Full-Time

Associate Merchant

Building Materials

Posted on 11/19/2024

Lowe's

Lowe's

10,001+ employees

Industrial & Manufacturing
Consumer Goods

Entry, Junior

Huntersville, NC, USA

Category
Product Management
Product
Requirements
  • Bachelor's Degree Related Field
  • 1-2 Years Professional or retail experience
Responsibilities
  • Responsible for specified portion of product assortments and groups
  • Supports Merchant teams and executes tasks to deliver on strategic objectives
  • Partners with leader and cross-functional partners to assist in building product assortment and lines for specified categories
  • Analyze business trends and identify areas of opportunities and provide recommendations for improvements to the Merchant teams
  • Helps manage relationships and facilitate vendor interactions working closely with Merchant/Sr. Merchant
  • Builds and maintains strong understanding of the industry
  • Partners for specific category tactics and execution
  • May make product decisions for assigned product category groups

Company Stage

IPO

Total Funding

$136.1M

Headquarters

Mooresville, North Carolina

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Lowe's significant 135% increase in e-commerce sales indicates strong growth potential in the digital retail space.
  • The 'Season of Savings' initiative could drive increased customer engagement and sales during key shopping periods.
  • Opening new fulfillment centers and distribution hubs positions Lowe's to efficiently meet rising online demand and improve delivery times.

What critics are saying

  • The reliance on an old housing stock for growth may be vulnerable to fluctuations in the real estate market.
  • Intense competition from Home Depot and other retailers could pressure Lowe's to continuously innovate and maintain competitive pricing.

What makes Lowe's unique

  • Lowe's is leveraging its extensive physical presence with new tool rental departments and in-store kiosks, setting it apart from purely online competitors.
  • The company's strategic sponsorship at New York Fashion Week highlights its innovative approach to brand positioning in the home improvement sector.
  • Lowe's focus on expanding its logistics and fulfillment infrastructure demonstrates a commitment to enhancing e-commerce capabilities, unlike some competitors who may not prioritize this integration.

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