William Holmquist

William Holmquist Email and Phone Number

Merch Excellence | CRO | Ecommerce | Retail | Ex-Target | Ex-Best Buy @
William Holmquist's Location
Minneapolis, Minnesota, United States, United States
William Holmquist's Contact Details

William Holmquist personal email

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About William Holmquist

Visionary consumer products executive with over 15 years’ experience leading sales and marketing teams, implementing end-to-end core merchandising and planning techniques, taking comprehensive ownership of P&Ls, and aggressively pursuing growth opportunities. Adept at observing competitive landscapes and emerging market trends to develop strategies that drive sustainable and profitable revenue growth.

William Holmquist's Current Company Details
Bedrock Retail Group

Bedrock Retail Group

Merch Excellence | CRO | Ecommerce | Retail | Ex-Target | Ex-Best Buy
William Holmquist Work Experience Details
  • Bedrock Retail Group
    Founder & Principal
    Bedrock Retail Group Apr 2023 - Present
    Provide consultative services across a variety of retail and merchandising disciplines, including merchandise planning, sourcing, merchant relationship management, negotiations, assortment architecture, business analytics and insights, and item lifecycle management
  • Ace Casual Furniture
    Chief Revenue Officer
    Ace Casual Furniture Jan 2022 - Mar 2023
    Wayzata, Us
    Transformed and re-structured a sprawling furniture business through effective leadership of sales and marketing team and infusion of a data-driven framework. Empowered team members with knowledge, tools and inspiration take business to the next phase of growth. • Led team of 9 sales and marketing professionals. Instituted quarterly goals and objectives sessions, drove forecast alignment and accountability, conducted weekly account reviews, assigned stretch goals and emphasized importance of analytical rigor in decision-making to increase efficiency and job satisfaction.• Directed key account acquisition and license partnership efforts that generated a 17% increase in revenue.• Identified opportunities in two emerging product lines and increased their sales by nearly 100%.• Implemented digital marketing strategies (SEO and paid search) that increased direct-to-consumer sales 11% and boosted customer return rate 45%.• Brought fresh discipline to organizational financial management and planning, including short-, mid-, and long-term forecasts, monthly revisions, and post-mortem recaps.
  • Target
    Senior Merchandise Planner, Gaming
    Target Jul 2017 - Jan 2022
    Minneapolis, Mn, Us
    • Responsible for all financial components of this $2.5B business. Cultivated strong, collaborative relationships with the industry’s biggest vendors, including Nintendo, Sony, Microsoft, Meta/Oculus, and HP.• Achieved continued, strong sales and profit growth in a highly volatile and complex supply environment. FY2021 sales increased 21% with 1.2% margin growth. FY2020 sales increased 74% with 3.1% market-share growth (equivalent to $450M in revenue). Revenue growth driven by new hardware platforms (Xbox, PS5, Oculus).• Drove 10% market share growth in Oculus VR business, to achieve $240M in revenue in first full year.• Spearheaded Digital Captainship for Target’s Hardlines Pyramid. Established charter, gained alignment with leadership team, recruited captain leads, and drove accountability and inspiration across network of 20 Hardlines captains. Digital sales grew 137% in FY20. Drove initiatives that yielded profitable digital sales for the first time since 2014. Recipient of SVP Award (Q3 2021) for exceptional performance managing this captainship.
  • Target
    Senior Buyer, Entertainment (Target.Com Movies, Music & Books)
    Target Jan 2014 - Jul 2017
    Minneapolis, Mn, Us
    • Grew Music/Movie/Books sales by +27% and digital penetration by +50% in FY16, bucking industry trends in each business and grabbing market share from Walmart, Best Buy and Barnes & Noble • Generated $1M in cost savings as a result of effective negotiation with product content provider and switching distribution vendors • Broke preorder records in all three businesses with Star Wars, Garth Brooks and Harry Potter in 2016. Preorder wins result of advance planning with Target Media Network, Site Merchandising, and vendor partnerships • Spearheaded an “auto-item create” process for Target.com, working with digital engineers to get new items launched to the site instantly, allowing for increased relevancy with guests and competitive edge. Books business grew +43% in the six months after this enhancement was mobilized
  • Target
    Senior Buyer - Patio Furniture, Target.Com
    Target Jun 2012 - Jan 2014
    Minneapolis, Mn, Us
    • Introduced broad set of new drop-ship vendors, launching premium furniture, acrylic fabrics, rug and accessory lines to Target.com• Led efforts that generated contribution margin improvement of +430bps through better costing, lower supply chain expenses, and more effective clearance programs • Drove >100% YoY sales growth of owned-brand replacement cushion business on Target.com by making shopping experience more intuitive and clean, and by offering new silhouettes that stores did not merchandise• Owned and mobilized multichannel patio furniture customization project, allowing guests to touch, feel and see extended color & fabric varieties for core furniture sets in-store to be purchased on Target.com• Negotiated $300K incremental vendor income from Patio furniture supplier to help offset liquidation of a defective patio dining set
  • Target
    Merchandise Planning Manager - Health & Beauty, Household, Personal Care, And Baby, Target.
    Target Jul 2011 - Jun 2012
    Minneapolis, Mn, Us
    • Managed and led a team of four business analysts, providing role guidance, career development and stretch projects• Led team to succeed in beating both Turn and EOH Plan metrics for FY2011• Drove supply chain fee reform for 2012 and sparked additional dialogue on how we measure our supply chain fees• Mitigated >$1M in at-risk holiday inventory over four weeks beginning December Wk 4, which helped to drive Ending on-Hand $’s well below season-ending inventory $ goal
  • Target
    Buyer - Portable Electronics, Target.Com
    Target Apr 2010 - Jun 2011
    Minneapolis, Mn, Us
    • Drove significant sales growth, generating a +110% comp in net sales for Apple iPod products ($7.7M, +$4.02M vs. prior year & contributed to beating Financial Plan for Portable Electronics category)• Achieved a 400% YoY increase in Contribution Margin for Target Mobile (worth $400K) contract wireless activations.• Streamlined promo planning process and eliminated 3 hours of work per week to plan and execute Target Mobile merchandising promotions.• Pioneered Electronics involvement with Missoni limited-time-offer with iPad and iPhone cases & accessories (only Missoni products within Electronics for all channels), generating considerable buzz (featured in Vogue magazine photo shoot), and generating >$600K in incremental gross sales for the margin-rich accessories business
  • Best Buy
    Senior Demand Planning Analyst - Ipod & Mp3 Hardware
    Best Buy Aug 2009 - Feb 2010
    Richfield, Minnesota, Us
    • Managed monthly budgeting and procurement of all MP3 & iPod devices, accounting for $1 billion dollars in annual revenue• Led a team of three analysts, providing leadership, direction and accountability to business goals and metrics
  • Best Buy
    Demand Planning Analyst - Video Game Software
    Best Buy Feb 2008 - Aug 2009
    Richfield, Minnesota, Us
    • Managed Electronic Arts in Collaborative Managed Inventory (CMI) relationship delivering $300 million in revenue, a 9% YoY increase
  • Best Buy
    Lean Six Sigma Project Coordinator
    Best Buy Feb 2007 - Jan 2008
    Richfield, Minnesota, Us
    • Operationalized Lean Six Sigma ideology into Best Buy branded learning systems and performance metrics • Coordinated 61 Black and Green Belt projects during FY08 that delivered $101 million in bottom-line benefits
  • Rbc Capital Markets
    Senior Associate - Client Reporting
    Rbc Capital Markets Jan 2006 - Jan 2007
    Toronto, Ontario, Ca
    Facilitated the reconciliation of client account discrepancies, allowing for better decision-making, satisfied clients, and tax reporting accuracy

