Chief Retail Strategist
2 days ago
Retail management is a dynamic and fast-paced field, requiring individuals to stay up-to-date with the latest trends and consumer preferences. As Head of Retail and Merchandising at Luminare Consulting, you will be responsible for overseeing merchandising strategies across all retail channels. This role demands strong leadership skills, excellent organizational abilities, and a keen eye for detail.
About the Job:
This senior-level position involves managing merchandise allocation, pricing strategies, and launch planning to optimize stock levels and drive profitability. You will work closely with cross-functional teams to ensure optimal performance and alignment with brand objectives. Additionally, you will be responsible for store profitability, expansion, and new store projects, as well as product development and promotional strategies.
Key Responsibilities:
- Oversight of channel activities to ensure optimal performance and alignment with brand objectives.
- Leadership in merchandise allocation, pricing strategies, and launch planning to optimize stock levels and drive profitability.
- Management of Open-to-Buy (OTB) budgets, product buying events, and inventory control to meet sales forecasts and market demand.
- Overseeing store profitability and ensuring each store meets its goals.
- Development of strategies for store expansion and management of new location openings.
- Leadership in product development, including seasonal trends and market-driven product innovations.
- Design and implementation of effective promotional strategies and activities across all channels to enhance customer engagement and drive sales.
- Establishment and management of collaborations with brands and other strategic partners to enhance brand visibility and market reach.
- Analysis of sales and revenue data to identify trends, create forecasts, and make data-driven recommendations for improvement.
Requirements:
To succeed in this role, you will need proven experience as a Retail Manager or in a similar senior management position. Strong knowledge of retail management and merchandising best practices is essential. Excellent leadership and communication skills are also required, along with exceptional organizational abilities and commercial acumen.
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