Merchandiser

NEW LOOK; Greater London; On-site; GBP 30,000 - 42,000; Full time

Benefits offered by this job

Staff discount 40%

Friends & family discounts

Private pension

Virtual GP

Life assurance

Extra leave (buy more holiday)

Birthday day off

Enhanced parental leave

Cycle2Work

Retail Trust partnership

Fashion & Textile Children's Trust

Job summary

New Look is recruiting a Merchandiser to drive sales and profit by planning product ranges and analysing performance across departments. You will forecast demand, manage stock and pricing, and coordinate with Buying to balance commercial strategy with customer trends for both stores and online.

You will review weekly sales, range plans and sign-offs, using strong Excel skills to produce reports and recommendations that protect margin and maximise profitability.

Qualifications

• Strong trading and sales analysis using data to drive decisions.
• Advanced forecasting and demand planning experience.
• Ownership of department strategy aligned to business and financial goals.
• Stock management and intake planning to optimise availability and minimise risk.
• Commercial awareness with strong understanding of pricing, margin and profit drivers.
• Ability to lead, manage and mentor a small team to deliver results.
• Confident in reviewing KPIs and building reports with Excel to influence decisions.
• Working collaboratively with Buying and wider teams across the business.

Responsibilities

• Achieving department KPI's in line with strategy and department plan, maximising sales and profit.
• Reviewing the category Weekly Sales and Stock Intake (WSSI), coordinating action to maximise profitability and reduce risks.
• Contributing to range development by ensuring the Product reflects the Brand strategy.
• Responsible for preparation and presentation of range sign offs in line with department / strategy and customer requirements.
• Reviewing and monitoring range plans regularly with the Buyer to reflect changing sales / trends to maximise profits.
• Reviewing depth and width to optimise availability and minimise markdown risk.
• Applying in-depth knowledge of the current competitive market place to develop the departmental strategy and Merchandising framework.
• Maintaining a focused, reliable supply base to maximise profit.
• Ensuring in-season activity delivers planned sales, margin and terminal stock targets.
• Analysing data, identifying issues and trends to provide sound recommendations to protect / maximise profit.
• Managing the weekly product sign-off process, including impact on Open to Buy (OTB) and margin.
• Reviewing current sales with the Buyer, reacting appropriately to maximise sales opportunity.

Skills

Trading analytics

Forecasting

Department strategy

Stock management

Pricing & margins

Team leadership

Excel reporting

Cross-functional collaboration

Job description

The Role:

As a Merchandiser at New Look, you will drive sales and profit by planning and managing product ranges across your department. You will analyse trading performance, forecast demand and make key decisions on stock levels, intake and pricing to ensure the right product is in the right place at the right time. Working closely with Buying and cross-functional teams, you will balance commercial strategy with customer trends, reacting quickly to trade while managing critical paths and optimising availability across stores and online.

WHATS IN IT FOR YOU:

• 40% staff discount plus friends & family discounts throughout the year
• Access to our reward platform for external discount and offers
• Private pension scheme
• Virtual GP access for you and your children - it allows you to speak to a doctor at a time and date that suits you
• All employees are covered by our life assurance policy from day one
• Unlock extra leave with our buy more holiday scheme.
• Celebrate YOU! Enjoy an extra paid day off on your birthday each year
• Enhanced maternity, paternity and adoption leave, and shared parental leave (Eligible after 2 years' service)
• Spread the cost of your commute with interest-free season ticket loans
• Do your bit for the environment and save money with our Cycle2Work scheme
• We're proud to partner with the Retail Trust and Fashion & Textile Children's Trust

What you'll be doing:

• Achieving department KPI's in line with strategy and department plan, maximising sales and profit
• Reviewing the category Weekly Sales and Stock Intake (WSSI), coordinating action to maximise profitability of the department and reduce risks
• Contributing to range development by ensuring the Product reflects the Brand strategy
• Responsible for preparation and presentation of range sign offs in line with department / strategy and customer requirements
• Reviewing and monitoring range plans regularly with the Buyer to reflect changing sales / trends in order to maximise profits
• Reviewing depth and width to optimise availability and minimise markdown risk
• Applying in-depth knowledge of the current competitive market place and using this to develop the departmental strategy and Merchandising framework (comparative shopping)
• Maintaining a focused, reliable supply base in order to maximise profit
• Ensuring in-season activity delivers planned sales, margin and terminal stock targets
• Analysing data, identifying issues and trends, interpreting results to provide sound recommendations to protect / maximise profit
• Managing the weekly product sign-off process, including awareness of impact on Open to Buy (OTB), flexibility and margin
• Reviewing current sales with the Buyer, reacting appropriately to maximise sales opportunity

Who you are:

• Strong trading and sales analysis, using data to drive decisions
• Advanced forecasting and demand planning experience
• Ownership of department strategy, aligning to business and financial goals
• Stock management and intake planning to optimise availability and minimise risk
• Commercial awareness with strong understanding of pricing, margin and profit drivers
• Ability to lead, manage and mentor a small team to deliver results
• Confident in reviewing KPIs, building reports and using Excel to influence decisions
• Working collaboratively with Buying and wider teams across the business