What are the responsibilities and job description for the Store Operations Inventory Coordinator position at Lids?
About Our Company
Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the US, Canada, Mexico, Europe, and Australia. Operating out of Indianapolis, IN, our retail stores offer officially licensed headwear and apparel from collegiate and professional sports teams, plus top brands like Nike, New Era, Adidas, and Mitchell & Ness.
We currently operate 1,200 locations domestically and 50 internationally, including specialty concept stores for the NBA, NHL, Paris Saint-Germain, and numerous MLB teams. In recent years, Lids has built partnerships with iconic global brands including Marvel, Playboy, and the Harlem Globetrotters, and gained ambassadors like Justin Jefferson, Quavo, and Josephine Skriver – creating a community for both sports fans and fashion lovers.
The company is currently expanding with the goal of becoming the largest licensed brick-and-mortar sports retailer across the globe.
General Position Summary
The Store Operations Inventory Coordinator is a member of the Operations team and is tasked with overseeing inventory control for our stores across the country. Directly work as a liaison between our store teams and buying/Merchandising departments to ensure inventory request needs are properly distributed. Creating inventory as a selling tool enhance store performance.
Principle Duties and Responsibilities
- Support the Lids field operations team by managing and solving store inventory discrepancies.
- Monitor Merchandise Inventory Request forms from our field stores, ensuring the proper parties receive/complete inventory requests.
- Monitor inventory adjustments for accuracy and completion.
- Identify and rectify stock imbalances in individual stores.
- Develop knowledge of geographic and store-attribute performance and trends through analysis and drive results by transferring knowledge into allocation strategies.
- Communicate/make recommendations regarding store needs, distribution concerns, sizing, team, and new store opportunities.
- Develop daily reporting on key business performance metrics to track, evaluate performance, forecast opportunities and results.
- Develop ad-hoc reports on an as-need basis and communicate key takeaways to senior leadership, District Sales Managers, including identifying opportunities or risks.
Additional Principal Duties and Responsibilities
- Partner closely with Lids District Sales Managers on performance results to find areas of opportunities to increase store performance.
- Aid in the development and maintenance of the long-range strategic forecast to provide the business with financial insight into current growth plans.
- Create, analyze, and provide actionable data to answer business questions, while ultimately providing data-driven stories to improve results for Lids Retail Functions.
- Perform other duties as assigned.
Job Required Knowledge & Skills
- Bachelor’s degree in accounting or finance.
- 0-2 years of experience in accounting and/or financial analysis.
- Retail experience or understanding the retail environment.
- Excellent proficiency in excel (can perform complex functions).
- Proficient in MS Office and general ledger packages.
- Exceptionally proficient in cross-functional data sets and identifying trends/anomalies against expectations.
- An excellent communicator and a great team player.
- Intellectually curious and interested in understanding the impact and the “why” relating to different aspects of the role.
- Excited about working in a fast-paced environment with the opportunity to drive change.
Reports To
- Director of Store Operations
#LI-TC2
EEO Statement:
Hat World, Inc., Lids Holdings, Inc., dba Lids and subsidiaries is an Equal Opportunity Employer and is committed to complying with all federal, state, and local EEO laws. Hat World, Inc., prohibits discrimination against employees and applicants for employment based on the individual's race or color, religion or creed, national origin, alienage or citizenship status, marital status, sex, pregnancy status, age, military status, disability, or any other protected characteristic or class protected by law. Hat World, Inc. provides reasonable accommodation for disabilities in accordance with applicable laws.
Notice to Applicants:
In connection with your application, we collect information that identifies, reasonably relates to or describes you (“Personal Information”). The categories of Personal Information that we collect include your name, government issued identification number(s), email address, mailing address, other contact information, emergency contact information, employment history, educational history, criminal record, and demographic information. We collect and use those categories of Personal Information about you for human resources and other business management purposes, including identifying and evaluating you as a candidate for potential or future employment or future contract positions, recordkeeping in relation to recruiting and hiring, conducting criminal background checks as permitted by law, conducting analytics, and ensuring compliance with applicable legal requirements and Company policies.
Need accessibility assistance to apply?
Applicants who require accessibility assistance to submit an employment application, please email us at onboardingsupport@lids.com. A member of our Talent team will respond as soon as reasonably possible. This email address and is only for individuals seeking accommodation when applying for a career at Lids.
Req ID: 17457
Location: Corporate Office
