Retail is the UK's largest employment industry outside of the public sector. It employs over 3 million people and boasts an extremely broad range of employers. From fashion retailers to department stores and supermarkets to high street chain stores and internet shopping providers, a retail merchandiser will be behind how much they sell of something and where.
Retail merchandising jobs play a key role in forecasting demand and keeping retailers on top in a highly competitive sector.
What do retail merchandising jobs involve?
Retail merchandising jobs are a vital cog in the retail industry wheel. A retail merchandiser works alongside buyers and effectively holds the department's purse strings.
A retail merchandiser is responsible for ensuring that the right number of products appear in the right store and at the right time. Whilst the buyer chooses the merchandise, it is up to the retail merchandiser to decide how much money should be spent and how many lines should be bought.
Retail merchandising jobs are very fast-paced. Varying from day to day, retail merchandising involves forecasting profits and sales, ensuring "best sellers" are back on the shelf before they sell out. Liaising with buyers, analysts, stores, suppliers and distributors is also a key part of the job. Retail merchandising jobs also oversee the delivery and distribution of stock, dealing with any problems as they arise.
The current climate
Fast-paced and with a diverse range of opportunities, the retail industry continues to grow in the economic downturn. In fact, online retail is expected to rise by a substantial 13.3% to £20.9 billion this year. By 2013, that figure is expected to reach £31.2 billion, accounting for 10% of total retail spending.
From round-the-clock opening times to online shopping, retail organisations are offering more and more incentives to attract and retain customers. Retail merchandising jobs play a vital role in adapting to market trends to keep growth in the sector as it continues to experience fundamental change.
What will employers look for?
Retail merchandising jobs can vary greatly from one employer to the next. First of all, it's important to establish the requirements of each job vacancy you see and make sure it's what you're looking for.
Employers will be looking for a number of key skills. A retail merchandiser should have good commercial awareness and strong analytical and numerical skills, the ability to plan and prioritise as well as working under pressure. Retail merchandising also requires sound decision-making skills.
Competition for entry into retail merchandising jobs can be high. A degree in business/management, finance, marketing or other related subject can increase your chances. Some employers will consider graduates in any discipline as long as they can demonstrate the necessary skills.
Experience of working in an office and some retail work is also advantageous. It demonstrates an interest in the industry and the ability to work in an office environment.
At RetailChoice.com, you can browse hundreds retail merchandising jobs online right now. Search by location or keyword to find the latest retail merchandising jobs, or upload your CV and let them come to you.
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