The LPS Merchant is responsible for managing all aspects of their assigned product categories, including internal and external factors that may impact the business. This role leads an Associate Merchant. The Merchant plays a crucial role in managing and optimizing product assortments within their assigned category, driving sales, enhancing customer satisfaction, and achieving overall business objectives.
Essential Functions:
•\tLeads an Associate Merchant and assists with recruiting, selection, development, and performance management.
•\tConducts market analysis to identify trends, competitor offerings, and customer localization opportunities to drive strategy for assigned product categories.
•\tExecute weekly, monthly, quarterly, and annual product line reviews or business reviews to assess performance and align strategies.
•\tProvides feedback on product performance and customer feedback to senior leadership.
•\tAssists with the Request for Proposal(RFP)process
•\tEnsure product information is accurate and updated on the Lowes Pro Supply website and all marketing collateral.
•\tAttends industry and customer trade shows as well as supplier factory visits.
•\tMaintains industry expertise to stay aware of new trends/business to optimize product category success.
•\tResponsible for maintaining strong, effective relationships with vendors, managing day to day operations.
•\tCollaborate with inventory, marketing, finance, and corporate merchants to drive product management initiatives and promotional strategies.
•\tCollaborates with Marketing team on visual presentation and creative development for product packing and promotions
Minimum Qualifications:
•\tBachelor’s degree in Business, Marketing, Retail Management, or a related field or 3-5 years of experience in merchandising, retail or a related field or equivalent experience.
•\tBasic understanding of the market, product trends, and customer preferences relevant to their specific category.
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.