Merchandise Analyst

Signet Jewelers Limited; Watford; Hybrid; GBP 35,000 - 48,000; Full time

Benefits offered by this job

Competitive salary

Generous discount up to 30% from day 1

Annual enhanced discount

Retirement savings plans

Immediate Life Assurance

Minimum 22 days holiday per year

Qualifications support and career prog

Health and Wellbeing Scheme

Financial Wellbeing scheme

Give As You Earn scheme

Real Rewards discounts

Job summary

Signet Jewelers UK & Ireland is seeking an analytical and commercially minded Merchandise Analyst to join our Merchandising team and help shape smarter decisions across product, pricing, promotional, and inventory strategies.

You will uncover insights from data and translate them into actionable recommendations that drive sales, margin growth, customer retention, and business performance, working with senior leaders across Merchandising, Buying, Planning, Allocation and Finance.

Qualifications

• Experience in retail analytics, merchandising or commercial analysis.
• Strong technical capability with data tools (Power BI, Tableau, SQL, Python).
• Excellent Excel skills with Pivot Tables and Power Query.
• Ability to translate data into actionable business recommendations.
• Strong communication and stakeholder management.

Responsibilities

• Deliver hindsight, line planning, and in-season performance analysis.
• Identify opportunities to improve sales, margin, inventory productivity and customer growth.
• Partner with Merchandising and Buying teams for strategic planning and decision-making.
• Analyse market trends, competitor pricing and customer behaviour to drive opportunities.
• Evaluate promotional performance and ROI; optimise impact.
• Use customer, inventory, and space productivity metrics to inform merchandising strategies.
• Monitor market share and growth opportunities.
• Support inventory optimisation with data-led recommendations.
• Identify store clustering and localisation opportunities to boost performance.
• Produce ad hoc analysis and insights for senior stakeholders.

Skills

Power BI

Tableau

Fabric

SQL

Python

Excel

Tools

Power BI

Tableau

Fabric

SQL

Python

Job description

At Signet Jewelers UK & Ireland, we're passionate about creating special moments for our customers through some of the nation's best-loved jewellery brands. We're looking for an analytical and commercially minded Merchandise Analyst to join our Merchandising team and help shape smarter decisions across our product, pricing, promotional, and inventory strategies.

This is an exciting opportunity for someone who loves uncovering insights from data and translating them into actionable recommendations that drive sales, margin growth, customer retention, and business performance. Working closely with senior leaders across Merchandising, Buying, Planning, Allocation and Finance, you'll play a key role in identifying opportunities that influence critical commercial decisions.

What You'll Be Doing

As our Merchandise Analyst, you'll use advanced analytics and commercial insight to help maximise product performance and unlock growth opportunities across the business.

Your responsibilities will include:

• Delivering insightful hindsight, line planning, and in-season performance analysis.
• Identifying opportunities to improve sales, margin, inventory productivity and customer growth.
• Partnering with Merchandising and Buying teams to support strategic planning and decision-making.
• Analysing market trends, competitor pricing and customer behaviour to drive optimisation opportunities.
• Evaluating promotional performance and recommending ways to maximise effectiveness and return on investment.
• Using customer, inventory and space productivity metrics to influence future merchandising strategies.
• Monitoring market share performance and identifying opportunities for growth.
• Supporting inventory optimisation through data-led recommendations.
• Identifying store clustering and localisation opportunities to enhance performance.
• Producing ad hoc analysis and insights for senior stakeholders.

What we're looking for

We're seeking a commercially curious analyst who combines strong technical capability with the confidence to challenge, influence and recommend change.

You'll ideally bring:

• Experience in a retail analytics, merchandising or commercial analysis environment.
• Advanced analytical skills with tools such as Power BI, Tableau, Fabric, SQL, Python or similar.
• Excellent Excel capabilities, including Pivot Tables and Power Query.
• Strong numerical and problem-solving skills with the ability to turn complex data into clear business recommendations.
• Outstanding communication and stakeholder management skills.
• A proactive, results-focused approach and a genuine passion for continuous improvement.
• A strong understanding of retail performance drivers, merchandising principles and commercial decision-making

We are passionate about our profession, and together we can help you realise your full potential. Come and be part of Signet Jewelers and enjoy the following fantastic benefits:

• Competitive salary
• Generous discount of up to 30% off our fabulous products from day one.
• An annual enhanced discount to celebrate the day you joined our team.
• Retirement Savings plans which offer flexibility in the way you save for the future.
• Immediate Life Assurance from day one.
• A minimum of 22 days holiday per year which increases after a years’ service.
• Recognised qualifications, study support and structured career progression.
• Health and Wellbeing Scheme.
• Financial Wellbeing scheme.
• Give As You Earn scheme – An easy way to support causes close to your heart.
• Real Rewards - exclusive discounts on groceries, travel and leisure.

Signet is the name behind H. Samuel and Ernest Jones. Together, we have more than 270 stores in the UK and Republic of Ireland. But that’s not all, we are part of the world’s largest retailer of diamond jewellery with approximately 2,800 stores. Just imagine where your career could take you

Signet Jewelers (H. Samuel & Ernest Jones) is an equal opportunity employer committed to diversity and inclusion.

We welcome applications from all sections of the community and are proud to have achieved Disability Confident Committed status (Level 1). All employment is decided on the basis of qualifications, merit and business need.

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