Head of Retail
Location - Delhi
CTC - 90 LPA
Job Purpose
The role of Head-Retail requires the management of the day-to-day retail operations effectively and efficiently ensuring achieving sales KPIs in line with Annual Operating Plan, training and developing personnel and ensuring the security of stock, cash, property and equipment.
Principal Responsibilities
A. Sales
- Increase sales in line with the Annual Operating Plan to maximise profitability while reducing costs through well managed operational controls
- Achieve sales targets, Average Transaction Value (ATV), Spend Per Passenger (SPP), Average Selling Price (ASP), Unit Per Transaction (UPT) in line with the Annual Operating Plan
- Drive sales and retail improvements through analysis and support
- Propose measures to improve operational performance
- Ongoing review of sales results versus targets and budget
B. Operations
Maintain the stability and reputation of the store by complying with legal requirementsMaintain operations by initiating, coordinating, and enforcing retail operational policies and procedures manualImplement and maintain retail operational policies and procedures to incorporate a sales plan, cost control, shrinkage management and reduction, audit compliance and people managementContribute to future development at strategic and operational levelPlan, identify, communicate, and delegate key responsibilities and practices to the store management team to ensure smooth flow of retail operationsOversee maintenance of floor standards in terms of furniture, fixtures, equipment.C. Financial
Achieve financial objectives by preparing budgets, scheduling expenditure, analysing variances, and initiating corrective actionsMaximise sales and profitability for the companySet monthly targets through Annual Operating PlanUpdate forecast resultsD. Staff
Ensure store operations requirements are fulfilled to include scheduling, assigning employees, follow up on work resultsMaintain store staff by assisting in recruitment, selection, orientation, and trainingMaintain store staff results by coaching, counselling, disciplining, planning, monitoring and appraising job resultsAlign store operations management team on Sales targets.Develop the sales staff and support areas to optimize sales and profitsCreate and develop a coaching culture as well as promoting an environment that promotes diversityBuild conducive environment to control employee attrition.Lead the store team to deliver a profitable businessEnsure staff have a high level of customer awareness and product knowledgeLiaise with Training Department to develop and manage the company's sales and product training programmesE. Merchandise
Review merchandise activities, determining additional sales promotion, authorization stock clearance and studying trends.Market merchandise by studying advertising, sales promotions, display plans, analysing operating and financial statements for profitability ratiosSecure merchandise by implementing security systems and measuresSet the highest international merchandise standardsLiaise with Buying department to ensure range and stock levels are consistent with business requirementsF. Customers
Identify current and future requirements by establishing rapport with potential and actual customers and other persons in a position to understand service requirementsTake account of customer's needs and shopping habits and competitor activityUse a range of internal and external information data to initiate business changes and create a customer focused cultureG. Marketing
Partnering in marketing strategy changes by reviewing seasonality and recency.H. General
Stakeholder management with Customs, CISF, BCAS and other Government agencies.Knowledge, Qualifications, Experience & Skills Experience
18 - 20 Years, out of which last 3 years heading Retail Operations of progressively responsible luxury retail companyCurrently heading retail of multi-million turnover businessEducation & Qualifications
Graduate (any stream) / PostgraduateShow more
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Skills Required
operational controls, Stakeholder Management