Store Manager- NY Saks Concession
Valentino · New York, United States · 1 mo ago
Business Development$140k–$150k/yrContract
About the Role
A Store Manager for our NY Saks Concession Boutique. This leader will create and execute business strategies to develop the Concessions as a place for client engagement and connection, while embodying the Maison’s values. The position offers a base salary of $140K–$150K, based on candidate experience. Concession and luxury department experience is preferred but not required.
Responsibilities
- Network Development and Brand Ambassador:
- Maintain a strong front-of-house presence, ensuring excellent in-store experience and fostering a «couture service» mindset.
- Drive the implementation of company strategies by coaching, motivating, and supporting the Valentino Concession team.
- Act as a liaison between Valentino and Department Store leadership, ensuring clear communication of strategies.
- Build and maintain relationships with the Department Store Stylist Club to drive brand recognition and revenue.
- Partner with Department Store HR and the Valentino Training Team to ensure proper training for Saks employees selling Valentino products.
- Business and Sales Performance:
- Drive and maximize sales performance to achieve sales targets while ensuring operational integrity and monthly profitability.
- Analyze and monitor store KPIs, devising and implementing action plans to meet and exceed targets.
- Craft a comprehensive store strategy at the beginning of each year, revisiting it monthly/quarterly to align with commercial targets.
- Collaborate cross-functionally to ensure seamless execution of business plans.
- Identify opportunities to enhance performance through strategic partnerships with corporate stakeholders.
- Manage personnel expenses within budget and adhere to discounting policies to preserve brand integrity.
- Partner with the Merchandising and Buying team to ensure relevant products are in-store to drive revenue.
- Report weekly to the Valentino Leadership team on sales trends and pivot strategies to increase sales.
- Team Leadership & Management:
- Cultivate a motivating and inclusive environment that values diversity and fosters mutual respect and teamwork.
- Demonstrate managerial courage by providing direct and actionable feedback.
- Commit to the professional growth of each team member, preparing them for future advancements.
- Ensure high standards of professionalism, from grooming to conduct.
- Set SMART goals and optimize staffing schedules to maximize team performance and compliance with labor regulations.
- Ensure proper and timely communication of company updates through morning briefings, product training, and CRM training.
- Build the best team through talent retention, recruitment, and succession planning with HR support.
- Oversee all recruiting activities in the store in partnership with HR and Talent Acquisition.
- Plan, organize, and execute daily activities while maintaining a motivated, positive, and safe work environment.
- Manage delicate personnel situations according to Company policies and employment laws.
- Organize store meetings, morning briefs, and keep the team informed about performance and sales objectives.
- Assign quantitative and qualitative objectives and ensure they are achieved.
- CRM and Events Management:
- Guarantee excellent client experience by monitoring sales activities and ensuring adherence to Valentino Client Journey standards.
- Implement clienteling in-store to drive client engagement, recruitment, retention, and upgrading, with a focus on local domestic clients.
- Maintain and develop external relations with prestigious clients and partners to promote brand loyalty.
- Manage the client database, including client assignment and reassignment, and develop direct marketing actions for loyal and inactive clients.
- Ensure the integration of digital tools and assets into the client journey and clienteling routine.
- Transform customer interactions into meaningful relationships through a robust client development strategy.
- Store Operations and Merchandise:
- Stay informed on all operational policies and procedures to minimize loss and optimize store performance.
- Execute operational tasks (including shipping/receiving) when an Ops HC is not present.
- Assist in managing delicate situations regarding sales activities or after-sales (e.g., boutique returns, end-of-season, customer returns, repairs, complaints).
- Ensure adherence to Company procedures for sales and after-sales processes.
- Guarantee end-of-season returns, product transfers, and manage inventory activities.
- Manage cash and payment systems according to Company procedures and policies.
- Handle store accountancy and recurring audits.
- Ensure administration procedures and timings are respected.
- Maintain store furnishings, machinery, and tools to ensure efficiency.
- Partner with the Merchandise team on seasonal buys and monitor product rotation to align with sales potential.
- Visual Merchandising:
- Liaise with the local Head Office Visual Merchandising team to receive and implement visual requirements.
- Verify and report the effectiveness of visual criteria in terms of sales.
- Ensure VM reflects strategy and verifies guidelines execution in-store.
- Maintain order and cleanliness of windows and internal displays.
- Partner with the Head Office/Regional VM team to maintain boutique visual standards.
Requirements
- Bachelor’s Degree preferred but not required.
- Minimum 5 years of experience in Store Management or a leadership role.
- Luxury department store management experience preferred but not required.
- Proven track record in achieving results and team development.
- Excellent knowledge of product and client journey.
- Strong business acumen, with an understanding of store and team performance KPIs.
- Proactive in identifying business opportunities and proposing action plans.
- Positive and effective team management skills, with the ability to motivate teams.
- Excellent organizational, follow-up, and time management skills.
- Confidence and ability to develop relationships with clients, team members, and business stakeholders.
- Clear and concise communication skills, both verbal and written.
- Ability to prioritize tasks effectively under strict deadlines.
- Attention to detail in high-pressure environments.
- Ability to handle multiple tasks and projects with competing priorities.
- Proficient in all store sales and operations systems.
Pay
Base salary of $140K–$150K, based on candidate experience.