Market Manager
Job Description
Job Description
Description:
Essential Merchandising Duties and Responsibilities
? Sees that all promotional plans/programs are implemented in a timely and effective manner.
? Meets and exceeds all company requirements for gross profit margins and gross profit dollars.
? Meets and exceeds all company requirements for inventory turns.
? Does not discuss or share confidential information with competitors, vendors or customers.
? Responsible for his/her stores to be in compliance with corporate retail pricing.
? Ensures each store maintains proper ordering and inventory levels.
? All stores are maintaining current displays, point of sale signage, and promotional aids and materials throughout the
promotional period.
? Ensures all store footprints and planograms are set per company guidelines.
? Periodically audits build-to’s; to maintain in-stock conditions and minimize over or under purchasing.
? Maintain awareness of the competition’s pricing and strategies and up line the information to the
Merchandising/Marketing Department.
? Assists in conducting competitive price surveys and verifies accuracy of team’s surveys.
Essential Net Profit and Budgeting Duties and Responsibilities
? Responsible for the overall net profit of their stores.
? Meets and exceeds all budgeted labor expenses per store and Market.
? Maintain selling and operating expenses at or below budgeted levels.
? Maintain awareness of utility expenses, conservation techniques and proactively seeks opportunities to lower utility
costs.
? Maintain cash, gas, and merchandise shortages/overages at or below budgeted levels.
? Provides accurate and timely estimates and analysis of net operating profit and budget compliance.
? Reviews weekly/monthly operations report and be able to discuss positive and negative trends. Establish a plan to
continue the positive trends. Create and implement an action plan to turn the negative trends into positive trends.
? Review time records to monitor adherence to all Federal Labor Laws.
? During Store Manager meetings, communicate specific budgeted sales, expenses, and profitability to maintain an
awareness of goals that are trending in a positive manner and put in place an action plan to achieve those levels not
being met or trending negatively.
Essential Personnel Management Duties and Responsibilities
? Responsible for overseeing the quality of training, motivating and maintaining qualified employees to meet our store
business model, customer needs and expectations.
? They are the Role Model and Mentor to their employees.
? Encourages employees to seek and achieve their potential within the company.
? Manages a diverse and qualified Market team. Does not tolerate the mistreatment or harassment of any employee
due to their race, color, sex, religion, national origin, citizenship, status, age, disability, or sexual orientation.
? Knowledgeable about Company benefits and opportunities.
? Follows our Performance Improvement Process and works with their managers to change employee’s performance
when the employee’s performance does not meet our Company standards.
? Responsible for the continued training, education and development of their Store Managers and all employees
assigned to their Market. All store employees will be trained according to corporate policies, procedures, and
guidelines.
? During the Employee Appraisal period, reviews, submit, and approves each performance for their Store Manager and
for their employees.
? Sees that all employee personnel paperwork is completed and submitted in a timely manner.
? Treats every employee fair and in a professional business manner.
? Sees that each Store Manager submits payroll to the Payroll Department as required.
Essential Staffing and Training Duties and Responsibilities
? Responsible and takes a proactive role in developing, recruiting, interviewing, and hiring the most qualified Store
Managers and Assistant Managers to staff their stores.
? Helps their stores in recruiting, interviewing and selection of candidates to fill their staffing opportunities.
? Communicate staffing needs to their other stores and to HR when necessary.
? Monitors the progression of employees in training to ensure they are receiving the proper training programs and
experiences.
? Market Manager will train one Store Manager capable of fulfilling the Market Manager’s responsibilities in their
absence.
? The Market Manager may be asked to participate in any other related task or activity which management determines
his/her skills would be useful or needed.
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