Party City
VP, Merchandising
Party City, Woodcliff Lake, New Jersey, us, 07677
Job Description
Company Overview:
Party City is a global leader in the celebrations industry, delivering joy and inspiration to
customers across more than 70 countries. As North America's largest party goods retailer, PartyCity is the go-to shopping destination for every type of celebration, offering an extensive andinnovative selection of products at exceptional value.
With a strong omnichannel presence, Party City continues to grow its eCommerce
business, PartyCity.com, while the company’s over 700 company-owned and franchise storelocations across North America remain an integral piece of their business to allow consumers toexperience their products first-hand. The company also operates Amscan, a premier designermanufacturer, and distributor of celebration products including décor, tableware, costumes, andaccessories.
Headquartered in Woodcliff Lake, N.J., with additional locations in the Americas and Asia, PartyCity is committed to helping customers create unforgettable moments for every occasion.
Job Overview :
The VP of Merchandising is responsible for developing portfolio merchandising strategies to maximize profitability, drive sales, improve gross margins and inventory turns. The VP of Merchandising will lead a team of Sr. Directors, Category Managers and Associates, providing direction, support, and coaching. This role will lead the team in partnering with vendors and our core suppliers to ensure Party Cityis the unique and inspirational party and costume destination.
Requirements
Responsibilities and Duties:
Own business and financial decisions across stores,ecom/marketplaces in collaboration with MarketingSign off on assortment decisions for key portfolio categoriesCreate and drive overall merchandising, and category strategies to meet company goals and objectivesCollaborate with Licensing team to create licensing strategies that will deliver growth and excitementDefine Private Label needs across portfolioSeek out, utilize and share relevant competitive analysis/trends forecastsOwn strategy plans, including broad/strategic product presentation vision across stores, ecom and marketplacesOversee the development of assortment strategy, as well as the inventory turnover and marketing plans; good, better, best strategiesEstablish specific category roles and allocate resources accordinglyManage merchandising category budgets and weekly, monthly, and annual forecastingLead, coach and develop merchandising leadership pipelineDevelop strategic partnerships with senior leaders, both internal and externalEnsure positive relationships with critical vendor partnersCollaborate with product development teams to assure product strategy is in line with merchandise plan and strategyParticipate with Product Development on trips to AsiaCommunicate weekly business trends and forecastDrive the process for category and product versioning for all store velocity groupings (High, Average and Low) to ensure the minimization of inventory liabilities and driving higher product sell-thruIn conjunction with Pricing and BI, manage the pricing strategies for all portfolio categoriesEnsure all categories plan-o-gram and merchandising strategies drive a great customer experience with product placement, flow, retails, pack sizes versus the competitionQualifications:
Bachelor’s degree in retail merchandising, business management or related fieldMinimum of 10 years prior experience in buying, merchandising and/or planning.At least 3 years at the VP/MM level-with a good understanding of merchandising financials and the ability to manage profitabilityStrong analytical aptitudeA merchant who can see the vision of the business through the lens of the consumerA merchant who is comfortable taking calculated bets and acts strategically using financial data to develop a competitive advantageDetail oriented; must be able to dig in and communicate the details of the businessStrong leadership and managerial skills – proven experience in building teamsA strong, curious merchant who has a passion for the businessStrong understanding of consumer and the party goods businessTeam player with stellar work ethicStrong understanding of marketing and web marketing businessStrong knowledge Microsoft PowerPoint, Excel, and Outlook required
Company Overview:
Party City is a global leader in the celebrations industry, delivering joy and inspiration to
customers across more than 70 countries. As North America's largest party goods retailer, PartyCity is the go-to shopping destination for every type of celebration, offering an extensive andinnovative selection of products at exceptional value.
With a strong omnichannel presence, Party City continues to grow its eCommerce
business, PartyCity.com, while the company’s over 700 company-owned and franchise storelocations across North America remain an integral piece of their business to allow consumers toexperience their products first-hand. The company also operates Amscan, a premier designermanufacturer, and distributor of celebration products including décor, tableware, costumes, andaccessories.
Headquartered in Woodcliff Lake, N.J., with additional locations in the Americas and Asia, PartyCity is committed to helping customers create unforgettable moments for every occasion.
Job Overview :
The VP of Merchandising is responsible for developing portfolio merchandising strategies to maximize profitability, drive sales, improve gross margins and inventory turns. The VP of Merchandising will lead a team of Sr. Directors, Category Managers and Associates, providing direction, support, and coaching. This role will lead the team in partnering with vendors and our core suppliers to ensure Party Cityis the unique and inspirational party and costume destination.
Requirements
Responsibilities and Duties:
Own business and financial decisions across stores,ecom/marketplaces in collaboration with MarketingSign off on assortment decisions for key portfolio categoriesCreate and drive overall merchandising, and category strategies to meet company goals and objectivesCollaborate with Licensing team to create licensing strategies that will deliver growth and excitementDefine Private Label needs across portfolioSeek out, utilize and share relevant competitive analysis/trends forecastsOwn strategy plans, including broad/strategic product presentation vision across stores, ecom and marketplacesOversee the development of assortment strategy, as well as the inventory turnover and marketing plans; good, better, best strategiesEstablish specific category roles and allocate resources accordinglyManage merchandising category budgets and weekly, monthly, and annual forecastingLead, coach and develop merchandising leadership pipelineDevelop strategic partnerships with senior leaders, both internal and externalEnsure positive relationships with critical vendor partnersCollaborate with product development teams to assure product strategy is in line with merchandise plan and strategyParticipate with Product Development on trips to AsiaCommunicate weekly business trends and forecastDrive the process for category and product versioning for all store velocity groupings (High, Average and Low) to ensure the minimization of inventory liabilities and driving higher product sell-thruIn conjunction with Pricing and BI, manage the pricing strategies for all portfolio categoriesEnsure all categories plan-o-gram and merchandising strategies drive a great customer experience with product placement, flow, retails, pack sizes versus the competitionQualifications:
Bachelor’s degree in retail merchandising, business management or related fieldMinimum of 10 years prior experience in buying, merchandising and/or planning.At least 3 years at the VP/MM level-with a good understanding of merchandising financials and the ability to manage profitabilityStrong analytical aptitudeA merchant who can see the vision of the business through the lens of the consumerA merchant who is comfortable taking calculated bets and acts strategically using financial data to develop a competitive advantageDetail oriented; must be able to dig in and communicate the details of the businessStrong leadership and managerial skills – proven experience in building teamsA strong, curious merchant who has a passion for the businessStrong understanding of consumer and the party goods businessTeam player with stellar work ethicStrong understanding of marketing and web marketing businessStrong knowledge Microsoft PowerPoint, Excel, and Outlook required