Regional Vice President - LOFT (North USA Region)
LOFT · Lombard, IL · Yesterday
Business Development$170/hrFull-time
About Us LOFT creates modern, feminine, versatile clothing for women with one common style goal: to look and feel confident wherever the day takes them. We empower women to find their authentic self-expression because feeling like yourself is always in style. Here at LOFT, we're busy styling the careers and supporting the lives of everyday optimists just like you. Express your authentic self and experience endless inspiration, all while enjoying the opportunities and benefits that help you get the most from your career, life, and wardrobe. Regional Vice President – LOFT – North Region (USA) About The Role To direct all activities required to achieve regional goals, including sales and profit objectives, client service, human capital investment and retention, payroll and operating expenses, loss prevention, and merchandise presentation, while contributing to shaping the stores’ corporate strategies. Region Scope: 9 Districts / Approximately 200 stores (NW Pacific, Upper Midwest, Northeast) Preferred RVP base: NE USA (NYC, Philadelphia or Boston) The impact you can have Primary Responsibilities/Accountabilities Develops District Managers and District Directors to accomplish region’s objectives through recruitment, selection, coaching, investment, career -pathing, retention and motivation. Maintains a union-free environmentEnsures attainment of sales, payroll, operating expenses and inventory shortage goals for regionHelps set priorities and direction for region with major emphasis on Values & Practices, client service, human capital, financial objectives, merchandising assortment and presentationHas a clear vision for and understanding of the business, culture, and operations; maintains a long-term, big picture view, foreseeing obstacles and opportunities, and generating innovative ideas People Management Ensures regional compliance in recruiting, selecting, hiring and developing diverse talent; develops talent pools for key positionsPartners with Human Resources to develop and execute succession planning, ensuring key position backfillAssesses, develops, educates and mentors District Directors and District Managers in all areas of responsibility, ensuring that feedback, coaching and investment are regularly providedHolds District Directors and District Managers accountable for achievement of financial results and human capital metrics by driving business, managing conflict and moving them to actionEncourages development through challenging assignments, stretch goals, and cross -functional or divisional collaborationCommunicates clearly, despite incomplete or ambiguous information, and shares knowledge, information and experience with region, clients, vendors, mall management, and peersTranslates broad strategies into clear objectives and practical action plansFosters team commitment through support, building relationships, and recognizing individual contributionsLeads by taking calculated risks, championing breakthrough ideas and cultivating a broad network to rally support and manage through change and adversityundefined Revenue Generation Shares vision and is responsible for execution of region’s business strategy in alignment with Home Office initiativesIs responsible for setting and attaining regional sales and expense management goalsDrives quantifiable performances (LY, Plan, UPT, DPT, conversion rates, payroll matrix, inventory shortage, operational assessments, credit card)Educates District Directors and District Managers in business analysis and on inventory opportunitiesGrasps the position of the business within the marketplace, demonstrating a thorough understanding of organization’s opportunities, capabilities, and competitive liabilities Store Operations Allocates regional resources according to the company’s strategic prioritiesEffectively balances the competing priorities of different constituenciesProtects region's assets and ensures compliance with Loss Prevention practicesIs responsible for maintenance of the physical appearance of stores within regionEnsures compliance with all practices and procedures as outlined in the reference manualAnticipates risks and devises contingency plans to manage them Product Management Ensures execution of all pricing strategies to achieve gross margin goalsPartners with Store Planning to manage inventory levelsMakes recommendations with regards to cross-divisional transfers, transfers, and end-of-season consolidationsProvides actionable feedback to corporate offices to increase business opportunities through product placementEnsures all stores in region are merchandised according to visual guidelinesCommunicates observations and opportunities regarding quality control issues Brand Management Clearly articulates the company’s brand positioning, including the unique differences of all expressions of the LOFT brandEducates District Directors and District Managers on marketing initiatives, product placement, lifestyle concepts and product knowledgeEmbodies company culture in all interactions with internal and external clientsRole models LOFT's Values & Practices, while holding associates responsible for their actionsOperates with highest levels of personal integrity and business confidentiality You’ll bring to the role Human Resources: Ability to resolve conflict with immediacy, objectivity and confidence; has a proven track record of minimal turnover and few open positionsClient Service: Ability to ensure that the client remains the top priority; ability to respond empathetically to client’s needsOrganization: Ability to organize, delegate, set priorities, meet deadlines, follow-up, hold team accountable, and outline consequences for all activities within the regionLeadership: Proven ability to challenge and motivate management teams in an atmosphere of mutual respect by fostering support of innovative business practices; ability to listen to and raise concerns based on associate needsMerchandising: Knowledge of visual standards and techniques; ability to implement and interpret according to Ann Taylor’s guidelines, individualizing to store attributesCommunication: Demonstration of strong verbal and written communication skills to Home Office and direct reports; ability to express and logically articulate point of view, then own the final outcomes to reinforce company initiativesBusiness analysis: Ability to forecast and analyze business trends and complete store operation budgeting proceduresMarket knowledge: Ability to gather and assess market data, share appropriate information with team, and impact regional business Educational Requirements And Experience Minimum Requirements: Associate or bachelor’s degree preferredMinimum two years’ Regional Management experience in the service industry with proven resultsFlexible to frequent travel Benefits You will be eligible to receive a merchandise discount at select KnitWell Group brands, subject to each brand’s discount policies.Support for your individual development plus opportunities for career mobility within our family of brands. A culture of giving back – local volunteer opportunities, annual donation and volunteer match to eligible nonprofit organizations, and philanthropic activities to support our communities.* Medical, dental, vision insurance & 401(K).* Employee Assistance Program (EAP).Time off – paid time off & holidays.*The target salary range for this role is: $170-200K**Any job offer will consider factors such your qualifications, relevant experience, & skills.Eligibility of certain benefits and associate programs are subject to employment type and role. This position works remotely. Occasional travel to our company NYC office will be required. Applicants to this position must be authorized to work for any employer in the US without sponsorship. We are not providing sponsorship for this position. Location: Field Mgmt-Region 8 LOFT-ANN-Lombard, IL 60148 Position Type Regular/Full time Equal Employment Opportunity The Company is an equal opportunity employer and welcomes applications from diverse candidates. Hiring decisions are based upon a candidate's qualifications as they relate to the requirements of the position under consideration and are made without regard to sex (including pregnancy), race, color, national origin, religion, age, disability, genetic information, military status, sexual orientation, gender identity, or any other category protected by applicable law. The Company is committed to providing reasonable accommodations for job applicants with disabilities. If you require an accommodation to perform the essential duties of the position you are seeking or to participate in the application process, please contact myHRSupport@knitwellgroup.com. The Company will make reasonable accommodations for otherwise qualified applicants or employees, unless such accommodations would impose an undue hardship on the operations of the Company’s business. The Company will not revoke or alter a job offer based on an applicant’s request for reasonable accommodation.