Job Description
Elevate the Future of Retail with Lumina
Lumina Retail Group is redefining the modern shopping experience. We are currently seeking a strategic and analytical Senior Merchandising Manager to oversee our flagship operations in New York City. In this pivotal role, you will bridge the gap between creative vision and data-driven execution, ensuring our inventory strategy maximizes both customer satisfaction and profitability.
Why Join Us?
- Innovative Culture: Work in a fast-paced environment that values creativity and analytical rigor.
- Professional Growth: Access to leadership training and career progression opportunities.
- Impact: Directly influence the assortment and sales performance of high-profile product lines.
If you have a passion for retail trends and possess a keen eye for detail, we want to hear from you.
Responsibilities
- Analyze sales data, market trends, and consumer behavior to drive inventory decisions and optimize assortment planning.
- Collaborate closely with the Design and Sourcing teams to ensure product development aligns with current market demands.
- Manage inventory levels, stock flow, and replenishment strategies to minimize markdowns and maximize sell-through rates.
- Develop and execute financial plans, including open-to-buy (OTB) budgets and profit and loss (P&L) responsibility.
- Lead cross-functional meetings to communicate merchandising strategies to store managers and regional directors.
- Monitor key performance indicators (KPIs) such as sell-through, GMROI, and sell-out velocity.
Qualifications
- Bachelor’s degree in Business Administration, Fashion Merchandising, or a related field.
- Minimum of 5 years of experience in retail merchandising or buying, preferably in a fast-paced environment.
- Proficiency in Microsoft Excel (pivot tables, VLOOKUP) and ERP systems (e.g., SAP, Oracle, or similar).
- Strong analytical skills with the ability to interpret complex data sets to make actionable business decisions.
- Demonstrated leadership experience and the ability to manage multiple projects simultaneously under tight deadlines.
- Excellent communication and interpersonal skills.