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Assistant Merchandiser - Home

Fenwick Limited

London

Hybrid

GBP 25,000 - 30,000

Full time

29 days ago

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Job summary

An established industry player is seeking an Assistant Merchandiser to join their vibrant Home team in London. This exciting role offers the chance to dive deep into the retail world, where you will play a crucial part in managing product assortments and pricing strategies to achieve sales and profit goals. You will collaborate closely with the Merchandiser and Buying teams, utilizing your analytical skills to provide insights and recommendations that drive strategic decisions. With a focus on optimizing stock turnover and enhancing departmental performance, this position is perfect for those looking to make a significant impact in a dynamic retail environment. Join a family-owned department store with a rich heritage and be part of their journey towards a bold future!

Benefits

33 days annual leave
Birthday off
Up to 25% discount
Retail discounts
24/7 GP service
Hybrid Working

Qualifications

  • Strong analytical and numerical skills are essential for this role.
  • Experience in a buying or merchandising function is required.

Responsibilities

  • Manage product quantities and assortment to meet sales targets.
  • Collaborate with teams to optimize planning and trading strategies.

Skills

Analytical Skills
Numerical Skills
Financial Acumen
Communication Skills
Commercial Awareness
Time Management
Innovative Thinking
Decision Making

Education

Experience in Buying/Merchandising

Tools

Excel
WSSI Systems

Job description

We're on the lookout for an Assistant Merchandiser to join our passionate and vibrant Home team. This role presents a thrilling chance to immerse yourself in the world of retail at Fenwick, contributing your skills and expertise to a dynamic and ever-evolving environment. Join us in shaping the future of fashion and retail!

You will join the team in our Central London office located on Wigmore Street. As a new member of our Fenwick family, you will be part of the updates and conversations as we fuel the next stage in our journey.

What’s in it for you?

When you join Fenwick, you’ll receive:

  1. 33 days annual leave (inclusive of 8 bank holidays) and a buying holiday benefits scheme in which you are eligible to buy a further 5 days across the year.
  2. Your birthday off as an additional day annual leave – this can be taken any day within your birth month.
  3. Up to 25% discount in all Fenwick stores and fenwick.co.uk.
  4. ‘Perks’ - a great way to get Retail, Leisure & Hospitality discounts, exclusive deals, and cashback on a wide range of products.
  5. WeCare - 24/7 GP, wellbeing advice & support service.
  6. Hybrid Working (Every Thursday and Friday working from home).

We offer a salary of up to £30k dependant on experience.

So, more about our Assistant Merchandiser role:

As an Assistant Merchandiser, you'll play a pivotal role in securing the right quantities and assortment of products in each store, at the perfect price point, all to meet our sales and profit targets. Collaborating closely with our Merchandiser and Buying teams, your contributions will encompass setting and managing strategies, streamlining planning and trading, and identifying key trading opportunities that align with our long-term objectives.

Your responsibilities will extend to the meticulous management of our systems, particularly the WSSI's. You'll be integral in setting up, maintaining, and regularly updating sales, stock, intakes, and markdowns within these systems. Your analytical prowess will shine through as you continually review data, providing essential recommendations to the Merchandiser and Buying teams, contributing significantly to our strategic decision-making process. Moreover, your adeptness in planning and executing re-orders for continuity ranges will be essential in meeting our sales forecasts and stock targets.

As part of the team, you'll actively support the Merchandiser in optimising Open to Buy (OTB) planning, ensuring maximised full-price sell-through and reduced markdowns to enhance stock turnover. Through detailed monitoring of departmental performance metrics, including sales, stock levels, profitability, and promotional activity, you'll provide crucial insights and historical analyses to guide future strategies and enhance our decision-making processes. If you're ready to contribute your expertise in driving profit while minimising risk, this role at Fenwick could be the perfect fit for you!

What we are looking for in a candidate:

  1. Excellent analytical and numerical skills.
  2. Demonstrated financial acumen in previous roles.
  3. Good commercial awareness of the industry.
  4. Developed communication, influencing and relationship skills.
  5. Good working knowledge of excel and B+M systems – in particular WSSI’s, and Stock and Commitment processes.
  6. Able to make logical decisions under pressure.
  7. Able to manage time well to prioritise multiple workstreams/objectives.
  8. Innovative and uses initiative.
  9. Understanding of the purpose of a merchandising function.
  10. Experience within a buying/merchandising function.

About Fenwick

Fenwick is the UK’s largest family-owned department store group with a rich heritage and history that has shaped who we are today! We are on an exciting journey of investment, looking towards a future that is every bit as bold and brilliant as what has gone before.

We work collaboratively and our 2,000 strong workforce spans across our stores, our support functions including Digital, Buying & Merchandising, IT, Finance, People and Customer Service teams plus our valued restaurants and distribution centres and we are always on the lookout for talent to join our ever-growing family to exceed our customers' expectations.

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