Lids · 4 days ago
Merchandise Analyst
Lids Sports Group is the largest licensed sports retailer in North America, and they are seeking a Merchandise Analyst to develop and implement inventory allocation strategies. The Analyst will optimize inventory levels to maximize sales and minimize markdowns through data analysis and collaboration with various departments.
Responsibilities
Allocate inventory by store across the assigned categories for new programs, core replenishment items, promotional product, launch programs, and seasonal merchandise
Analyze business results using Excel, Business Intelligence tools and reports to identify opportunities at department, team, vendor, item and location level; identify and action changes in allocation strategy to capitalize on sales trends
Collaborate with Buyers and Merchandise planners to recommend and align on allocation flow strategy and inventory needs to support Merchandising strategies
Develop and apply knowledge of geographic and store-attribute performance and trends through analysis and drive results by transferring knowledge into allocation strategies
New Stores: Ensure allocation of new store inventory meets assortment plan and inventory targets in support of Grand Opening and ensure optimal inventory levels are maintained based on sales performance
Other duties as assigned
Qualification
Required
Strong analytical skills and the ability to interpret complex data to inform decision-making
Consistently demonstrate analytical curiosity and socialize thoughts to drive action
Ability to balance conflicting & competing priorities. Delivering a set of options, detailing impacts for each while driving to a single recommendation
Work collaboratively across multiple functions and departments within the organization on business decisions and able to troubleshoot issues for best possible resolution
Intermediate skills in Microsoft Excel including functions, pivot tables and lookups; proficiency in Microsoft Outlook, Word, PowerPoint
Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and levels of the organization. Can present ideas and recommendations that lead others to action
Results-oriented, willingness to follow through, make informed decisions, complete responsibilities and problem-solve
Bachelor's degree in business-related discipline, fashion merchandising, supply chain and/or 1-3 years of prior allocation experience is ideal
Company
Lids
Lids is a mall-based retailer of sports headwear, apparel, accessories, and novelties.
Funding
Current Stage
Late StageTotal Funding
unknown2004-02-18Acquired
Recent News
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2025-11-04
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