Full-Time

Store Manager

San Francisco, Relocation Required and Supported

Posted on 11/19/2024

Mejuri

Mejuri

501-1,000 employees

Handcrafted fine jewelry for everyday wear

Consumer Goods

Compensation Overview

$80k - $95kAnnually

Mid

San Francisco, CA, USA + 1 more

More locations: San Jose, CA, USA

Relocation support provided for the successful candidate.

Category
Field Sales
Sales & Account Management
Required Skills
Inventory Management
Marketing
Customer Service
Data Analysis
Requirements
  • Experience in high volume store in retail.
  • Understanding of local market and requirements relevant to new store openings.
  • Financial management experience with success in driving top-line sales, interpreting reporting data, managing payroll budgets, and controlling expenses.
  • Exceptional leadership capabilities with a track record of attracting, developing, and motivating top talent, swiftly adapting to change, and leading others through the fast paced environments.
  • Demonstrated understanding of service excellence in a consumer environment.
  • Excellent communication skills.
  • Deep local knowledge and informed of trends in retail, you’re well connected, and you know how to navigate and grow your network to get the introductions you need.
  • Desire to work in a fast paced, entrepreneurial environment –you understand the importance of experimentation and iteration.
  • Bonus: you’ve opened a store from scratch.
  • Bonus: you’ve worked at a start-up or fast growing company.
Responsibilities
  • Responsible for the financial health and profitability of your store, driving revenue and exceeding targets.
  • Responsible for managing store’s spend & seeks opportunities to minimize costs.
  • Review and monitor daily, weekly, monthly business and people results and create strategic plans in partnership with the District Manager to achieve ideal targets.
  • Support store team in setting and achieving KPI goals, by driving a culture of performance, cost awareness and accountability. Develop the required business acumen to analyze results and plan & execute for improvement.
  • Responsible for mitigating risk within store, identifying and resolving all gaps or roadblocks to profitability & protecting our assets including internal & external theft, inventory accuracy & shrink.
  • Form partnership & provide regular feedback to the Visual Merchandising team to ensure all locations have the correct assortment, depth & breadth, designed to drive profitability & sales.
  • Ensure that we have the right people in the right positions at the right time and in the right quantities across your store.
  • Validate and participate in the sourcing, assessment, and selection of talent to build the infrastructure necessary to sustain and grow our scaling business.
  • Validate and participate in the successful integration and onboarding of new talent to our store.
  • Validate the regular and accurate assessment of our people against performance review criteria and KPIs.
  • Build healthy relationships with our people and establish a positive and engaging work environment.
  • Ensure that store schedules are supported with high quality and accurate inputs and uphold the standards of responsible live-week management.
  • Nurture a sustainable talent pipeline by providing store teams access to learning opportunities to prepare them for success in both current, and future, opportunities.
  • Validate and uphold the Mejuri compensation philosophy, ensuring that employees are compensated appropriately for their performance.
  • Validate that high performing employees are retained and low performing employees are amicably exited.
  • Adhere to and validate our compliance practices and partner with People Operations to resolve escalations as they arise.
  • Lead by example and validate the quality of the in-store customer experience by communicating, training, and upholding expectations on the team on Mejuri’s Steps of Selling.
  • Provide in-store coaching to staff & Assistant Store Manager, working alongside them to demonstrate best practices in hosting, customer service and product knowledge.
  • Lead and validate client strategy to build lasting relationships with existing customers and drive new customer acquisition.
  • Ensure positive customer experience and promotion of services offerings including piercing, engraving, and other offerings.
  • Act as an ambassador of Mejuri’s culture and values within and outside the company.
  • Identify opportunities for marketing initiatives to drive new & repeat customers and community engagement at the store level.
  • Partner with Marketing & Store Services teams to host 1 event per quarter at each store location (including Fine Crew & Piercing events).
  • Identify opportunities to build and maintain relationships within local communities to drive brand awareness.
  • Responsible for providing day-to-day support to store team to ensure all objectives are achieved, operational, brand and product standards are maintained & store teams are set up for success.
  • Identify and escalate opportunities, gaps, risks and roadblocks with urgency and partner as needed with cross functional teams to resolve.
  • Partner with Operations teams to hold successful inventory & cycle counts on a monthly basis, ensuring teams have proper technology in place and troubleshooting guidance where needed.
  • Champion best practices and execute the maintenance of all store functions ensuring locations are able to operate seamlessly, on time and achieve the desired objectives & KPIs.

Mejuri offers handcrafted fine jewelry designed for everyday wear, including gold and silver pieces. The company eliminates traditional retail markups, making high-quality jewelry more affordable for a wider audience. Mejuri primarily targets fashion-oriented women who appreciate unique and trendy designs, releasing new jewelry editions weekly to keep the collection fresh. Operating as a direct-to-consumer brand, Mejuri sells its products through its website, allowing for better control over customer experience and pricing. The company enhances customer satisfaction with free shipping and returns, positioning itself as a go-to brand for stylish and accessible fine jewelry.

Company Stage

Series B

Total Funding

$28.2M

Headquarters

Toronto, Canada

Founded

2013

Growth & Insights
Headcount

6 month growth

8%

1 year growth

2%

2 year growth

13%
Simplify Jobs

Simplify's Take

What believers are saying

  • Mejuri's partnerships with companies like Regeneration and MKS PAMP highlight its dedication to ethical sourcing and environmental responsibility.
  • The launch of sustainable, lab-grown diamonds and regenerated gold collections positions Mejuri as a leader in eco-friendly fine jewelry.
  • Collaborations with high-profile personalities and brands, such as Renée Rapp and GANNI, enhance Mejuri's brand visibility and appeal.

What critics are saying

  • The fine jewelry market is highly competitive, and maintaining differentiation through sustainability and ethical practices may be challenging as more brands adopt similar strategies.
  • Frequent new releases require constant innovation and can strain resources, potentially impacting product quality or brand consistency.

What makes Mejuri unique

  • Mejuri's direct-to-consumer model allows it to offer high-quality, handcrafted fine jewelry at more accessible prices by eliminating traditional retail markups.
  • The company’s commitment to sustainability, as evidenced by its use of traceable and regenerated gold, sets it apart in the fine jewelry market.
  • Weekly releases of new jewelry collections keep the brand fresh and appealing to trend-conscious buyers, unlike traditional jewelers who have less frequent updates.

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