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FabAlley.com - Vice President - Retail Business

8.00 to 12.00 Years   Noida   17 Jan, 2024
High Street Essentials
Job LocationNoida
EducationNot Mentioned
SalaryNot Disclosed
IndustryRetail
Functional AreaNot Mentioned
EmploymentTypeFull-time

Job Description

    Role Objective: Head & own the P&L of the companys offline business, which includes 20 EBOs and 200 points of sale with department stores. Take charge of all associated activities such ashiring and managing personnel, organizing national operations and structuring data collection and analysis, with the view to increase revenue and maximize profitability.Key ResponsibilitiesGROWTH & MANAGEMENT: Develop a strategy to drive growth in the companys own stores, and department stores - in line with the companys growth targets. Define and strategize a roadmap to scale EBOs to 100 stores within 2 years. Identify opportunities for expansion into new retail markets. Also develop and execute actionable plans to enter and succeed in these markets. Oversee the operations of retail stores, ensuring optimal inventory management, visual merchandising, and customer service standards. Lead, develop & implement the sales strategy, monitor sales activities against goals to achieve the. annual sales target. Develop and maintain relationships in the industry to stay up-to-date on market trends, consumer preferences, and competitive dynamics. Manage the retail budget, monitor expenses, and ensure cost-effective operations while delivering strong financial results.Team Management & Leadership Hire, lead and manage a team of retail professionals, including regional managers, store managers and sales staff, to ensure consistent implementation of the retail strategy. Monitor store performance metrics, sales targets, and customer feedback to continuously improve staff performance and store operations. Collaborate with marketing and sales teams to create effective promotional campaigns, product launches, and events. Cultivate relationships with retail partners, distributors, and key stakeholders to expand our retail presence and strengthen collaborations.Candidature Bachelors degree in business administration, Retail Management, or a related field (masters degree preferred). A minimum of 8 years of progressive experience, with significant experience in retail management. Proven track record of leading successful retail operations is ideal. Strong understanding of retail industry trends, consumer behavior, and market dynamics. Exceptional leadership and team management skills with a focus on fostering a collaborative and high-performing team culture. Out of the box thinkers are strongly preferred. Excellent communication, negotiation, and interpersonal skills. Analytical skills to interpret sales data, market insights, and performance metrics. Ability to adapt to changing market conditions and drive innovation in retail strategies.(ref:iimjobs.com,

Keyskills :
retail managementsales strategyinventory managementvisual merchandisingcustomer servicemarket trendsconsumer behaviorleadershipteam managementcommunicationnegotiationinterpersonal skillsanalytical skills

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