Canadian Tire

Category Business Manager

Canadian Tire$79K — $131K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years experience in a merchandising, buying, or analytical role in retail
  • Strong collaborator with proven negotiation skills
  • Excellent presentation abilities tailored to various audiences
  • Understanding of market dynamics in sportswear and outdoor industries is advantageous
  • Proficient in inventory management with financial implications
  • Ability to adapt quickly in a fast-paced and changing retail environment
  • Strong time management and planning skills

Responsibilities

  • Develop and implement category business plans based on sales and industry analysis
  • Collaborate with financial planners on aligning category strategies
  • Create and manage assortment plans through vendor negotiations and product selection
  • Oversee purchase order processes and resolve logistics issues
  • Manage Open-to-Buy and assess inventory productivity
  • Analyze product performance and identify market trends
  • Coordinate advertising strategies including digital media engagement

Benefits

  • Comprehensive benefits and retirement programs
  • Performance incentives and continuing education support
  • Additional wellness perks
  • Career growth opportunities and product discounts
Full Job Description
What you'll do

Reporting to the AVP, the Category Business Manager is the key leader in the Merchandising Strategic Business Unit (SBU). Operating as the business owner for the category, within established policies, procedures, and FGL business goals, the Category Business Manager, Accessories is responsible for the selection, purchase, and allocation of product to achieve category sales, margin and inventory turnover targets. The Category Manager plays a leadership role in driving sales performance through the development and implementation of assortment, allocation and marketing strategies across both in-store and digital channels.

Our Merchandising team is responsible for connecting our quality products and services with our customers. The team uses planning and forecasting frameworks and tools to ensure optimal financial results.

The Category Business Manager is responsible for the curation of product assortments, marketing initiatives and promotional strategy. Development and implementation of the category plans, to effectively deliver and achieve the financial objectives related to the category and the management of inventory targets and deliveries. Our best Category Business Managers are SMEs (subject-matter-experts) who connect well with all key stakeholders and are committed to better understanding our customers by analyzing product, industry and customer data to evolve their merchandising category and enhance the overall customer experience.

To excel as an Category Business Manager, you'll be able to integrate and align to the various cross-functional teams to conduct line reviews, support vendor negotiations and to create customer centric assortments. As an industry expert you will be actively identifying product and market trends within their associated lifecycles, owning product lifecycle decisions and influencing innovation pipelines, leading to your continuous advocacy for innovation and growth within the category.

  • Develop and implement business plans for merchandise categories including analysis of sales, industry trends, building product sales projections, validation of margin targets, inventory levels, and stock turn levels
  • Collaborate with Financial Planners to ensure financial plans align with category strategy
  • Develop and implement assortment plans including the following: store and market analysis, product line reviews with vendors, selection of programs for various banners, establishment of initial store inventory levels, strategic price setting to balance competitiveness and margin, price negotiation, and confirmation of retail pricing
  • Oversees purchase order status including preparation, recording, and tracking of purchase orders as well as the resolution of shipping issues with distribution centers and suppliers
  • Own and manage the category Open-to-Buy and inventory productivity, including analysis of product and store sales, inventory sell through, and receipts
  • Analyze performance by style, react to trends and opportunities
  • Oversee assessment of store inventory levels to provide the Merchandising Allocator support in driving sales and profitability, through the effective management of back stock and in-store inventory
  • Create, manage, and communicate advertising support for both traditional and digital media. Collaborate with the social marketing team to create social engagement strategies for categories
  • Be a Sport Chek ambassador. Speak knowledgably regarding the Sport Chek story, strategic plan, and direction
  • Build and maintain positive relationships with internal and external partners
  • Lead and influence cross-functional partners to deliver category strategies and initiatives
  • Negotiate policy agreements including discounts, payment and freight terms, volume rebates, brand development, co-op advertising and TRM extra project funds
  • Collaborate with the consumer brands division to develop private label products, support retail price point conversation, and approve samples
  • Develop and implement seasonal and annual category strategies
  • Conduct market tours of Sport Chek and competitive retail with the intent to drive continual improvement


What you bring

  • You have 3-5 years of experience in retail in a merchandising/buying/analytical role, or similar role
  • Demonstrated ability to collaborate, influence, and negotiate with colleagues and business members / management
  • Strong presentation skills with demonstrated ability to adjust style and format as required to suit the audience
  • Marketplace knowledge within the sportswear, lifestyle team sports, and outdoor industries, would be an advantage
  • Demonstrated proficiency in inventory practices with an understanding of their financial and operational impacts
  • The ability to challenge and voice concerns, as well as be very adaptable and flexible in a dynamic retail environment
  • Time management and planning skills
  • Work with a sense of urgency and take extreme ownership
  • Entrepreneurial mindset with the ability to manage complexity and adapt in a fast-paced retail environment


We're always looking for great talent! In addition to competitive pay, we offer:

  • Comprehensive benefits and retirement programs
  • Performance incentives, Continuing Education Programs
  • Other perks to support your well-being
  • Career growth opportunities and product discounts


Broadband Salary Range: $79,000 - $131,000 CAD.

Our typical hiring range is between $85,000.00 - $105,000.00 CAD Annual. Salary decisions are also dependent on other factors such as your experience, job-related knowledge, skills and competencies, market location, industry benchmarks, internal equity and other role-specific requirements.

#LI-NV1

This posting represents an existing vacancy within our organization.

We may use artificial intelligence tools as part of our recruitment process to assist in the initial screening of resumes. All hiring decisions, including candidate evaluation, selection, and disposition, are made by human recruiters.

About Canadian Tire

Canadian Tire Corporation, Limited is a Canadian retail company which sells a wide range of automotive, hardware, sports and leisure, and home products. Some stores also sell toys and food products. It operates through a network of more than 1,700 retail and gasoline outlets across Canada. The company was founded in 1922 and is headquartered in Toronto, Ontario.
Learn more about Canadian Tire
Size
13,435 employees
Industry
Founded
1922
NASDAQ

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