Full-Time
Skechers
5,001-10,000 employees
Designs and markets lifestyle and performance footwear
Compensation Overview
$18.58 - $19.71/hr
Entry, Junior
Norwich, CT, USA
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- Ability and desire to foster a respectful, safe, and fun environment for Skechers store employees.
- Enjoys solving problems, acts with a sense of urgency.
- Comfortable communicating with all levels of the store team.
- Flexible and motivated to provide excellent customer service.
- Provide an exceptional customer service, greeting customers and advising them on Skechers’ products.
- Executes detailed stock and product management routines; merchandising, stocking, and cleaning – whatever it takes to create a premier shopping experience for the customer.
- Help train store employees on product knowledge and visual marketing standards.
- Keeps an overview of daily operations and troubleshoots any concerns with store management.
- May be responsible for the opening and closing of the store as needed.
- Retail, restaurant, or hospitality experience preferred but not required.
Skechers designs and sells a wide range of footwear, apparel, and accessories for men, women, and children. Their products are created with an emphasis on style, comfort, and quality, making them suitable for both everyday wear and performance activities. Skechers stands out from its competitors by offering a diverse product portfolio at reasonable prices, ensuring that customers can find stylish and comfortable options without breaking the bank. The company's goal is to provide high-quality products that meet the needs of a global audience while maintaining a focus on innovation and customer satisfaction.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Manhattan Beach, California
Founded
1992
Simplify's Take
What believers are saying
- 3G Capital's acquisition may boost Skechers' digital transformation and global expansion.
- Opening the 5,000th store in Bogotá reflects growth in emerging markets.
- Skechers' participation in Coachella enhances its appeal to younger consumers.
What critics are saying
- Competition from 3G-backed On Running may cause internal resource conflicts.
- AI assistant Luna could face privacy concerns affecting customer trust.
- 3G Capital's acquisition might disrupt Skechers' existing business operations.
What makes Skechers unique
- Skechers integrates AI with 'Luna' to enhance retail customer experience.
- The company focuses on comfort technology, meeting consumer demand for stylish, functional footwear.
- Skechers' lifestyle branding targets younger demographics through high-profile events like Coachella.
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Benefits
Flexible Work Hours
Company News
3G Capital, led by Jorge Paulo Lemann, Marcel Telles, and Carlos Alberto Sicupira, announced the acquisition of Skechers for $9.4 billion. This move expands their footwear investments, complementing their stake in On Running, a Swiss performance shoe brand. The Lemann family has been involved with On since 2018, and the brand went public in 2021, reaching a market value of over $9 billion. The acquisition positions 3G in both mass market and premium segments.
Skechers opened its 5,000th store in Bogotá, Colombia in February 2024.
Skechers U.S.A. is set to be acquired by 3G Capital for $8.2 billion, according to Bloomberg. This acquisition will take the company private amid ongoing trade tensions. The deal has led to a 25% rise in Skechers' shares, as reported by CNBC. Other sources mention varying acquisition figures, with KTLA citing $9.4 billion and Axios reporting $9 billion.
3G Capital, an American-Brazilian investment group, has agreed to acquire the American footwear company Skechers for approximately $9.4 billion in cash, according to the Financial Times. The New York-based firm, known for its partnership with Warren Buffett in the Kraft-Heinz merger, is returning to large-scale transactions after a long search for a suitable target.
Skechers has agreed to be acquired by 3G Capital for $63 per share in cash, a 30% premium over its 15-day volume-weighted average stock price. The acquisition will make Skechers a privately held company. The current leadership, including CEO Robert Greenberg, will remain in place. 3G Capital offers an alternative mixed consideration option to existing stockholders. The partnership aims to support Skechers' long-term growth and maintain its focus on style, comfort, quality, and innovation.