Merchandise Analyst
Indianapolis, IN, US, 46278
About Our Company
Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the US and abroad. Operating out of Indianapolis, IN, our retail stores offer officially licensed headwear and apparel from collegiate and professional sports teams, plus top brands like Nike, New Era, Lululemon, and Mitchell & Ness. In addition, to our wide assortment we are the industry leader in on demand customization.
We currently operate 1,300+ brick and mortar locations, including specialty concept stores for the NBA, NHL, Paris Saint-Germain, and the two largest MLB franchises, via our Yankees & Dodgers Clubhouse. Lids has built partnerships and collaborations with iconic global brands including Marvel/Disney, Travis Scott’s Cactus Jack, and Post Malone. Creating a community where fans, fashion, and culture collide.
General Position Summary
The Merchandise Analyst develops and implements in-season allocation and replenishment strategies from distribution center to stores for their assigned categories. The Analyst is responsible for ensuring optimum inventory levels by store to maximize sales, margin and inventory productivity while minimizing markdowns. The Analyst ensures the allocation strategies and execution deliver the right product in optimal quantities to the right stores on time.
Principle Duties and Responsibilities
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Allocate inventory by store across the assigned categories for new programs, core replenishment items, promotional product, launch programs, and seasonal merchandise.
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Analyze business results using Excel, Business Intelligence tools and reports to identify opportunities at department, team, vendor, item and location level; identify and action changes in allocation strategy to capitalize on sales trends.
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Collaborate with Buyers and Merchandise planners to recommend and align on allocation flow strategy and inventory needs to support Merchandising strategies.
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Develop and apply knowledge of geographic and store-attribute performance and trends through analysis and drive results by transferring knowledge into allocation strategies.
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New Stores: Ensure allocation of new store inventory meets assortment plan and inventory targets in support of Grand Opening and ensure optimal inventory levels are maintained based on sales performance
Job Required Knowledge & Skills
- Strong analytical skills and the ability to interpret complex data to inform decision-making.
- Consistently demonstrate analytical curiosity and socialize thoughts to drive action
- Ability to balance conflicting & competing priorities. Delivering a set of options, detailing impacts for each while driving to a single recommendation.
- Work collaboratively across multiple functions and departments within the organization on business decisions and able to troubleshoot issues for best possible resolution.
- Intermediate skills in Microsoft Excel including functions, pivot tables and lookups; proficiency in Microsoft Outlook, Word, PowerPoint.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and levels of the organization. Can present ideas and recommendations that lead others to action.
- Results-oriented, willingness to follow through, make informed decisions, complete responsibilities and problem-solve.
- Bachelor’s degree in business-related discipline, fashion merchandising, supply chain and/or 1-3 years of prior allocation experience is ideal.
Reports To
Allocation Manager
#LI-AP1
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 onboardingsupport@lids.com. 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: 20389
Location: Corporate Office
Nearest Major Market: Indianapolis