Co-Owner/Store Manager
Suits4Men
Greater St. Louis Area
Family-owned men’s clothing store with two locations in St. Louis. • Convinced other business owners to change business model and pricing structure on the entire inventory to increase revenue, leading to a 100% growth in the bottom-line within 4 months.• Increased retail space through relocation, allowing for more merchandise selection and visibility. This nearly doubled revenue as compared to the first year, totaling approximately $25k per month.• Opened second store location, earning an additional $35k per month in revenue consistently.• Heavily involved in the business’ marketing by negotiating advertising in wedding magazines, radio ads, and store signage.• Established and consistently met company’s Key Performance Indicators (KPIs) to maintain 99% on-time delivery.• Conducted all inventory management, shipping, receiving, returns, and much of the business’ procurement of new product.• Streamlined inventory control process to make it more efficient and manageable for staff.• Created inventory forecasts for the company based on historical data and established minimum and maximum inventory levels.• Performed scheduled inventory counts and supply audits.• Protected store assets with effective loss prevention strategies.• Examined incoming shipments to verify quantity and quality of items and returning unacceptable shipments to suppliers for refunds or replacements.• Utilized Excel spreadsheets to monitor tasks as well as to keep track of upcoming expenses, in addition to inputting into QuickBooks, allowing business to avoid over-ordering on merchandise and maintain a budgetary cushion for unexpected expenses.• Researched and negotiated insurance and other benefits packages for workforce, as well as other business contracts.• Oversaw employee payroll, scheduling, and sales tracking for all store locations.
