Director of Retail

MGM Resorts International

6d

About The Position

The SHOW comes alive at MGM Resorts International Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests. THE JOB: The Director of Retail Merchandising will develop and execute merchandising strategies, plans, and ideas for all MGM Resorts International properties, through their leadership within the Retail Center of Excellence (COE). The Director will oversee the implementation of retail displays enterprise-wide and determine the type of merchandise to be featured for each display. All duties are to be performed in accordance with the department and MGM Resorts International policies, practices and procedures.

Requirements

• The ideal candidate will have at least 4 years of experience (7+ preferred) in a high-end retail or fine jewelry environment.
• You should have a strong background in fashion merchandising and a mastery of retail math, including gross margin, inventory turn, weeks of supply, and sell-through percentages.
• As a detail-oriented leader, you thrive in fast-paced settings and can balance creative product selection with rigorous financial analysis.

Nice To Haves

• A Bachelor’s degree in Fashion, Merchandising, or a related field is preferred.

Responsibilities

• Develops the strategies, plans and ideas for all merchandise displays across all MGM Resorts International properties.
• Oversees the implementation of all displays; creates the timeline/schedule of seasonal changes and new product introductions; determines the type of merchandise to be featured for each display.
• Oversees the merchandise budgets that include sales, gross margins, inventory levels, weeks of supply, and turns; accesses current state of business and provides future forecasts to sales, markdowns, receipt flow & stock balances.
• Evaluates and selects vendors based on price, quality, service, availability, production capabilities, and reputation to build market strategies to support assortments and maximize financial plans.
• Authorizes all purchase orders & all price changes by department.
• Directs, evaluates and builds merchandise assortments, pricing strategies, and product specific initiatives and identify growth opportunities in assigned business categories; determines optimal assortment plans by category/brand, sku count and store to maximize revenue per square/linear feet while maintaining visual standards.
• Researches and evaluates data on customer demographics, preferences, trends, competitive shopping analysis, needs, and buying habits to identify potential markets, new vendors, new products, and new product concepts; stays abreast of competitor assortments and pricing strategies.
• Leads, mentors, trains, and develops a merchandising team to leverage strengths and improve abilities by providing support, feedback, coaching.

Benefits

• Wellness incentive programs to help you stay healthy physically and mentally
• Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more
• Free meals in our employee dining room
• Free parking
• Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees