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US Retail Compensation and Benefits

16001 - Division Merchandise Manager (DMM)

Responsible for achieving brand and financial objectives for a class of merchandise (not for the entire organization). Supervises a group of Buyers to achieve this objective. Analyzes sales and market trends to establish overall product assortment strategy. Establishes product specifications. Sets price levels/ranges and markdowns. May negotiate very large contracts or manage the relationship of large vendors to ensure vendor compliance with guidelines. May partner with the planning group to create monthly (or periodic) sales goals. Plans the inventory levels for season, department, or class of merchandise. This position may report to the General Merchandise Manager (GMM). If there are multiple levels of management between Buyer and GMM, report the data for the level directly above Buyers.