Pricing Manager

Lowe's Companies, Inc.•Mooresville, NC
•Onsite

About The Position

The Pricing Manager is a strategic partner to Merchandising, responsible for managing pricing levers—including base pricing, promotions, markdowns, Pro pricing, and credit—across the full product lifecycle for an assigned area. The role serves as a trusted strategic pricing advisor to a Merchandising Vice President and the primary pricing contact for an assigned merchandising division, shaping category strategy through analytics, business acumen, proactive recommendations, and data storytelling. The manager partners with Merchants to translate category strategies into integrated pricing plans that support growth, profitability, and customer value, using advanced analytics, market intelligence, and AI-driven tools to optimize decisions and streamline execution. The position also leads and develops pricing associates and continuously improves pricing processes and practices.

Requirements

  • Bachelor’s degree in Business Administration, Finance, Statistics, or a related field, or equivalent years of experience in lieu of the education requirement, if applicable.
  • 7 years of experience in business, retail, or finance.
  • 5 years of experience in pricing, data analytics, finance, omni-channel retailing, or a related pricing and promotion field; experience working with cross-functional teams, data elements, or financial metrics analysis.
  • 2 years of experience in Price Management, Merchandising, Financial Planning and Analysis, Store Operations, or Logistics; experience as a Lead Merchant and/or Pricing Lead in an omni-channel retail environment; experience working in cross-functional teams, leadership with direct-report responsibility, data elements, or financial metrics analysis.
  • 1 year of direct or indirect leadership experience.

Nice To Haves

  • At least 1 year of experience working closely with senior leadership (VP and above).

Responsibilities

  • Lead development and execution of holistic pricing strategies spanning base pricing, promotions, markdowns, Pro pricing, and credit; partner with Merchandising on the end-to-end pricing agenda and shape a medium- to long-term pricing vision.
  • Advise Merchants on pricing trade-offs, risks, and opportunities using data-driven strategic guidance.
  • Influence decisions with clear recommendations; align pricing with promotional, assortment, and lifecycle strategies; incorporate merchant and customer feedback to improve category performance.
  • Use advanced analytics, AI-driven tools, and financial modeling to assess pricing effectiveness, evaluate automated recommendations, provide actionable insights, simplify analyses, and advance a data-driven test-and-learn culture.
  • Manage pricing throughout the product lifecycle, from introduction to end-of-life, including initial pricing, markdown optimization, and exit strategies.
  • Monitor performance against KPIs, identify gaps, and adjust pricing to achieve margin, sales, and customer outcomes.
  • Partner with Merchandising, Finance, Supply Chain, Operations, Pro, and Technology teams to deliver integrated pricing solutions.
  • Provide functional expertise, independently lead projects, and guide complex or ambiguous initiatives.
  • Manage and develop pricing associates; simplify processes, remove roadblocks, and encourage adoption of new tools, methodologies, and best practices.
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