) but you will gauge other “vendors” like products as you tend to your job. Working with the store and other merchandisers, shelf space is often given or taken as need be in some locations(for some young merchandisers this is known as “war”) In retail commerce, visual display merchandising means merchandise sales using product design, selection, packaging, pricing, and display that stimulates consumers to spend more. This includes disciplines and discounting, physical presentation of products and displays, and the decisions about which products should be presented to which customers at what time.

Planning 8.33%
Futures 8.33%
Merchandising 8.33%
Others 75.01%

Job Description for Top Merchandising Executive

Top Merchandising Executive oversees, plans, and directs all aspects of a retail organization's merchandise buying activities. Leads the development of product assortment strategies to meet customer demand and maximize sales and profits. Being a Top Merchandising Executive utilizes data analytics, forecasting, trend research, and sales performance to develop effective merchandising plans. Establishes methodologies and guidelines for merchandise pricing and markdowns. Additionally, Top Merchandising Executive develops new and manages the existing supply chain and vendor relationships. Requires a bachelor's degree in marketing, merchandising, business or other related field. Typically reports to top management. The Top Merchandising Executive manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Top Merchandising Executive in Illinois

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $441,531 Date Updated February 26, 2024
Location Mount Prospect, IL Avg. Salary $440,025 Date Updated February 26, 2024
Location Abingdon, IL Avg. Salary $396,964 Date Updated February 26, 2024
Location Adair, IL Avg. Salary $401,769 Date Updated February 26, 2024
Location Addieville, IL Avg. Salary $408,759 Date Updated February 26, 2024
Location Addison, IL Avg. Salary $440,025 Date Updated February 26, 2024
Location Akin, IL Avg. Salary $393,092 Date Updated February 26, 2024
Location Albany, IL Avg. Salary $390,158 Date Updated February 26, 2024
Location Albers, IL Avg. Salary $408,759 Date Updated February 26, 2024
Location Albion, IL Avg. Salary $384,361 Date Updated February 26, 2024
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Top Merchandising Executive Salary in Illinois
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