Merchandise Analyst Jobs

About Our Company

Lids Sports Group, operating within Lids Holdings, Inc. is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across North America, Europe, and Australia. Operating out of Indianapolis, IN, Lids retail stores and affiliated concepts offer officially licensed headwear from collegiate teams and major professional sports teams, as well as branded headwear and other specialty fashion categories in the latest styles and trends in over 1,200 locations and counting. Lids is currently in growth mode with the goal to open a significant number of stores, both domestically and internationally, as well as with the goal to help grow Lids to be the largest brick-and-mortar licensed sports retailer globally.

General Position Summary

This position will work to cultivate a solid knowledge of replenishment practices, alignment with merchandising strategies and analytical skill sets to ensure that the right product is at the right stores at the right time. Develop and implement store distribution strategies to support sales and inventory objectives and to ensure department financial goals are met. Partner with buying and planning teams in executing item/program/category strategies to support financial plans.

Principle Duties and Responsibilities

• Develop optimal store ranking to ensure proper distribution of merchandise
• Review and analyze distribution center stock position and decide upon action as needed.
• Identify and rectify stock imbalances in individual stores through the allocation of new receipts and replenishment inventory to maximize the ability of each store to generate sales and margin.
• Analyze merchandise performance at the department, team, vendor, item and location level; including analyzing store performance and stock-to-sales ratios on a weekly basis to identify location-specific opportunities and bottlenecks.
• Communicate / make recommendations regarding store needs, distribution concerns, sizing, team and new store opportunities.
• Ensure all stores have appropriate inventory levels to support presentation and sales while collaborating with cross functional team.
• Build, develop, execute, and maintain allocation strategies to ensure maximum sell through and profitability on product while minimizing markdowns.
• Analyze sales trends to ensure stores are in stock on core items, promotional product, new programs, and seasonal merchandise.
• Ensure new stores have appropriate inventory levels to support presentation and sales.
• Other duties as assigned.
• Develop knowledge of geographic and store-attribute performance and trends through analysis and drive results by transferring knowledge into allocation strategies
• Manage E-Commerce inventory and allocation needs.
• Analyze SKU and program productivity to ensure store turn and weeks of supply goals are met; create and develop tiered assortment strategies.

Job Required Knowledge & Skills

• Strong Retail Math skills and Analytical skills.
• Ability to research and analyze large amounts of data.
• Demonstrated ability to communicate effectively both verbally and in writing.
• Results-oriented, willingness to follow through, make informed decisions, complete tasks and problem-solve.
• JDA Allocation experience preferred.
• Bachelor's Degree in Marketing, Business, Fashion Merchandising or other related field and/or 1-3 years of applicable retail work experience; prior allocation experience is preferred.
• Demonstrated abilities in learning new skills, change/variety in work and creativity; exhibit attention to detail with high degree of accuracy.
• Computer skills to include navigational ability in a networked environment and proficiency in Microsoft Word and email applications; intermediate to advanced skills in Microsoft Excel.
• Uses rigorous logic and thoughtful thinking to effectively identify, address and resolve challenges.

Reports To

• Sr. Merchandise Analyst

EEO Statement:

Hat World, Inc., Lids Holdings, Inc., dba Lids and subsidiaries is an Equal Opportunity Employer and is committed to complying with all federal, state, and local EEO laws. Hat World, Inc., prohibits discrimination against employees and applicants for employment based on the individual's race or color, religion or creed, national origin, alienage or citizenship status, marital status, sex, pregnancy status, age, military status, disability, or any other protected characteristic or class protected by law. Hat World, Inc. provides reasonable accommodation for disabilities in accordance with applicable laws.

Notice to Applicants:

In connection with your application, we collect information that identifies, reasonably relates to or describes you (“Personal Information”). The categories of Personal Information that we collect include your name, government issued identification number(s), email address, mailing address, other contact information, emergency contact information, employment history, educational history, criminal record, and demographic information. We collect and use those categories of Personal Information about you for human resources and other business management purposes, including identifying and evaluating you as a candidate for potential or future employment or future contract positions, recordkeeping in relation to recruiting and hiring, conducting criminal background checks as permitted by law, conducting analytics, and ensuring compliance with applicable legal requirements and Company policies.

Need accessibility assistance to apply?

Applicants who require accessibility assistance to submit an employment application, please email us at [email protected]. A member of our Talent team will respond as soon as reasonably possible. This email address and is only for individuals seeking accommodation when applying for a career at Lids.

Req ID: 15470

Location: Corporate Office