VP, Merchandising

Slumberland Furniture

Oakdale, MNFull-time$80K/yrTracked 1w agoSeen in employer's feed 6 days ago

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At a glance

Compensation
$80K/yr
Location
Oakdale, MN
Schedule
Full-time
Work Authorization
Not specified

Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

Slumberland Furniture is hiring a VP, Merchandising. The VP of Merchandising leads Slumberland Furniture’s merchandising strategy, overseeing product assortment, pricing, and lifecycle management across all channels. They ensure a profitable, differentiated offering that drives traffic, conversion, and margin while aligning supply chain, marketing, sales, and finance to meet inventory and customer demand.

Key focus areas include Develop and execute merchandising strategy supporting revenue growth and margin targets, Own end-to-end product lifecycle from selection to exit, and Define category strategies and manage assortment architecture.

Important skills include Merchandising Strategy, Product Assortment, Pricing, Lifecycle Management, Category Strategies, and Assortment Architecture.

Skills & qualifications

RequiredNice to have

Skills

Merchandising StrategyProduct AssortmentPricingLifecycle ManagementCategory StrategiesAssortment ArchitecturePromotional StrategiesSales Performance MonitoringMargin Performance MonitoringProduct Turns and Productivity MonitoringProduct ExpansionProduct OptimizationProduct TestingDemand PlanningSupply Chain AlignmentForecastingInventory StrategyVendor StrategyProduct SourcingVendor Relationship ManagementNegotiationCost ManagementTerms ManagementExclusivity and Differentiation OpportunitiesStore Environment DevelopmentProduct Presentation StandardsVisual MerchandisingCross-Functional LeadershipTeam-First Decision MakingTeam DevelopmentCategory ManagementFinancial AcumenProduct ManagementSuccession PlanningCommunicationExecutive PresenceStrategic DiscussionsKPI ManagementSales and Comp PerformanceGross MarginInventory TurnsExecutive-Level ReportingBudgetingBudget ManagementVendor Investments Optimization

Qualifications

Bachelor's Degree in Related Field or Equivalent7-10 Years of Related ExperienceTravel RequiredAbility to Lift and/or Move Up to 10 Pounds

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
Paid Time Off
401(k) Match
Tuition Assistance

Full job description

Job Duties

Since day one, back in 1967, Slumberland Furniture has valued love, dignity, and respect. Being a family-owned company, we are proud to offer a kind, friendly, and supportive atmosphere where we share a common goal. Our goal is to provide an exceptional customer experience and quality furniture for a great price.

Primary Objective & Scope of Position:

The VP of Merchandising leads the merchandising strategy, product assortment, pricing, and lifecycle management for Slumberland across all channels.

This role is accountable for delivering a compelling, profitable, and differentiated product offering that drives traffic, conversion, and margin. The VP ensures strong alignment across Supply Chain, Marketing, Sales, and Finance to connect product decisions to in-stock performance, customer demand, and overall business results.

Essential Functions and Accountabilities VP Merchandising:

Merchandising Strategy & Business Ownership

Develop and execute a merchandising strategy that supports revenue growth, margin targets, and brand positioning.

Own the end-to-end product lifecycle: selection, launch, performance management, and exit.

Ensure assortment reflects:

Customer needs and trends

Competitive positioning

Slumberland brand identity

Balance top-line growth, margin, and inventory productivity.

Assortment, Pricing & Product Performance

Define and manage category strategies and assortment architecture.

Establish clear pricing and promotional strategies aligned with margin goals.

Monitor and actively manage:

Sales performance

Margin performance

Product turns and productivity

Make timely decisions on product expansion, optimization, or exit.

Ensure strong discipline around product testing and rollout.

Demand Planning & Supply Chain Alignment

Partner closely with Supply Chain to ensure:

Strong in-stock position by category

Clear visibility into product availability and timelines

Align on forecasting, commitments, and inventory strategy.

Take shared ownership of inventory outcomes, not just product selection.

Ensure product strategies are operationally executable.

Vendor Strategy & Product Sourcing

Own strategic vendor relationships and sourcing strategy.

Negotiate and manage:

Cost

Terms

Exclusivity and differentiation opportunities

Build partnerships that support:

Innovation

Speed to market

Competitive advantage

Hold vendors accountable through clear expectations and performance metrics.

Store Experience & Product Presentation

Lead development of store environment and product presentation standards.

Ensure alignment between:

Product

Visual merchandising

Customer experience

Partner with Marketing and Sales to create a consistent and compelling in-store and online experience.

Drive clarity on how product is shown, sold, and supported in stores.

Cross-Functional Leadership

Act as a core driver of the business, working closely with:

President (growth, brand, product direction)

Supply Chain (inventory and execution)

Marketing (campaigns and product storytelling)

Sales (store execution and feedback loop)

Finance (margin, profitability, and forecasting)

Ensure strong alignment between product decisions and business execution.

Eliminate silos and drive team-first decision making.

Leadership, Accountability & Team Development

Build and lead a high-performing merchandising team.

Set clear expectations around:

Ownership

Urgency

Decision-making

Follow-through

Develop team capabilities in:

Category management

Financial acumen

Product strategy

Ensure strong bench strength and succession planning.

Communication & Executive Presence

Provide clear, timely, and actionable communication to leadership:

Product performance

Risks and opportunities

Key decisions needed

Be a visible and engaged leader across the organization.

Actively participate in leadership forums and strategic discussions.

Ensure merchandising is well understood across all functions.

Measurement, Reporting & Financial Management

Own merchandising KPIs, including:

Sales and comp performance

Gross margin

Inventory turns

Product productivity

Deliver monthly executive-level reporting:

What happened

Why it happened

What actions are being taken

Partner with Finance on forecasting and financial planning.

Manage and optimize the merchandising budget and vendor investments.

VP Merchandising Benefits

Full Benefits Package: Medical, Dental, Vision, and more

Unlimited PTO

401K Retirement and Profit Sharing

Yearly bonus potential

Car and cell phone allowance

Tuition Reimbursement

Generous Merchandise Discount

Potential Franchise Ownership

No-cost mental health and wellbeing support through our Employee Assistance Program

Bachelor's Degree in related field and seven to ten years of related experience; or equivalent combination of training, education and experience.

Ability to occasionally lift and/or move up to 10 pounds, and utilize senses such as vision, speech and hearing. Work primarily within a climatically-controlled office environment. Travel is required.

Minimum Education Required

Bachelor's Degree in related field and seven to ten years of related experience; or equivalent combination of training, education and experience.

Minimum Experience Required

See Job Description

Shift

First (Day)

Number of Openings

1

Public Transportation Accessible

No

Veterans Encouraged to Apply

Yes

Physical Required

No

Drug Test Required

No

Compensation

$80,000.00 / Annually

Postal Code

55128

Job Type

Full Time

Place of Work

On-site

Requisition ID

4022

Job Benefits

Full Benefits Package: Medical, Dental, Vision, and more

Unlimited PTO

401K Retirement and Profit Sharing

Yearly bonus potential

Car and cell phone allowance

Tuition Reimbursement

Generous Merchandise Discount

Potential Franchise Ownership

No-cost mental health and wellbeing support through our Employee Assistance Program

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