Merchandise Manager

We are seeking a highly motivated and experienced Merchandise Manager to join our team at Forman Mills. As a Merchandise Manager, you will play a crucial role in the success of our company by overseeing the buying, planning, and merchandising of our products. Your passion for retail and strong leadership skills will be key in driving sales and achieving our business goals. If you are a dynamic individual with a keen eye for trends and a knack for maximizing profits, we want you on our team. Join us at Forman Mills and be a part of a dynamic and fast-paced retail environment.

1. Develop and execute merchandise strategies to meet business objectives and drive sales growth.
2. Lead a team of buyers and planners to ensure timely and accurate product procurement and inventory management.
3. Analyze sales data and market trends to make informed buying decisions and optimize product assortment.
4. Create and maintain strong relationships with vendors to negotiate favorable terms and pricing.
5. Collaborate with cross-functional teams, such as marketing and store operations, to ensure alignment of merchandise plans with overall business strategies.
6. Conduct regular store visits and communicate with store managers to gather feedback and identify opportunities for improvement.
7. Develop and implement pricing and promotional strategies to drive traffic and maximize profits.
8. Monitor and analyze sales performance, inventory levels, and market trends to identify risks and opportunities and take appropriate action.
9. Train, mentor, and motivate team members to ensure high performance and continuous development.
10. Stay up-to-date with industry trends, competitor activities, and customer preferences to inform merchandise decisions and drive innovation.
11. Ensure compliance with company policies, procedures, and standards in all merchandise-related activities.
12. Manage budgets and financial targets to achieve desired margins and profitability.
13. Drive a positive and inclusive work culture that fosters teamwork, collaboration, and accountability.
14. Represent the company in a professional manner at industry events, trade shows, and vendor meetings.
15. Continuously seek out and implement process improvements to enhance merchandise operations and efficiency.

According to JobzMall, the average salary range for a Merchandise Manager in Philadelphia, PA, USA is between $65,000 and $90,000 per year. However, this can vary depending on factors such as the company, industry, and level of experience. Some Merchandise Managers may earn over $100,000 per year in Philadelphia.

Forman Mills, Inc. is a Pennsauken, New Jersey-based retail chain and department store with 44 stores. They also operate a store at the Iverson Mall in Hillcrest Heights, Maryland. The chain is known for their low-priced clothing such as shirts, pants, shorts, capri pants, and hats.