VP, Merchandising

Slumberland Furniture • Oakdale, MN

33d • Hybrid

About The Position

The VP of Merchandising leads the merchandising strategy, product assortment, pricing, and lifecycle management for Slumberland across all channels. This role is accountable for delivering a compelling, profitable, and differentiated product offering that drives traffic, conversion, and margin. The VP ensures strong alignment across Supply Chain, Marketing, Sales, and Finance to connect product decisions to in-stock performance, customer demand, and overall business results.

Requirements

• Bachelor's Degree in related field and seven to ten years of related experience; or equivalent combination of training, education and experience.
• Ability to occasionally lift and/or move up to 10 pounds.
• Utilize senses such as vision, speech and hearing.
• Travel is required.

Responsibilities

• Develop and execute a merchandising strategy that supports revenue growth, margin targets, and brand positioning.
• Own the end-to-end product lifecycle: selection, launch, performance management, and exit.
• Ensure assortment reflects customer needs and trends, competitive positioning, and Slumberland brand identity.
• Balance top-line growth, margin, and inventory productivity.
• Define and manage category strategies and assortment architecture.
• Establish clear pricing and promotional strategies aligned with margin goals.
• Monitor and actively manage sales performance, margin performance, product turns and productivity.
• Make timely decisions on product expansion, optimization, or exit.
• Ensure strong discipline around product testing and rollout.
• Partner closely with Supply Chain to ensure strong in-stock position by category and clear visibility into product availability and timelines.
• Align on forecasting, commitments, and inventory strategy.
• Take shared ownership of inventory outcomes, not just product selection.
• Ensure product strategies are operationally executable.
• Own strategic vendor relationships and sourcing strategy.
• Negotiate and manage cost, terms, exclusivity and differentiation opportunities.
• Build partnerships that support innovation, speed to market, and competitive advantage.
• Hold vendors accountable through clear expectations and performance metrics.
• Lead development of store environment and product presentation standards.
• Ensure alignment between product, visual merchandising, and customer experience.
• Partner with Marketing and Sales to create a consistent and compelling in-store and online experience.
• Drive clarity on how product is shown, sold, and supported in stores.
• Act as a core driver of the business, working closely with President, Supply Chain, Marketing, Sales, and Finance.
• Ensure strong alignment between product decisions and business execution.
• Eliminate silos and drive team-first decision making.
• Build and lead a high-performing merchandising team.
• Set clear expectations around ownership, urgency, decision-making, and follow-through.
• Develop team capabilities in category management, financial acumen, and product strategy.
• Ensure strong bench strength and succession planning.
• Provide clear, timely, and actionable communication to leadership regarding product performance, risks and opportunities, and key decisions needed.
• Be a visible and engaged leader across the organization.
• Actively participate in leadership forums and strategic discussions.
• Ensure merchandising is well understood across all functions.
• Own merchandising KPIs, including sales and comp performance, gross margin, inventory turns, and product productivity.
• Deliver monthly executive-level reporting on what happened, why it happened, and what actions are being taken.
• Partner with Finance on forecasting and financial planning.
• Manage and optimize the merchandising budget and vendor investments.

Benefits

• Medical, Dental, Vision, and more
• Unlimited PTO
• 401K Retirement and Profit Sharing
• Yearly bonus potential
• Car and cell phone allowance
• Tuition Reimbursement
• Generous Merchandise Discount
• Potential Franchise Ownership
• No-cost mental health and wellbeing support through our Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Executive