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The Merchant, Wovens position is responsible for leading the strategy, development, and selection of merchandise to optimize sales growth and contribute to bottom line profit for their given department. This position executes quarterly buy strategies at the style/color level, exhibits a passion and eye for product, conducts in-depth analysis, both financial and trend, and leads collaborative cross-functional partnerships. The Merchant will lead, motive and develop a team of assistants and associates.
Job Responsibility:
Directly responsible for the strategy, development, and collaborative execution of the product to optimize sales growth and contribute to bottom line profit
Analyze business performance on a weekly basis and present results to cross-functional and leadership teams
Hindsight prior seasons through extensive product, trend, and competitive analysis to plan for the next season
Build seasonal frameworks, work collaboratively to ensure strategies are in place to maximize business opportunities as well as seasonal trends
Drive partnership with Design team to evolve our proven core product and introduce merchandise that is new, trend right, works within our brand filter, and moves the business forward
Utilize both product strategies and analytical results to plan all merchant buys, in accordance to budget, for each quarter and present investments at product investment review
Utilize merchandizing buy tool to plan all merchandise buys to the style/color level
Drive partnership with Planning and Inventory Management on reviewing sales, receipt, and style/color counts
partner on managing business sales results and mark down cadence
Drive partnership with Sourcing to achieve target IMU plans, make seasonal fabric projections, participate in discussions on costs, deliveries, and other vendor related matters
Drive partnership with Visual and Marketing teams to ensure product placement, presentation and storytelling are all executed according to strategy or current business trend
Develop understanding of the Talbots customer and where she shops. Curate product selections that are complimentary to the brand and to the customer’s preference
Responsible for developing strong, collaborative, partnerships with cross-functional teams across channels and other business areas
approach all working relationships in a tactful and effective way
Lead, motivate, and develop all direct reports
foster collaborative work environment and build strength within the team
Initiate and perform additional ad hoc analytical assignments as requested
Maintain knowledge of catalog and web industry trends, shop competition frequently
Analyze direct business metrics, evaluate customer demand performance in conjunction with sales
Evaluate and understand department catalog space and related demand/sales
Oversee and attend catalog layout reviews and web thumbnail reviews, ensure accuracy and placement
Oversee review of all catalog and web content for department as released, work with teams to ensure accurate product representation
Maintain knowledge of retail industry trends, shop competition and visit Talbots stores frequently
Work with Allocation partners to analyze performance in store volume group segmentations as well as climate groups
Oversee and attend store floor set layout reviews, ensure accuracy and placement
Requirements:
Bachelor’s degree
5+ of experience in a buying, planning and/or inventory management role
Management experience preferred, with keen ability to develop and motivate team members
Proficiency in Microsoft Office, with intermediate level to advanced Microsoft Excel skills
Innate sense of fashion and ability to analyze and translate trends
Possess analytical skills, ability to draw smart conclusions and make thoughtful recommendations
Strong organizational skills, ability to multitask, prioritize and complete tasks on tight deadlines
Excellent attention to detail, understands importance of accuracy and thorough completion of tasks
Strong communication skills and the ability to work as part of a team
Strong writing and presentation skills
Must be able to thrive in a fast paced, dynamic environment
Must be a creative and critical thinker, with the ability to problem solve
Must be self-motivated, driven to succeed and have a passion for learning
What we offer:
You will be eligible to receive a merchandise discount at select KnitWell Group brands, subject to each brand’s discount policies
Support for your individual development plus opportunities for career mobility within our family of brands
A culture of giving back – local volunteer opportunities, annual donation and volunteer match to eligible nonprofit organizations, and philanthropic activities to support our communities
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