At a Glance
- Tasks: Lead merchandising strategy for cannabis retail, ensuring optimal product placement and pricing.
- Company: Join FIKA, a pioneering lifestyle brand in the cannabis retail space.
- Benefits: Enjoy competitive salary, wellness programs, and internal advancement opportunities.
- Other info: Hybrid work model with in-office collaboration to boost your growth.
- Why this job: Be part of a best-in-class team shaping the future of cannabis retail in Canada.
- Qualifications: 5+ years in retail category management and proficiency in Microsoft Office.
The predicted salary is between 75000 - 85000 $ per year.
This range is provided by FIKA Company. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range CA$75,000.00/yr - CA$85,000.00/yr.
About Us: Founded in 2020, FIKA’s origin is a lifestyle brand redefining cannabis retail including flagship locations in Toronto’s Union Station and Distillery District. The FIKA Company is the home of 10+ Canadian retail banners, with over 200+ stores across Ontario, Manitoba, Saskatchewan, Alberta, B.C., and Yukon. At FIKA we provide exceptional service in a variety of welcoming, intuitive, and diversified store environments, this has allowed The FIKA Company retail family to evolve into the destination for every type of cannabis consumer.
Summary: The Category Manager carries out the organization’s Merchandising strategy for retail cannabis shops. This role is responsible for ensuring the best product, price & placement in the retail cannabis space, including promotional planning, forecasting, assortment planning, competitive analysis and delivering to KPI targets. The Category Manager will work in a hybrid role based out of our Toronto Office, in-office on Tuesdays and Thursdays. This position will be a part of a best-in-class Merchandising team known for pioneering the retail cannabis space in Canada and contribute to other merchandising-related tasks as needed, blending hands‑on mentorship and in‑person collaboration to accelerate your growth and success.
Core Competencies:
- Proven success working collaboratively, both internally and externally
- Strong analytical, process & organizational skills
- Demonstrated ability to think strategically and tactically
- Demonstrated ability to innovate & operate with varying levels of uncertainty
- Passionate & enthusiastic about retail
- Knowledge of cannabis & accessory products is an asset
Job Duties:
- Assortment planning for cannabis including purchasing & pricing decisions
- Set assortment and pricing strategy by province, banner and category including sales by category
- Determine appropriate sku count by category / sub‑category and store type (MSC)
- Identify and leverage market and consumer trends
- Ensure relevant and compelling assortments to service our customers
- Suggest and influence inventory targets by category, province and shop
- Competitive analysis
- Incorporate shop feedback and communicate with Operations
- Forecasting and forecast accuracy
- Shop Transfers
- Markdowns / Aged Inventory
- Market Share
- Promotional Planning, including Spark loyalty and other measures to drive traffic, customer engagement and loyalty
- Deliver to net margin targets by category and province
- Negotiate and deliver compelling and relevant national / provincial promotions during key times to drive sales and GP
- Negotiate regular promotions through vendor partnerships as well as margin‑accretive allowances that adhere to the company’s strategic priorities
- Communicate regularly to relevant cross‑functional departments
Why you’ll love working here:
- Opportunity to work with a best‑in‑class team
- Internal advancement opportunities
- Competitive bonus elements with short‑term incentives
- Wellness program including access to mental health resources
- Access to internal learning & development programs
- Team member discount and access to other perks like Perkopolis, Goodlife and many more!
Requirements:
- 5+ years of proven experience in retail category management as a Category manager or Buyer
- Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint).
- Provincial Cannabis Certification
The FIKA Company respects the diversity of the people it hires and serves. Inclusion to us means fostering a workplace in which individual differences are recognized, appreciated, respected, and responded to in ways that fully develop and utilize each person’s talents and strengths.
Category Manager in Toronto employer: FIKA Company
FIKA is an exceptional employer that fosters a vibrant and inclusive work culture in the heart of Toronto. As the Visual Merchandising Director, you will not only lead innovative strategies that shape the cannabis retail landscape but also benefit from ample opportunities for professional growth and collaboration with passionate teams. With a commitment to employee development and a focus on creating engaging customer experiences, FIKA stands out as a rewarding place to build your career.