William Holmquist Skills

Retail Project Management Merchandising Demand Planning Inventory Management Process Improvement Cross Functional Team Leadership Forecasting Assortment Inventory Control Marketing Strategy Leadership Sales Marketing Strategic Planning Customer Service Management P&l Management Pricing Strategy Supply Chain Management Data Analysis Supply Chain Optimization Supply Chain Operations Financial Modeling Vendor Management Ecommerce Pricing Strategy Lean Six Sigma Sap Products Microsoft Office Microsoft Excel Sap Domo Team Leadership Negotiation Assortment Optimization Assortment Development Microstrategy Reporting P&l Forecasting P&l Analysis Scenario Planning Gaps Six Sigma Lean Manufacturing

William Holmquist Education Details

  • University Of Minnesota - Carlson School Of Management
    University Of Minnesota - Carlson School Of Management
    Mba
  • Gustavus Adolphus College
    Gustavus Adolphus College
    Communications Studies

Frequently Asked Questions about William Holmquist

What company does William Holmquist work for?

William Holmquist works for Bedrock Retail Group

What is William Holmquist's role at the current company?

William Holmquist's current role is Merch Excellence | CRO | Ecommerce | Retail | Ex-Target | Ex-Best Buy.

What is William Holmquist's email address?

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What is William Holmquist's direct phone number?

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What schools did William Holmquist attend?

William Holmquist attended University Of Minnesota - Carlson School Of Management, Gustavus Adolphus College.

What are some of William Holmquist's interests?

William Holmquist has interest in Civil Rights And Social Action.

What skills is William Holmquist known for?

William Holmquist has skills like Retail, Project Management, Merchandising, Demand Planning, Inventory Management, Process Improvement, Cross Functional Team Leadership, Forecasting, Assortment, Inventory Control, Marketing Strategy, Leadership.

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