Merchant (Clayton)

Employment Type

: Full-Time

Industry

: Fashion



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Job Description

Purpose of Role:
Merchants are responsible for all aspects of daily business within their assigned product assortments. This role will have financial accountability, including P&L and buying responsibility for assigned products. Merchants will inventively solve for customer needs, grow market share, capitalize on business and product opportunities, improve upon merchandising localization and merchandising productivity. The Merchant will manage their assigned product assortments within the direction and objectives set forth by their MVP/DMM. The Merchant may have a team of direct reports, ranging from 1 to 3 associates with responsibility for making hiring decisions including hiring and terminations, performance management and coaching.

Responsibility Statements:
Responsible for the P&L performance of assigned product category and has buying responsibility.
Creates direction and strategy for assigned category-specific products that exceeds customer expectations and meets Product Line Review objectives.
Create appealing product assortments and pricing strategies in assigned categories that align with brand vision/strategy and through an omni-channel lens, such as market localization and partnering with online merchandising.
Translates strategy into actionable tactics that execute and meet or exceed objectives including sales, gross margin dollar, and inventory turn.
Provides support and direction to support functions and merchandising team including performance management, accountability and coaching, and makes hiring decisions.
Maintains an effective, day-to-day relationship with vendors, negotiations, providing feedback, and acquiring new relationships.
Maintain industry expertise to stay aware of new trends/business to optimize product category success.
Maintain strong, effective relationships with vendors to drive innovation and product development.

Required Experience/Education:
Bachelors Degree and 3+ years of experience in Merchandising.
OR
5+ years of experience in Merchandising.

Preferred Experience/Education:
Cross-functional rotation experience outside of core merchandising.
Experience in retail buying at large or big box retailer.

About Lowe's:
Lowes Companies, Inc. (NYSE: LOW) is a FORTUNE 50 home improvement company serving more than 18 million customers a week in the United States and Canada. With fiscal year 2018 sales of $71.3 billion, Lowes and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Founded in 1946 and based in Mooresville, N.C., Lowes supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.

For more information, visit Lowes.com.


Associated topics: advertise, advertisement, communications, leveraging, needs, publicist, research, roi, social media marketing, strategic

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