Merchandise Analyst
: Job Details :


Merchandise Analyst

Lids

Location: all cities,IN, USA

Date: 2024-09-15T01:07:24Z

Job Description:

About Our Company

Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the US, Canada, Mexico, Europe, and Australia. Operating out of Indianapolis, IN, our retail stores offer officially licensed headwear and apparel from collegiate and professional sports teams, plus top brands like Nike, New Era, Adidas, and Mitchell & Ness.

We currently operate 1,200+ locations domestically and 50+ internationally, including specialty concept stores for the NBA, NHL, Paris Saint-Germain, and numerous MLB teams. In recent years, Lids has built partnerships with iconic global brands including Marvel, Playboy, and the Harlem Globetrotters, and gained ambassadors like Justin Jefferson, Quavo, and Josephine Skriver – creating a community for both sports fans and fashion lovers.

The company is currently expanding with the goal of becoming the largest licensed brick-and-mortar sports retailer across the globe.

General Position Summary

This position will work to cultivate a solid knowledge of replenishment practices, alignment with merchandising strategies and analytical skill sets to ensure that the right product is at the right stores at the right time. Develop and implement store distribution strategies to support sales and inventory objectives and to ensure department financial goals are met. Partner with buying and planning teams in executing item/program/category strategies to support financial plans.

Principle Duties and Responsibilities

  • Build, develop, execute, and maintain allocation strategies to ensure maximum sell through and profitability on product while minimizing markdowns.
  • Analyze sales trends to ensure stores are in stock on core items, promotional product, new programs, and seasonal merchandise.
  • Identify and rectify stock imbalances in individual stores through the allocation of new receipts and replenishment inventory to maximize the ability of each store to generate sales and margin.
  • Analyze SKU and program productivity to ensure store turn and weeks of supply goals are met; create and develop tiered assortment strategies.
  • Review and analyze distribution center stock position and decide upon action as needed.
  • Ensure all stores have appropriate inventory levels to support presentation and sales while collaborating with cross functional team.
  • Develop optimal store ranking to ensure proper distribution of merchandise.
  • Develop knowledge of geographic and store-attribute performance and trends through analysis and drive results by transferring knowledge into allocation strategies
  • Analyze merchandise performance at the department, team, vendor, item and location level; including analyzing store performance and stock-to-sales ratios on a weekly basis to identify location-specific opportunities and bottlenecks.
  • Communicate / make recommendations regarding store needs, distribution concerns, sizing, team and new store opportunities.
  • Ensure new stores have appropriate inventory levels to support presentation and sales.
  • Other duties as assigned.

    • Job Required Knowledge & Skills

  • Bachelor's Degree in Supply Chain, Business, Finance, Fashion Merchandising, or other related field and/or 1-3 years of applicable retail work experience; prior allocation experience is preferred.
  • Strong analytical skills and the ability to interpret complex data to inform decision-making.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and levels of the organization. Can present ideas and recommendations that lead others to action.
  • Ability to balance conflicting & competing priorities. Delivering a set of options, detailing impacts for each while driving to a single recommendation.
  • Computer skills include proficiency in Microsoft Outlook, Word, and PowerPoint. Intermediate to advanced skills in Microsoft Excel.
  • Results-oriented, willingness to follow through, make informed decisions, complete tasks and problem-solve.
  • Ability to set objectives/goals and organize work appropriately to meet and exceed goals.
  • Uses rigorous logic and thoughtful thinking to effectively identify, address, and resolve challenges.
  • Demonstrated abilities in learning new skills, change/variety in work and creativity; exhibit attention to detail with high degree of accuracy.

    • Reports to

    Allocation Manager

    EEO Statement:

    Hat World, Inc., Lids Holdings, Inc., dba Lids and subsidiaries is an Equal Opportunity Employer and is committed to complying with all federal, state, and local EEO laws. Hat World, Inc., prohibits discrimination against employees and applicants for employment based on the individual's race or color, religion or creed, national origin, alienage or citizenship status, marital status, sex, pregnancy status, age, military status, disability, or any other protected characteristic or class protected by law. Hat World, Inc. provides reasonable accommodation for disabilities in accordance with applicable laws.

    Notice to Applicants:

    In connection with your application, we collect information that identifies, reasonably relates to or describes you (“Personal Information”). The categories of Personal Information that we collect include your name, government issued identification number(s), email address, mailing address, other contact information, emergency contact information, employment history, educational history, criminal record, and demographic information. We collect and use those categories of Personal Information about you for human resources and other business management purposes, including identifying and evaluating you as a candidate for potential or future employment or future contract positions, recordkeeping in relation to recruiting and hiring, conducting criminal background checks as permitted by law, conducting analytics, and ensuring compliance with applicable legal requirements and Company policies.

    Apply Now!

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