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Retail Merchandise Strategist
2 months ago
Position: Merchandise Planner
Company Overview: We are Strand, a distinguished name in the Fashion and Travel industry, with a legacy that dates back to 1927. Our commitment to innovation and excellence has established us as a leader in the retail sector, particularly in handbags and luggage.
Role Overview: We are seeking a seasoned Merchandise Planner to enhance our team. The ideal candidate will possess substantial experience in merchandise planning within a medium to large-scale retail environment.
Key Responsibilities:
- Conducting comprehensive analyses of historical sales data to develop seasonal category strategies, identifying market opportunities to foster growth.
- Creating and maintaining store grading plans across various distribution channels, informed by customer demographics and sales trends.
- Formulating range plans that determine optimal product assortment, applying statistical and trend analysis to support effective purchasing decisions.
- Overseeing the Open-to-Buy process for designated product categories.
- Monitoring in-season trading performance, recommending pricing strategies and promotional activities to maximize margins.
- Allocating new product lines and managing replenishment based on sales forecasts and market demographics.
- Coordinating the execution of promotional events and marketing campaigns, ensuring adherence to critical deadlines.
- Providing accurate statistical insights to internal stakeholders through data analysis.
- Participating in weekly management meetings to discuss trading performance and strategic objectives.
- Visiting retail locations to offer support and address sales or range policy issues.
Candidate Profile:
- Extensive experience in merchandise planning within the fashion or accessories retail sector.
- Strong commercial acumen and retail insight.
- Exceptional analytical and numerical abilities with meticulous attention to detail.
- Proven track record of achieving sales, profit, and margin targets.
- In-depth understanding of industry trends.
- Customer-focused mindset with the ability to anticipate and resolve potential issues proactively.
- Strong relationship-building skills with effective communication capabilities.
- Results-oriented and deadline-driven approach.
- Proficient in advanced merchandise planning applications.
- Advanced Excel skills.
If you are passionate about contributing to a dynamic team culture, we invite you to explore this opportunity with us.