Full-Time

Merchant – Live Goods

Posted on 12/16/2024

Lowe's

Lowe's

10,001+ employees

Hardware
Consumer Goods

Senior

Huntersville, NC, USA

Category
Product Management
Product
Requirements
  • Bachelor's Degree Related Field and 5 years Merchandising experience
  • 3 years Merchandising experience
Responsibilities
  • Responsible for the P&L performance of assigned product category and has buying responsibility
  • Creates direction and strategy for assigned category-specific products that exceeds customer expectations and meets Product Line Review objectives
  • Create appealing product assortments and pricing strategies in assigned categories that align with brand vision/strategy and through an omni-channel lens, such as market localization and partnering with online merchandising
  • Translates strategy into actionable tactics that execute and meet or exceed objectives including sales, gross margin dollar, and inventory turn
  • Provides support and direction to support functions and merchandising team including performance management, accountability and coaching, and makes hiring decisions
  • Maintains an effective, day-to-day relationship with vendors, negotiations, providing feedback, and acquiring new relationships
  • Maintain industry expertise to stay aware of new trends/business to optimize product category success
  • Maintain strong, effective relationships with vendors to drive innovation and product development

Company Stage

IPO

Total Funding

$136.1M

Headquarters

Mooresville, North Carolina

Founded

1946

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased headcount supports Lowe's expansion and service capabilities.
  • Focus on smart home products aligns with rising consumer preferences.
  • Growing DIY market presents opportunities for Lowe's extensive product range.

What critics are saying

  • Competition from Home Depot's same-day delivery may impact Lowe's market share.
  • Rising raw material costs could squeeze Lowe's profit margins.
  • Labor shortages may challenge Lowe's ability to maintain service levels.

What makes Lowe's unique

  • Lowe's launched the Aging in Place Program, offering age-friendly design products.
  • Partnership with Instacart enables one-hour delivery in select markets.
  • Origin21 brand introduces modern style exclusive products to Lowe's offerings.

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