Lowe’s

Senior Merchant

Lowe’s$90K — $120K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience
  • 5 years of Merchant experience
  • 3 years in Merchandising
  • Experience managing P&L responsibilities
  • Background in retail buying at large or big box retailers

Responsibilities

  • Accountable for P&L and buying responsibilities for assigned product categories
  • Develop innovative strategies and 3-year roadmaps to enhance product category performance
  • Translate strategy into actionable tactics and drive execution
  • Identify and exceed customer expectations through product and service offerings
  • Develop Associate Merchant skills and support Merchandising Specialists
  • Maintain strong relationships with local vendors and senior leadership
  • Execute merchandising strategy for assigned products to achieve financial goals

Benefits

  • Opportunities for team leadership and mentorship
  • A focus on innovative product development
  • Collaborative work environment with vendor partnerships
  • Accountability in managing financial performance goals
Full Job Description
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.

What You Will Do
  • 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

Minimum Qualifications
  • 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

Preferred Skills/Education
  • experience with P&L responsibility
  • Demonstrated experience in retail buying at large or big box retailer


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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