Michael Steinhardt Email & Phone Number

Oklahoma City, Oklahoma Area

Topeka, Kansas Area

• Initiated and executed dynamic assortment improvements to $200M+ area throughextensive product development, in depth planning, evaluation of market trends andcompetition.
• Led a team of 4 direct reports, with a commitment to training, development of significantinvolvement, and cultivating ownership within the business.
• Increased direct sourcing of internal product development from 53% to 70% within 18 months, improving costsand profitability, while increasing level of trend right merchandise.
• Embraced and refined new technologically based product assortment and planning toolsto more dynamically build and manage assortment.
• Advanced existing cross-functional relationships with assortment planning, allocation, andproduct development teams to improve area efficiency, productivity, and communication.
• Served as E-Commerce workgroup leader by developing and presenting best practices to implement company-wide.

Topeka, Kansas Area

• Designed new reporting and tracking tools aiding in the building of new assortments, a moreproficient price architecture by category, and stronger re-forecasting of seasonal items to more effectively reorder goods.
• Formulated and partnered with direct sourcing and agents to develop rapid reorder strategies for Spring 15 in several key item programs.
• Developed 6-month flows by classification to plan and validate Spring 15 assortment.
• Partnered with merchandise manager to establish and achieve costing goals in order to betternegotiate items for Spring 15 assortment.
• Reestablished price bands by category to resonate with core customer, while creating improved perceived value.
• Introduced new best practices in area to improve coordination of roles, alignment of strategies, and talent development.

Greater Atlanta Area

• Operated $36+ million men’s slacks, outerwear, active, shorts, and hookups business for over 100 stores nationwide.
• Planned 2007-2014 fiscal years, through detailed analysis of financial, inventory level, and store location histories.
• Maximized profitability through careful allocation and management of individual store stock levels and inventory.
• Achieved best S13 business over men’s and ladies for entire area, and produced 40 additional basis points in GM%.
• Orchestrated an improved product assortment and increased turnover to attain #1 store comp in men’s division for 2012 (men’s pants).
• Negotiated lower costs from vendors and reduced assortment markdowns to achieve gross margin dollar improvement by 12% and 6% respectively for 2007-2008.

Greater Atlanta Area

• Managed buying responsibilities for $12 million children’s / boys 8-20 business from July 2005 through June 2006.
• Developed and executed the acquisition of best-selling merchandise at competitive costs to earn #1 ranking in division sales and profitability for Fall 2005.
• Formulated seasonal and trend driven merchandise plans which produced #1 ranking in company and division sales for 1st quarter 2006.
• Assisted in growing boys updated collections business from two to four vendors, resulting in increased revenues of $250,000 over one year span.

Paramus, NJ & Atlanta, GA

• Founded and developed resale business of housewares, electronics, and computer equipment.
• Accelerated growth from revenues of $2000 in 2000 to $60,000 in 2005.
• Mastered skills in Excel to manage and operate all fiscal business practices.