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Retail Merchandising and Purchasing Manager

Company: Yoga Joint
Location: Fort Lauderdale
Posted on: September 20, 2022

Job Description:

Welcome to Yoga Joint!Yoga Joint is South Florida's premier Hot Yoga and FIIT studio. We are a modern, heated yoga/fitness-based brand aiming to inspire people through meaningful fitness and mental transformation. Using unique teacher training and state of the art technology, Yoga Joint appeals to a wide audience to get as many people on their mats as possible. Our three styles of classes FLOW, FIIT, and RESTORE combined with our customer service training and methodical studio buildouts create a paradigm that allows the student to achieve the ultimate SHIFT in their life.

We are looking for a leader experienced in managing merchandising, buying, inventory, operations and develops and executes merchandising plans to deliver volume and profit goals for Yoga Joint. As our Retail Merchandising and Purchasing Manager, you will work with our Director of Finance and Accounting to develop effective merchandising plans for categories and locations, utilizing data representing customer insights, consumer trends, buying patterns, sales and inventory metrics, forecasting, and competitive landscape. This position will also collaborate with our Yoga Joint Studio Managers to Identify new suppliers and products that reflect consumer preferences and drive sales. The Retail Merchandising and Purchasing Manager will follow our established SOPs to create scalability for the retail business as a whole as we open more studio locations, online business and the potential of Yoga Joint pop ups.
We are a growing brand as we are currently opening Yoga Joint studios across the state of Florida. In order to succeed in this role, you will need to have a keen eye on what is the current fashion trends for fitness wear and use your keen eye to purchase merchandise for our studios that will result in a healthy revenue profit for the company. You will need a strong understanding of Excel coupled with an analytical mindset to forecast trends and report monthly stats to the leadership team. P&L Management understanding and experience is key for this role.
We are looking for a candidate who not only has the right skillset and experience in the retail purchasing and merchandising arena but also who understands the fitness industry and truly lives a healthy and wellness lifestyle which will aide them in building a profitable Yoga Joint retail line.

The chosen candidate will be allowed to work from home with frequent visits to our Yoga Joint studios up to 50% of your workweek in order to assess excellence and connect with and support our Studio Managers as necessary. This is an exciting opportunity for the right candidate who wants to build a career with a company that values their employees and understands the importance of a strong company culture. If you are eager to jump in with us during this hyper-growth time for Yoga Joint and hit the ground running, we are excited to talk to you!
ESSENTIAL DUTIES & RESPONSIBILITIES:

  • Create yearly retail sales strategy presentation to align with ownership on direction to achieve revenue and gross profit goals
  • Create a consistent and scalable visual merchandising directive
  • Buy and source ALL inventory per retail calendar
  • Responsible for producing product assortments that reflect branding, buying trends and support seasonal customer demand
  • Manage vendor relationships through strong communication/partnership and network growth
  • Develop strategies to bring down cost of product while increasing revenue
  • Develop strategies to create easier processes for the studios to that studio teams can focus primarily on sales
  • Responsible for Inventory input, movement and control, reconciliation, and accounting in relation to retail
  • Partner with Studio Managers and accounting to ensure monthly inventory is reconciled appropriately
  • Attend active wear apparel shows to stay fresh in the ever-evolving retail industry
  • Creation of retail calendar, sales strategies, holiday calendar and markdown schedules
  • Research and source private label retail product to enhance our retail brand
  • Set up all new studio retail area displays to support and promote retail sales
  • Create ongoing education for studio team members focusing on product and sales process to promote sell through
  • Develop feedback system from studios and clientele to use in conjunction with reporting to structure buys
  • Additional responsibilities necessary to align with our growing and evolving business needs
    REQUIRED EDUCATION AND EXPERIENCE: - 5-7 years of retail experience with a minimum of 2 years' experience in P&L management - Advanced skills in Microsoft Office Word, Excel, and PowerPoint - Exceptional leadership skills to drive retail sales and develop the Studio Management Team as needed - Ability to travel weekly to various studio locations - Ability to create and manage clear business operations to promote scalability - Successful experience in communicating effectively both written and verbally to small and large groups

    Here's what's in it for you: - Industry competitive base salary - Strong Incentive Bonus Plan - Benefits, 401K, PTO, Holiday Pay and Employee Assistance Program - Complimentary Yoga Joint Membership - Discounts on Branded Retail - Ongoing training, support, and development by leaders of Yoga Joint - Fun, passionate team members geared towards building a sense of belonging and community

    Yoga Joint Company is an Equal Employment Opportunity Employer:Yoga Joint provides equal employment opportunities to all individuals regardless of their race, color, creed, religion, gender, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Discrimination of any type will not be tolerated. We are committed to promoting and upholding a diverse, equitable, and inclusive environment for our employees, members, and all who enter our Yoga Joint studio.

Keywords: Yoga Joint, Fort Lauderdale , Retail Merchandising and Purchasing Manager, Executive , Fort Lauderdale, Florida

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