Merchant
Torrid · City of Industry, CA · 2 wk ago
Supply Chain$100k–$130k/yrFull-time
At Torrid we're committed to cultivating a welcoming, inclusive and diverse culture driven by a focus on open dialogue, empowerment, recruiting, training, development and retention. We believe inclusion of diverse backgrounds and perspectives is fundamental to our success.
About the role
Hybrid Schedule - 3 days in-office and 2 days remote. The Merchant will own and manage a key category of the business, driving brand-aligned strategies to exceed financial objectives and customer expectations. This role is pivotal in leading cross-functional teams, analyzing market opportunities, and executing compelling assortments that maximize sales, margin, and inventory turns.
Responsibilities
- Develop and execute seasonal product strategies for a product category, ensuring alignment with consumer trends, sales performance, and market demand.
- Manage the product lifecycle from initial buy to final markdown, analyzing trends, sales data, and customer feedback to optimize assortment and inventory.
- Create strong partnerships among cross-functional areas including Planning, Design, Product Development, Sourcing, Marketing, Site Merchandising Operations, Allocation, and Visual.
- Partner with Sourcing and Product Development to manage the flow and timing of deliveries, ensuring all deliverables are met on a timely basis.
- Set target retails and ensure costs and IMUs align with financial objectives.
- Determine quantities to order by style, size, and color; validate to KPI objectives, Line Plan, and OTB plan.
- Prepare regular reports on sales, inventory, and trends, presenting actionable insights to senior leadership and making recommendations for improvements.
- Continuously monitor KPIs such as sell-through rates, margin performance, and customer feedback, adjusting strategies as necessary.
- Partner with Marketing to understand (Omni) floor set visual placement of product and impact on sales.
- Work with Visual team and Merchant leaders on key initiatives requiring marketing and visual placement.
- Ensure ongoing coordination with Site Merchandising Operations on final assortment and any updates as needed.
- Partner with Store Ops, if necessary, to create applicable training and communication to improve workflow.
- Perform research analysis of the plus-size market to identify trends and opportunities, tailoring insights to enhance the core customer’s experience and identify new growth opportunities and business strategies.
Requirements
- Five (5)+ years of vertical retail buying experience, including fashion categories.
- Proven experience with data analysis, interpretation, and reporting.
- Bachelor’s degree in Merchandising, Business, or related field preferred or equivalent experience.
- Strong understanding of fashion trends, customer behavior, and market dynamics.
- Analytical mindset with the ability to interpret sales data and make informed decisions.
- Exceptional communication, critical thinking, decision-making, negotiation, and relationship-building skills.
- Proficiency in Word, Excel, and Outlook (Microsoft Office Suite).
- Ability to build strong business partnerships both internally and externally and demonstrate adaptability and flexibility as business strategies change.
- Strong sense of style and ability to carry out a strategic vision.
- Thrive in a fast-paced, rapidly changing work environment with competing priorities.
- Strong attention to detail, creativity, and a passion for fashion.
Benefits
- Competitive compensation and 401k with company matching contribution, plus potential to earn company performance-based bonuses.
- Comprehensive wellness package including medical, dental, vision, and Flexible Spending Account.
- Generous 50% employee discount and access to employee-only sales.
- Paid volunteer time: up to 32 hours annually for community volunteering.
- Tuition reimbursement program.
- Employee Assistance Program (EAP) for legal, financial, and mental health consultations.
- Discounts on cell phones, computer purchases, entertainment tickets, and more.
- Pet insurance.
- Relocation assistance may be available for qualified candidates.
Pay
Salary range: $100,000-130,000
Schedule
Hybrid Schedule - 3 days in-office and 2 days remote.