Product Manager, Retail Operations

Welcome to Foot Locker, the premier destination for all things sneakers and streetwear. We are currently seeking a dynamic and experienced Product Manager to join our Retail Operations team. As a Product Manager, you will play a crucial role in driving the success of our retail stores by developing and implementing effective strategies for product assortment and inventory management. We are looking for a driven and detail-oriented individual who is passionate about the retail industry and has a strong understanding of consumer behavior and market trends. If you have a proven track record of driving sales and maximizing profitability, then we want you to join our team at Foot Locker.

1. Develop and implement effective product assortment strategies for all Foot Locker stores.
2. Conduct market research and analysis to identify consumer trends and preferences in the retail industry.
3. Collaborate with cross-functional teams, including buying, merchandising, and marketing, to create and execute product plans.
4. Manage inventory levels and ensure product availability to meet customer demand.
5. Monitor sales performance and make data-driven decisions to optimize product assortment.
6. Develop and maintain strong relationships with vendors to negotiate favorable terms and pricing.
7. Stay updated on industry trends and competitors to make strategic recommendations for product assortment and pricing.
8. Work closely with store managers to ensure proper training and understanding of product offerings.
9. Analyze sales data to identify areas of improvement and implement strategies to increase profitability.
10. Provide regular reports to upper management on product performance and sales trends.
11. Oversee product lifecycle, from initial planning to clearance, to ensure maximum profitability.
12. Lead and manage a team of product associates, providing guidance and support to ensure the success of the product department.
13. Continuously monitor and adjust strategies to adapt to changing market conditions and consumer behavior.
14. Represent Foot Locker at industry events and trade shows to stay updated on emerging trends and products.
15. Uphold and promote the Foot Locker brand and values through all product-related decisions and actions.

According to JobzMall, the average salary range for a Product Manager, Retail Operations in Los Angeles, CA, USA is between $80,000 and $120,000 per year. However, this can vary based on factors such as the size and profitability of the retail company, the candidate's level of experience and education, and the specific responsibilities of the role. Additionally, bonuses and other forms of compensation may also impact the overall salary.

Foot Locker Retail, Inc. is an American sportswear and footwear retailer, with its headquarters in Midtown Manhattan, New York City, and operating in 28 countries worldwide.