Your Impact
The Senior Merchant is responsible for managing all aspects of their assigned product categories, including internal and external factors that may impact the business. This role will develop, motivate, and coach merchants and specialists in negotiation and skills that will grow assigned categories. The Senior Merchant will build product categories that exceed customer expectations and achieve financial goals. The Senior Merchant will manage their assigned product assortments within the direction and objectives set forth by their MVP/DMM, including leading a team of direct reports, ranging from 2 to 6 associates with responsibility for making hiring decisions including hiring and terminations, performance management and coaching.
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What you will do
• Accountable for P&L and buying responsibility for assigned product categories
• Develops innovative strategies and 3-year roadmaps that improve product category performance
• Translates strategy into actionable tactics and drives execution
• Understanding of existing and potential customer needs to identify products and services that exceed customer expectations
• Assist in developing Associate Merchant skills in negotiation and buying, and provides support to Merchandising Specialists
• Maintains strong, effective relationships with local vendor team and senior leadership
• Partners for specific category tactics and execution
• Execute on merchandising strategy for assigned product groups that meets or exceeds financial goals, including sales, gross margin dollar, and inventory turn, for assigned segment of business and multiple product groups
• Leads both direct and indirect reports and is responsible for making hiring decisions, performance management, coaching, and terminations. Responsible for providing feedback and accountability to support functions and with vendors.
• Maintain strong, effective relationships with vendors to drive innovation and product development
Required Qualifications:
• Bachelor's Degree related field and 5 years Merchant experience
• 3 years' experience in Merchandising
Preferred Qualifications:
• Experience with P&L responsibility
• Demonstrated experience in retail buying at large or big box retailer
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.
Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.