How much does a Vice President of Merchandising make in Chicago, IL? The average Vice President of Merchandising salary in Chicago, IL is $440,190 as of March 26, 2024, but the range typically falls between $373,290 and $568,890. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Vice President of Merchandising Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vice President of Merchandising Salary $312,381 Chicago,IL March 26, 2024
25th Percentile Vice President of Merchandising Salary $373,290 Chicago,IL March 26, 2024
50th Percentile Vice President of Merchandising Salary $440,190 Chicago,IL March 26, 2024
75th Percentile Vice President of Merchandising Salary $568,890 Chicago,IL March 26, 2024
90th Percentile Vice President of Merchandising Salary $686,065 Chicago,IL March 26, 2024
25% $373,290 10% $312,381 90% $686,065 75% $568,890 $440,190 50%(Median) Didn’t find job title? Click
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Job Description

The Vice President of Merchandising establishes product assortment strategies to meet customer demand and maximize sales and profits. Oversees, plans, and directs all aspects of a retail organization's merchandise buying activities. Being a Vice President of Merchandising may be responsible for managing supply chain and vendor relationships. May be responsible for establishing guidelines for merchandise pricing and markdowns. In addition, Vice President of Merchandising requires a bachelor's degree. Typically reports to top management. The Vice President of Merchandising manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a Vice President of Merchandising typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)

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Job Openings for Vice President of Merchandising in Chicago, IL

Career Path for this job

  1. Down a level:

    Retail Merchandising Senior Director


    Bachelor's Degree

  2. This Job:

    Vice President of Merchandising


    Bachelor's Degree

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Average Base Salary

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373290
568890
440190

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
496590
1016790
712590
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Vice President of Merchandising in Chicago, IL. The base salary for Vice President of Merchandising ranges from $373,290 to $568,890 with the average base salary of $440,190. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $496,590 to $1,016,790 with the average total cash compensation of $712,590.
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373290
568890

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

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