Retail Manager
Duties and Responsibilities:
-Influence on the creation and communication of retail strategy, business priorities and targets to ensure there are systems in place to enable the network to receive the information in a timely manner.
-Generates ideas about future retail activities to ensure a cutting edge strategy; maintains up to date knowledge of the market place, competitors and trends.
-Uses open feedback mechanisms from the operations team with other departments to ensure the integration of the retail strategy.
-Plan and manage the retail budget and prioritize activities and investments
-Influences and supports the retail element of the annual budget process ensuring understanding and buy in from the operations team. Constantly reviews financial data and supports the Area Managers in providing realistic input into the sales budgets.
-Takes decisions on matters relating to the day to day retail operation within their defined work area including the strategic planning of resources.
-Translates the strategic goals into retail operational plans to achieve the required targeted growth in sales and profit; identifies and optimizes promotional opportunities ensuring these are co -ordinated with wider promotions and campaigns.
-Ensures all new shop proposals meet the required return on sales prior to submitting any recommendations to the CEO; all new shop locations must be visited to ensure they will trade effectively and meet the proposed budgets.
-Spends time in shops with retail shop teams and customers to understand and identify business critical issues in order to ensure the alignment of tactics and strategies;
-Takes a lead role in building a strong sales management culture with the operations team; identifying skills and opportunities for development; provides advice and guidance on shop manager issues when needed.
-Works with the HR department to ensure people management issues are satisfactorily resolved and relevant HR policies and procedures are adhered to.
-Proactively manages and reviews the performance and progress of Areal Managers and their areas, sets objectives and targets;
-Maintains and constantly develops innovative and cost effective stock generation; monitors stock weekly to achieve bottom line sales budget against monthly targets.
-Market monitoring and market analysis.
-Coordination of the company’s retail activities with the Wholesale activities.
-Full P&L responsibility for the stores operation.
-Achievement of various KPI’s targets of store performance.
-Expansion of the network in coordination with high level management.
Other Job Functions
-Participates in any training program in and out the country.
-Ensures all the required reports.
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