Senior Merchant - Power Equipment

Lowe's Companies, Inc.•Mooresville, NC

31d•Onsite

About The Position

This position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up – we invest in you so you can find your inspiration. Your Impact The Senior Merchant is responsible for managing all aspects of their assigned product categories, including internal and external factors that may impact the business. This role will develop, motivate, and coach merchants and specialists in negotiation and skills that will grow assigned categories. The Senior Merchant will build product categories that exceed customer expectations and achieve financial goals. The Senior Merchant will manage their assigned product assortments within the direction and objectives set forth by their MVP/DMM, including leading a team of direct reports, ranging from 2 to 6 associates with responsibility for making hiring decisions including hiring and terminations, performance management and coaching.

Requirements

Bachelor’s degree related field or equivalent years of experience in lieu of education requirement, if applicable
5 Years Merchant Experience
3 Years experience in Merchandising

Nice To Haves

experience with P&L responsibility
Demonstrated experience in retail buying at large or big box retailer

Responsibilities

Accountable for P&L and buying responsibility for assigned product categories
Develops innovative strategies and 3 year roadmaps that improve product category performance
Translates strategy into actionable tactics and drives execution
Understanding of existing and potential customer needs to identify products and services that exceed customer expectations
Assist in developing Associate Merchant skills in negotiation and buying, and provides support to Merchandising Specialists
Maintains strong, effective relationships with local vendor team and senior leadership
Partners for specific category tactics and execution
Execute on merchandising strategy for assigned product groups that meets or exceeds financial goals, including sales, gross margin dollar, and inventory turn, for assigned segment of business and 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