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Product Manager, Retail Operations id-9363

Job Description

Welcome to Foot Locker, the premier destination for all things sneakers and streetwear. We are currently seeking a dynamic and experienced Product Manager to join our Retail Operations team. As a Product Manager, you will play a crucial role in driving the success of our retail stores by developing and implementing effective strategies for product assortment and inventory management. We are looking for a driven and detail-oriented individual who is passionate about the retail industry and has a strong understanding of consumer behavior and market trends. If you have a proven track record of driving sales and maximizing profitability, then we want you to join our team at Foot Locker.

  1. Develop and implement effective product assortment strategies for all Foot Locker stores.
  2. Conduct market research and analysis to identify consumer trends and preferences in the retail industry.
  3. Collaborate with cross-functional teams, including buying, merchandising, and marketing, to create and execute product plans.
  4. Manage inventory levels and ensure product availability to meet customer demand.
  5. Monitor sales performance and make data-driven decisions to optimize product assortment.
  6. Develop and maintain strong relationships with vendors to negotiate favorable terms and pricing.
  7. Stay updated on industry trends and competitors to make strategic recommendations for product assortment and pricing.
  8. Work closely with store managers to ensure proper training and understanding of product offerings.
  9. Analyze sales data to identify areas of improvement and implement strategies to increase profitability.
  10. Provide regular reports to upper management on product performance and sales trends.
  11. Oversee product lifecycle, from initial planning to clearance, to ensure maximum profitability.
  12. Lead and manage a team of product associates, providing guidance and support to ensure the success of the product department.
  13. Continuously monitor and adjust strategies to adapt to changing market conditions and consumer behavior.
  14. Represent Foot Locker at industry events and trade shows to stay updated on emerging trends and products.
  15. Uphold and promote the Foot Locker brand and values through all product-related decisions and actions.

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Job Qualifications

  • Strong Understanding Of Retail Operations: A Successful Product Manager At Foot Locker Must Possess A Deep Understanding Of Retail Operations, Including Inventory Management, Supply Chain Logistics, And Retail Merchandising Strategies.
  • Experience In Product Development And Management: The Ideal Candidate Should Have A Proven Track Record In Product Development And Management, Including The Ability To Identify Market Trends, Conduct Market Research, And Develop Product Strategies To Meet Customer Needs.
  • Analytical Skills: As A Product Manager, It Is Important To Have Strong Analytical Skills To Interpret Sales Data, Identify Areas For Improvement, And Make Data-Driven Decisions. Experience With Data Analysis Tools Such As Excel And Tableau Is A Plus.
  • Strong Communication And Collaboration Skills: Product Managers At Foot Locker Work Cross-Functionally With Various Teams Such As Buying, Marketing, And Sales. Excellent Communication And Collaboration Skills Are Essential To Ensure Successful Product Launches And Effective Teamwork.
  • Passion For Retail And Athletic Footwear: Foot Locker Is A Leading Retailer In Athletic Footwear And Apparel. A Strong Passion For The Retail Industry And Knowledge Of The Latest Trends And Products In The Market Is Crucial For A Product Manager To Be Successful In This Role.

Required Skills

  • Budgeting
  • Project Management
  • Inventory Management
  • Vendor Management
  • Data Analysis
  • Market Research
  • Visual merchandising
  • Competitive analysis
  • Merchandising strategy
  • Trend Forecasting
  • Product Assortment

Soft Skills

  • Communication
  • Conflict Resolution
  • Emotional Intelligence
  • Leadership
  • Time management
  • creativity
  • Attention to detail
  • Teamwork
  • Adaptability
  • Problem-Solving.
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