Founded in 2020, FIKA's origin is a lifestyle brand redefining cannabis retail including flagship locations in Toronto's Union Station and Distillery District. The FIKA Company is the home of 10 + Canadian retail banners, with over 200+ stores across Ontario, Manitoba, Saskatchewan, Alberta, B.C., and Yukon. At FIKA we provide exceptional service in a variety of welcoming, intuitive, and diversified store environments, this has allowed The FIKA Company retail family to evolve into the destination for every type of cannabis consumer.
Title
Category Manager - Merchandising
Reports To
Director, Enterprise Purchasing - Merchandising
Summary
The Category Manager carries out the organization's Merchandising strategy for retail cannabis shops. This role is responsible for ensuring the best product, price & placement in the retail cannabis space, including promotional planning, forecasting, assortment planning, competitive analysis and delivering to KPI targets.
The Category Manager will work in a hybrid role based out of our Toronto Office, in-office on Tuesdays and Thursdays. This position will be a part of a best-in-class Merchandising team known for pioneering the retail cannabis space in Canada and contribute to other merchandising-related tasks as needed, blending hands-on mentorship and in-person collaboration to accelerate your growth and success.
Core Competencies
Proven success working collaboratively, both internally and externally
Strong analytical, process & organizational skills
Demonstrated ability to think strategically and tactically
Strong financial acumen
Effective negotiation skills
Demonstrated ability to innovate & operate with varying levels of uncertainty
Passionate & enthusiastic about retail
Knowledge of cannabis & accessory products is an asset
Job Duties
Assortment planning for cannabis including purchasing & pricing decisions
Set assortment and pricing strategy by province, banner and category including sales by category
Determine appropriate sku count by category / sub-category and store type (MSC)
Manage vendor relationships
Identify and leverage market and consumer trends
Ensure relevant and compelling assortments to service our customers
Suggest and influence inventory targets by category, province and shop
Competitive analysis
Incorporate shop feedback and communicate with Operations
Forecasting and forecast accuracy
Shop Transfers
Markdowns / Aged Inventory
Market Share
Promotional Planning, including Spark loyalty and other measures to drive traffic, customer engagement and loyalty
Deliver to net margin targets by category and province
Negotiate and deliver compelling and relevant national / provincial promotions during key times to drive sales and GP
Negotiate regular promotions through vendor partnerships as well as margin-accretive allowances that adhere to the company's strategic priorities
Communicate regularly to relevant cross-functional departments
Why you'll love working here
Opportunity to work with a best-in-class team
Internal advancement opportunities
Competitive bonus elements with short-term incentives
Wellness program including access to mental health resources
Access to internal learning & development programs
Team member discount and access to other perks like Perkopolis, Goodlife and many more!
Requirements
5+ years of proven experience in retail category management as a Category Manager, Buyer or similar role.
Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint).
Provincial Cannabis Certification
The FIKA Company respects the diversity of the people it hires and serves. Inclusion to us means fostering a workplace in which individual differences are recognized, appreciated, respected, and responded to in ways that fully develop and utilize each person's talents and strengths.
This application may be evaluated using AI technology as part of our process. Final hiring decisions are made by people. Thank you for your interest and application, only those selected for next steps will be contacted.
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