The Retail Product Development Manager will lead the development and execution of the product strategy for all Sazerac-owned retail stores in Homeplaces and Branded Experiences. This role ensures that every branded merchandise and retail item reflects the brand’s identity while driving sales, margin, and guest engagement. It is a strategic and hands-on position responsible for developing assortments, managing vendors, and partnering closely with in-market teams to build world-class retail experiences.
Product Strategy & Range Planning
- Lead the product strategy and seasonal range planning for all physical retail locations across domestic and international markets.
- Partner with site GMs and Retail Managers to align assortments with local guest profiles and sales opportunities.
- Deliver on brand, revenue, and gross profit objectives through product development, buying, and merchandising.
- Create and manage multi-brand assortments across price tiers, focusing on value, brand alignment, and SKU productivity.
Cross-Functional Collaboration
- Collaborate with brand teams to translate campaign narratives into tangible product offers.
- Stay ahead of retail and cultural trends to ensure relevant and on-brand product selections.
Store & Vendor Management
- Conduct periodic store audits to evaluate merchandising execution and product performance.
- Negotiate vendor costs and lead RFP processes to maximize margin and secure best-in-class partners.
Business & Category Management
- Own and manage category-level business planning, SKU performance reviews, and seasonal refresh calendars.
- Manage creative and production agencies responsible for product design and delivery.
- Lead the development of product planning tools, calendars, and process improvements.
- Set in-stock targets, safety stock levels, and SKU count discipline by location and category.
Pricing & Margin Optimization
- Develop pricing strategies and review cadence, including Good/Better/Best tiering and tactical margin moves.
Site Partnership
- Partner with site GMs and Retail Managers to align assortments with local guest profiles and sales opportunities.
People Development & Culture
- Conduct PDS reviews with direct reports to enhance skills and performance.
- Utilize the PDS framework as a tool to facilitate effective performance discussions, ensure consistent skill assessments, recommend appropriate actions and strategies, and monitor progress.
- Promote the adoption and effective utilization of PDS within the Homeplace team.
- Foster and uphold the Company’s culture and values.
