Merchandising Director, Living Room

Company: Caracole Home
Location: Greensboro
Posted on: September 15, 2023

Job Description:

CompanyCaracole is a renowned leader in the luxury furniture and home dcor industry, known for our innovative designs and commitment to quality craftsmanship.Caracole is part of the Vivet Inc. portfolio of luxury furniture brands that include A.R.T., Caracole, Jonathan Charles, and Rowe Furniture. The company is based in High Point & Greensboro NC.Position SummaryThe Merchandising Director will play a pivotal role in driving the product assortment strategy and inventory management. The position will report to the EVP of Merchandising and will lead merchandising analysis and work collaboratively with cross-functional departments to achieve Caracoles business objectives. The Merchandising Director will develop merchandising plans and pricing structure. Design of operational systems to achieve financial objectives to deliver assortments that meet customer and distribution needs will be a key priority. The role requires the utilization of sales and trend analytics to develop strategies for a variety of merchandise categories to optimize product assortments. The analysis will support the development of strategies for new merchandise categories and optimize product sales.Job Responsibilities

• Merchandising Strategy: Collaborate with the EVP of Merchandising to develop and execute a comprehensive merchandising strategy that aligns with the company's vision, market trends, and customer preferences.
• Product Creation: Develop, curate, and manage a diverse and high-quality product assortment that reflects Caracole's brand identity, resonates with our target audience and drives sales growth.
• Inventory Management: Oversee inventory planning, allocation, and replenishment to optimize stock levels, minimize stock-outs, and reduce excess inventory.
• Price Optimization: Analyze pricing strategies, implement pricing adjustments, and monitor market dynamics to maximize profitability while maintaining our luxury positioning.
• Team Leadership: Lead, mentor, and develop high-performing merchandising analysts while fostering a culture of creativity, collaboration, and excellence.
• Data Analysis: Utilize data-driven insights to make informed decisions, track key performance metrics, and identify opportunities for improvement.
• Market Research: Stay abreast of industry trends, consumer behavior, and competitive landscape to adapt strategies and capitalize on emerging opportunities.
• Cross-functional collaboration: Collaborate closely with marketing, sales, operations, and design teams to ensure seamless execution of merchandising strategies and promotional initiatives.
• Budget Management: Manage the merchandising budget effectively to ensure efficient resource allocation and cost control.Required Skills & Qualifications

• Bachelors degree in business administration, Merchandising, or a related field (masters degree preferred).
• Seven (7) years of progressive experience in merchandising, with two (2) years in a leadership role.
• Proven track record of successfully implementing strategic merchandising initiatives.
• Exceptional leadership, team management, and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Effective negotiation skills
• Proficiency in using merchandising software and data analysis tools.
• Excellent communication and presentation skills. Results-oriented mindset with a focus on achieving revenue and margin targets.Other requirements
  • On-site in Greensboro & High Point, NCDirect Reports
    • Yes

Keywords: Caracole Home, Greensboro , Merchandising Director, Living Room, Executive , Greensboro, North Carolina