Regional Vice President - LOFT (North USA Region)

About us

LOFT creates modern, feminine, versatile clothing for women with one common style goal: to look and feel confident wherever the day takes them. We empower women to find their authentic self-expression because feeling like yourself is always in style.

 

Here at LOFT, we're busy styling the careers and supporting the lives of everyday optimists just like you. Express your authentic self and experience endless inspiration, all while enjoying the opportunities and benefits that help you get the most from your career, life, and wardrobe.

 

Regional Vice President – LOFT – North Region (USA)

 

About the role

To direct all activities required to achieve regional goals, including sales and profit objectives, client service, human capital investment and retention, payroll and operating expenses, loss prevention, and merchandise presentation, while contributing to shaping the stores’ corporate strategies.

Region Scope: 9 Districts / Approximately 200 stores (NW Pacific, Upper Midwest, Northeast)

Preferred RPV base: NE USA

 

The impact you can have

 PRIMARY RESPONSIBILITIES/ACCOUNTABILITIES:

• Develops District Managers and District Directors to accomplish region’s objectives through recruitment, selection, coaching, investment, career -pathing, retention and motivation. Maintains a union-free environment
• Ensures attainment of sales, payroll, operating expenses and inventory shortage goals for region
• Helps set priorities and direction for region with major emphasis on Values & Practices, client service, human capital, financial objectives, merchandising assortment and presentation
• Has a clear vision for and understanding of the business, culture, and operations; maintains a long-term, big picture view, foreseeing obstacles and opportunities, and generating innovative ideas

 PEOPLE MANAGEMENT:

• Ensures regional compliance in recruiting, selecting, hiring and developing diverse talent; develops talent pools for key positions
• Partners with Human Resources to develop and execute succession planning, ensuring key position backfill
• Assesses, develops, educates and mentors District Directors and District Managers in all areas of responsibility, ensuring that feedback, coaching and investment are regularly provided
• Holds District Directors and District Managers accountable for achievement of financial results and human capital metrics by driving business, managing conflict and moving them to action
• Encourages development through challenging assignments, stretch goals, and cross -functional or divisional collaboration
• Communicates clearly, despite incomplete or ambiguous information, and shares knowledge, information and experience with region, clients, vendors, mall management, and peers
• Translates broad strategies into clear objectives and practical action plans
• Fosters team commitment through support, building relationships, and recognizing individual contributions
• Leads by taking calculated risks, championing breakthrough ideas and cultivating a broad network to rally support and manage through change and adversity
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REVENUE GENERATION:

• Shares vision and is responsible for execution of region’s business strategy in alignment with Home Office initiatives
• Is responsible for setting and attaining regional sales and expense management goals
• Drives quantifiable performances (LY, Plan, UPT, DPT, conversion rates, payroll matrix, inventory shortage, operational assessments, credit card)
• Educates District Directors and District Managers in business analysis and on inventory opportunities
• Grasps the position of the business within the marketplace, demonstrating a thorough understanding of organization’s opportunities, capabilities, and competitive liabilities

STORE OPERATIONS:

• Allocates regional resources according to the company’s strategic priorities
• Effectively balances the competing priorities of different constituencies
• Protects region's assets and ensures compliance with Loss Prevention practices
• Is responsible for maintenance of the physical appearance of stores within region
• Ensures compliance with all practices and procedures as outlined in the reference manual
• Anticipates risks and devises contingency plans to manage them

PRODUCT MANAGEMENT:

• Ensures execution of all pricing strategies to achieve gross margin goals
• Partners with Store Planning to manage inventory levels
• Makes recommendations with regards to cross-divisional transfers, transfers, and end-of-season consolidations
• Provides actionable feedback to corporate off