Lowe's
Divisional Merchandising Mgr
This job is now closed
Job Description
- Req#: 2658162BR
Bachelor's Degree
7 years experience in Merchandising
Demonstrated experience in retail buying
Experience leading a team of five or more direct reports
P&L responsibility
Omni Channel Experience
Cross-functional experience
Job Summary
The DMM is responsible for the selection and assortment of product within their respective area of responsibility. This role will build, communicate and execute a merchant strategy that meets or exceeds financial goals, in support of the VP's overall strategy and business imperatives. The DMM will be responsible for leading, inspiring, and developing a team of direct reports including hiring, termination, performance management, coaching, and feedback. The DMM manages both vendor and support partner relationships to create a culture of collaboration, productivity, and accountability.
Key Responsibilities
• Develop and drive a Merchandising strategy that meets or exceeds financial goals, including sales, gross margin dollar, and inventory turn, for assigned segment of business and multiple product groups; responsible for portion of P&L
• Creates and inspires short-term strategies and tactics that support long-term strategies
• Defines key capabilities in delivering strategy and manages execution
• Analyze performance to inform future strategies; recognize and react to business/trends
• Responsible for leading, inspiring and developing a team
• Maintain strong, effective relationships with Vendors (senior leadership and core teams)
• Lead efforts that instill best practices and provide support to assigned segment of business
• The DMM will have responsibility for leading a larger segment of the business, having multiple merchant direct reports, and responsibility for the performance of multiple product groups.
• Leads both direct and indirect reports and is responsible for making hiring decisions, performance management, coaching, and terminations. Responsible for providing feedback and accountability to support functions and with vendors.
• Maintain strong, effective relationships with vendors to drive innovation and product development
Required Education
Preferred Experience
About Lowe’s
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's 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.
About the company
Lowe’s grew from one small-town hardware store in North Carolina to one of the largest home improvement retailers in the world. Then and now, we’re committed to helping homeowners, renters and pros improve their homes and businesses.
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