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- Tasks: Support the Merchandising team in managing product assortments and optimising sales strategies.
- Company: Fenwick, a historic and innovative family-owned department store.
- Benefits: 33 days annual leave, birthday off, up to 25% discount, and hybrid working.
- Why this job: Join a dynamic team and make a real impact on merchandising strategies.
- Qualifications: Strong analytical skills, financial acumen, and good knowledge of Excel and merchandising systems.
- Other info: Collaborative culture with opportunities for growth in a leading retail environment.
The predicted salary is between 28800 - 43200 £ per year.
Do you want to be part of the evolving Merchandising landscape at Fenwick? Are you looking for a new challenge? If so, we have an exciting opportunity for you to join our Merchandising team as an Assistant Merchandiser in the Home category!
We offer hybrid working between your home and our offices on Wigmore Street, Central London, offering a collaborative and innovative working space. We are also open to applicants based in Newcastle Upon Tyne to be based in our functional hub in our Newcastle Flagship store.
When you join Fenwick, you’ll receive:
- 33 days annual leave (inclusive of 8 bank holidays) and a buying holiday benefits scheme in which you are eligible to buy a further 5 days across the year
- Your birthday off as an additional day annual leave – this can be taken any day within your birth month.
- Up to 25% discount in all Fenwick stores and fenwick.co.uk.
- ‘Perks’ - a great way to get Retail, Leisure & Hospitality discounts, exclusive deals, and cashback on a wide range of products.
- WeCare - 24/7 GP, wellbeing advice & support service
- Hybrid Working (Every Thursday and Friday working from home)
As an Assistant Merchandiser, you'll play a pivotal role in securing the right quantities and assortment of products in each store, at the perfect price point, all to meet our sales and profit targets. Collaborating closely with our Merchandiser and Buying teams, your contributions will encompass setting and managing strategies, streamlining planning and trading, and identifying key trading opportunities that align with our long-term objectives.
Your responsibilities will extend to the meticulous management of our systems, particularly the WSSI's. You'll be integral in setting up, maintaining, and regularly updating sales, stock, intakes, and markdowns within these systems. Your analytical prowess will shine through as you continually review data, providing essential recommendations to the Merchandiser and Buying teams, contributing significantly to our strategic decision-making process.
Moreover, your adeptness in planning and executing re-orders for continuity ranges will be essential in meeting our sales forecasts and stock targets. As part of the team, you'll actively support the Merchandiser in optimising Open to Buy (OTB) planning, ensuring maximised full-price sell-through and reduced markdowns to enhance stock turnover.
Through detailed monitoring of departmental performance metrics, including sales, stock levels, profitability, and promotional activity, you'll provide crucial insights and historical analyses to guide future strategies and enhance our decision-making processes.
If you’re ready to contribute your expertise in driving profit while minimising risk, this role at Fenwick could be the perfect fit for you!
What we are looking for in a candidate:
- Excellent analytical and numerical skills
- Demonstrated financial acumen in previous roles
- Good commercial awareness of the industry
- Developed communication, influencing and relationship skills
- Good working knowledge of excel and B+M systems – in particular WSSI’s, and Stock and Commitment processes
- Able to make logical decisions under pressure
- Able to manage time well to prioritise multiple workstreams/objectives
- Innovative and uses initiative
- Understanding of the purpose of a merchandising function
- Experience within a buying/merchandising function
Fenwick is rich with heritage and history and have been style pioneers since 1882 when our first store opened. We know luxury and are proud to remain the largest independent, family-owned group of department stores within the UK. We are on an exciting journey to exceed our customers' expectations and we are always on the lookout for new talent to join us.
Our collaborative spirit unites a workforce of over 2,000 individuals across our stores, as well as in our support functions, encompassing Digital, Buying & Merchandising, IT, Finance, People, Customer Service teams, and our cherished restaurants and distribution centres.
In 2023 we launched our ‘Quiet No More’ campaign, enhancing our presence on the UK high street as well as our eCommerce website going from strength to strength. Together, we form the beating heart of Fenwick, driving forward our vision for excellence and innovation. Join us as we pave the way toward an even brighter tomorrow, where tradition meets transformation!
Assistant Merchandiser employer: Fenwick Limited
Contact Detail:
Fenwick Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Merchandiser
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Fenwick on LinkedIn. A friendly chat can give us insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by researching Fenwick's recent projects and initiatives. We want to show that we’re genuinely interested in their journey and how we can contribute to their merchandising goals.
✨Tip Number 3
Practice common interview questions, especially those related to analytical skills and merchandising strategies. We need to be ready to showcase our numerical prowess and commercial awareness!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re keen on being part of the Fenwick family right from the start.
We think you need these skills to ace Assistant Merchandiser
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Assistant Merchandiser role. Highlight your analytical skills and any relevant experience in merchandising or buying. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about joining Fenwick and how you can contribute to our merchandising team. Be genuine and let your personality come through!
Show Off Your Skills: Don’t forget to showcase your numerical and analytical skills in your application. Mention any experience with WSSI systems or Excel, as these are key to the role. We love seeing candidates who can back up their claims with examples!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!
How to prepare for a job interview at Fenwick Limited
✨Know Your Numbers
As an Assistant Merchandiser, you'll need to showcase your analytical and numerical skills. Brush up on key metrics related to sales, stock levels, and profitability. Be prepared to discuss how you've used data in previous roles to make informed decisions.
✨Understand the Merchandising Function
Familiarise yourself with the purpose of merchandising and how it impacts the overall business strategy. Research Fenwick's approach to merchandising and be ready to share your insights on how you can contribute to their goals.
✨Excel Skills are Key
Since good working knowledge of Excel and B+M systems is crucial, practice using these tools before your interview. Be ready to discuss specific examples of how you've used Excel for data analysis or reporting in past roles.
✨Showcase Your Communication Skills
Effective communication is vital in this role. Prepare examples of how you've influenced decisions or built relationships in previous positions. Highlight your ability to collaborate with teams, especially in a fast-paced environment like Fenwick.