Retail Director Salary

Retail Directors who are practiced in their profession and carry more than 10 years of experience make up somewhere between two-thirds and three-fourths of Retail Directors. Pay fluctuates from $47K to $148K per year, but expected earnings average $75K annually. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The majority of workers are highly satisfied with their job. Men make up a slight majority of Retail Directors (59 percent) who responded to the survey. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$47,580 - $124,498
$48K
$75K
$120K
MEDIAN: $75,385
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$47,580 - $124,498  
   
Bonus
$1,546 - $31,511  
Profit Sharing
$6,000  
Commission
$4,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$46,743 - $148,286  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 75

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United States (change)

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Job Description for Retail Director

A retail director works under the direction of the president of a particular company. Their main responsibility is to direct all retail operations and staff. The director must provide leadership and management skills to the department and oversee all purchases to ensure the company maintains steady growth and increasing profitability. The retail director's main duties typically include implementing relevant policies (which are most often made by the board of directors), managing all operations in the retail department, researching new vendors, and maintaining good relationships with existing vendors. They also order all apparel and non-apparel items, ensure there is an appropriate amount of stock at all times, and maintain excellent tracking on all purchase orders. Retail directors need to communicate effectively with colleagues and work well with subordinates, providing guidance, training, and discipline as needed.

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Retail Director Tasks

  • Train employees in sales strategies and help employees improve individual performances.
  • Develop sales strategies and objectives for a retail store and for the each of the store's employees.
  • Identify products and services with the greatest potential for increasing revenue.
  • Keep records of sales made in departments and by each employee, analyzing the results to find trends.

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Pay by Experience Level for Retail Director

Pay by Experience for a Retail Director has a positive trend. An entry-level Retail Director with less than 5 years of experience can expect to earn an average total compensation of $67,000 based on 12 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Retail Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $74,000 based on 18 salaries. An experienced Retail Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $90,000 based on 38 salaries. A Retail Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $87,000 based on 27 salaries.

Pay Difference by Location

National Average: $75,403

Larger city markers indicate a job is popular in that location.

For Retail Directors, working in the bustling city of New York has its advantages, including an above-average pay rate.

Related Job Salaries

Key Stats for Retail Director

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.
1-4 years
12%
5-9 years
17%
10-19 years
36%
20 years or more
35%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Retail Director Salaries

Experienced
▲19%

Late-Career
▲16%

National Average
$75,000

Mid-Career
▼2%

Entry-Level
▼11%

Skills That Affect Retail Director Salaries

Merchandising
▲37%

Operations Management
▲16%

People Management
▲14%

National Average
$75,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

1-4 years
12%
5-9 years
17%
10-19 years
36%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 78%
vision benefits
Vision: 60%
no benefits
None: 11%
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