What are the responsibilities and job description for the Vice President of Retail position at Standard Wellness?
Standard Wellness’s mission is to improve quality of life through safe and easy access to cannabis by providing consistent, high-quality product through innovation, vertical integration and aggressive regulatory reform.
We aim to create a new standard in the medical cannabis industry for quality, care, innovation, and education while still maintaining a focus and conscious understanding of how our decisions within the role effect the social and environmental impact in our community and for our patients. We’re committed to a research-driven, patient-centric approach in all that we do, and we work to have a lasting positive impact in our community.
Position Summary:
The VP of Retail is a critical leadership role responsible for the strategic direction and operational excellence of our growing retail dispensary network. Reporting to the CEO, this individual will provide world-class customer experience to drive retail sales growth and profitability, develop an exceptional team, optimize operational efficiency, and ensure compliant operations.
Essential Job Functions:
- Strategic Leadership: Create and execute a comprehensive retail strategy across the entire portfolio with focus on continuous improvement.
- Customer Experience: Ensure strategy and processes are optimized to deliver the best customer experience.
- Financial Management and Reporting: Drive profitable revenue growth, develop and execute budgets, analyze sales and customer data to predict trends and proactively drive operational improvements.
- Merchandising and Marketing: Collaborate with marketing team to enhance customer experience and ensure consistent approach across retail portfolio.
- Compliant Operations: Foster a culture of compliance and ongoing training.
- Leadership and Team Development: Recruit, train, and develop a high performing retail team with a culture of accountability and continuous improvement.
- Optimize inventory management practices, ensuring proper stock levels, product assortment, and accurate tracking.
- Oversee the establishment of strong relationships with vendors and suppliers, ensuring timely and reliable product availability.
Qualifications Required:
- 5 years of multi-unit leadership experience
- 10 years of experience working in retail stores in a high-paced environment
- 2 years of cannabis leadership experience (i.e., General Manager, District Manager, Regional Manager)
- Professional, solid business acumen with a people-first focus to drive for results, exceeding expectations
- Experience opening new retail locations and working with leadership to ensure stores are living and operating the company’s mission, vision, and values, including experience around inventory control, loss prevention, retail systems, merchandising, customer service, talent planning, and store budget preparation and adherence
- Entrepreneurial mindset, creative problem solver, strong leadership and decision-making skills with the ability to sell, manage and drive growth
Required:
- Must be at least 21 years of age
- Must have a valid drivers’ license and clean driving record
- Must be able to pass all background check and licensing requirements as set forth by the state
- Bachelor’s degree in marketing, business, or related field
- 7 - 10 years’ experience in retail, operations, wholesale leadership
- Must be able to perform the essential functions of the job with or without an accommodation
- Must be able to read, write, speak and understand the English language