Lowe’s

Merchant

Lowe’s$80K — $95K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in related field or equivalent experience
  • 5 years of merchandising experience
  • 3 years of specific merchandising experience
  • Experience in retail buying, particularly at large or big box retailers
  • Cross-functional rotation experience outside core merchandising (preferred)

Responsibilities

  • Oversee P&L performance for assigned product categories and manage buying responsibilities
  • Develop category-specific strategies that surpass customer expectations
  • Create compelling product assortments and pricing strategies while considering market localization
  • Transform strategy into actionable plans to achieve sales, margin, and inventory targets
  • Support and guide the merchandising team with performance accountability and coaching
  • Establish strong vendor relationships for effective negotiation and feedback
  • Stay updated on industry trends to enhance product category success

Benefits

  • Opportunity for significant ownership of product categories
  • Collaborative work environment with direct reports
  • Potential for career advancement through performance management
  • Access to ongoing training and professional development
Full Job Description
Your Impact

Merchants are responsible for all aspects of daily business within their assigned product assortments. This role will have financial accountability, including P&L and buying responsibility for assigned products. Merchants will innovatively solve for customer needs, grow market share, capitalize on business and product opportunities, improve upon merchandising localization and merchandising productivity. The Merchant will manage their assigned product assortments within the direction and objectives set forth by their MVP/DMM. The Merchant may have a team of direct reports, ranging from 1 to 3 associates with responsibility for making hiring decisions including hiring and terminations, performance management and coaching.

What You Will Do
  • Responsible for the P&L performance of assigned product category and has buying responsibilty
  • Create direction and strategy for assigned category-specific products that exceeds customer expectations and meets Product Line Review objectives
  • Create appealing product assortments and pricing strategies in assigned categories that align with brand vision/strategy and through an omni-channel lens, such as market localization and partnering with online merchandising
  • Translate strategy into actionable tactics that execute and meet or exceed objectives including sales, gross margin dollar, and inventory turn
  • Provide support and direction to support functions and merchandising team including performance management, accountability and coaching, and makes hiring decisions
  • Maintain an effective, day-to-day relationship with vendors, negotiations, providing feedback, and acquiring new relationships
  • Maintain industry expertise to stay aware of new trends/business to optimize product category success
  • Maintain strong, effective relationships with vendors to drive innovation and product development


Minimum Qualifications
  • Bachelor's degree Related Field or equivalent years of experience in lieu of education requirement, if applicable
  • 5 Years Merchandising Experience
  • 3 Years Merchandising Experience


Preferred Skills/Education
  • Cross-functional rotation experience outside of core merchandising
  • Experience in retail buying at large or big box retail

About Lowe’s

Lowe's Careers

Joining Lowe's means becoming part of a team that is committed to fostering an environment of growth, innovation, and leadership. As one of the leading home improvement companies, Lowe's offers unparalleled job opportunities and a culture that values diversity and professional development. Work You'll Do At Lowe's, your work will directly impact our mission to help people love where they live. Whether you're involved in the direct sales process, product development, or customer service, your role will contribute to our industry-leading standards. Transform Your Career Leverage your skills and drive in a position that empowers you to lead projects and initiatives that redefine the retail experience. Lowe's is at the forefront of the industry, combining retail, technology, and customer service to create unique experiences for consumers. Join a team of dedicated professionals who are there to support your career aspirations and help you grow both personally and professionally. With over 300,000 team members, Lowe's is a place where you can cultivate a career filled with innovation and opportunities. Lowe's Professional Growth and Opportunities We are committed to the professional growth of every team member. Lowe's offers a variety of career paths and opportunities for advancement, including leadership roles in numerous departments. Whether you're seeking a part-time position or a full-time career, Lowe's provides the training and resources needed to advance and excel. Internship Programs Start your career with Lowe's through our dynamic internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that impacts our business. Interns at Lowe's gain invaluable skills, work alongside experienced professionals, and are considered for full-time positions upon successful completion of the program. Benefits and Culture Lowe's is dedicated to maintaining a culture that promotes diversity and inclusion. We offer a comprehensive benefits package that supports the health, well-being, and financial security of our employees and their families. Benefits include health insurance, retirement plans, and employee discounts, among others. Networking and Innovation Stay connected and ahead in your career through Lowe's commitment to innovation and networking. Our team members have access to cutting-edge technology and are encouraged to think outside the box to solve challenges. Networking within the company is supported through various groups and initiatives, fostering connections that can lead to career advancement. Join Our Team Explore the job opportunities at Lowe's that match your skills and interests. We are always looking for passionate, curious, and solution-driven team players. Start your journey with Lowe's today and be part of a company that values hard work and dedication. Stay Up to Date Keep informed with the latest in career tips, company news, and industry insights—all from the people who work at Lowe's. Our careers blog provides valuable content that can help you navigate your professional journey. Job Alert Emails Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Lowe's. SEARCH LOWE'S JOBS At Lowe's, your career is in your hands. Build it with us and be part of a team that is changing the future of retail.
Learn more about Lowe’s
Size
200,000 employees
Market Cap
$120.3 billion
Industry
Net Income
$5.8 billion
Founded
1946
5 Year Trend
+8.2%
Revenue
$89.5 billion
NASDAQ

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