Divisional Merchandising Manager directs and develops merchandising plans and operational systems to achieve financial objectives. Utilizes sales, research, and trend analytics to develop strategies for merchandise categories and optimize product assortments. Being a Divisional Merchandising Manager develops merchandise plans and pricing that support key strategic initiatives, launches, top sellers, seasonal campaigns, and trends. Partners across functions to manage vendor relationships, identify new vendors, and negotiate favorable contract terms. Additionally, Divisional Merchandising Manager requires a bachelor's degree in marketing, merchandising, business or other related field. Typically reports to top management. The Divisional Merchandising Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Divisional Merchandising Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Job Summary
The DMM is responsible for the selection and assortment of product within their respective area of responsibility. This role will build, communicate and execute a merchant strategy that meets or exceeds financial goals, in support of the VP's overall strategy and business imperatives. The DMM will be responsible for leading, inspiring, and developing a team of direct reports including hiring, termination, performance management, coaching, and feedback. The DMM manages both vendor and support partner relationships to create a culture of collaboration, productivity, and accountability.
Key Responsibilities
Required Qualifications
Preferred Qualifications
About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.
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.
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