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Retail and Product Development Manager

Job in City of Westminster, Central London, Greater London, England, UK
Listing for: The Wallace Collection
Full Time, Contract position
Listed on 2026-10-04
Job specializations:
  • Retail
    Retail & Store Manager, Operations Management
Salary/Wage Range or Industry Benchmark: 38000 - 42000 GBP Yearly GBP 38000.00 42000.00 YEAR
Job Description & How to Apply Below
Position: Retail and Product Development Manager (Fixed Term Contract)
Location: City of Westminster

Details:

Location:

W1U 3BN

Category:
Front of house/visitor services

Salary:
The salary for this role is between £38,000 to £42,000 per annum dependent on skills and experience.

Contract type:
Contract Contract

Hours:

Full time

Telephone:

Retail and Product Development Manager (Fixed Term Contract) Product Development & Buying
  • Develop new product lines from design concept to delivery for the core collection and temporary exhibitions throughout the year.
  • Deliver new product ranges to agreed timelines to meet seasonal changes and reflect the public programme, refreshing product lines in response to regular product performance reviews.
  • Carefully source and buy in further off the shelf stock to fit with bespoke merchandise.
  • Work collaboratively with further internal teams to secure stakeholder buy in and identify gaps in ranges, attending meetings to represent the retail team as required.
  • Liaise with existing and new suppliers to source new products and maximise margins.
Finance & Strategy
  • Ensure effective processing of invoices and credit notes as stock is received.
  • Prepare weekly and monthly financial reports promptly for the Finance Department to assist with accurate reconciliation, investigating and reporting on any discrepancies as they arise.
  • Regularly analyse sales figures for shop and ecommerce channels, reporting performance against departmental KPIs to the Head of Commercial & Front of House and devising further strategy to drive improvements.
  • Deliver quarterly performance report for trustee papers.
  • With the support of the Head of Commercial & Front of House, develop and maintain the annual budget taking into account the forthcoming programme and take responsibility for setting and achieving annual KPI targets.
Stock and Operations Management
  • Maintain stock levels, ordering stock and sundries and setting prices to maximise profitability.
  • Accurately add stock to the inventory system and manage the system regularly to ensure consistency in records, the online shop front and stock levels.
  • Oversee routine stock takes to ensure inventory data is accurate and implement additional controls as necessary.
  • Plan and deliver annual stock take, overseeing the team in a series of counts, checks and reconciliation on the inventory system, reporting notable discrepancies the to the Head of Commercial.
  • Create and implement appealing visual merchandising plans seasonally to drive sales and promote accessibility and attainability to diverse audiences.
  • Review the shop layout and merchandising plans against sales data, implementing promotions and re-pricing and redisplaying product as needed.
  • Ensure that established standards of cleanliness and merchandising are upheld on the shop floor.
  • Maintain all aspects of Collection policy and procedure with the team and on the shop floor and participate in H&S drills alongside the retail assistants.
Team Management
  • Lead on all recruitment, training and ongoing performance management and development for shop floor retail assistants through regular 1-2-1s and annual appraisals.
  • Work collaboratively to inspire the team to drive retail sales to achieve KPIs through proactive engagement with visitors, robust product knowledge and upselling.
  • Oversee the team in handling all customer enquiries in a timely and courteous manner in person and over telephone or email, leading by example.
  • Schedule the team rota to reflect business needs.

National Museum Directors' Council, National Museums Liverpool, World Museum, William Brown Street, Liverpool, L3 8EN

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