Michael Maiolo

Michael Maiolo

Product Manager

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  • Timeline

  • About me

    Agent with New York Life

  • Education

    • Nassau Community College

      -
      Associate's Degree Fashion Merchandising
    • Fashion Institute of Technology

      -
      Consumer Merchandising/Retailing Management
  • Experience

    • May Department Stores International Inc

      Jan 2000 - Jan 2003
      Product Manager

      MAY DEPARTMENT STORES INTERNATIONAL, NEW YORK, NY 2000 - 2003PRODUCT MANAGERReported to Senior Director Tailored Sportswear. Responsible for all product costing, daily communication and oversees offices, as well as the implementation of Women’s and Petite size assortments.● Produced a total sales volume for an area of $100 million in sales.● Gained experience as an international traveler to Far East, sub-continent Asia, and Eastern Europe, with fabric and manufacturing resources in all regions for both woven and knitted garments.● Developed seasonal line department and class plans in addition to providing assorted product to 369 stores country wide throughout five divisions.● Presented and sold merchandise assortments to upper management and divisional buyers.● Trained assistant product managers on product development processes and systems to ensure optimum productivity. Show less

    • Foot Locker

      Jan 2003 - Jan 2013
      Buyer - Private Label Apparel

      BUYER | PRIVATE LABEL APPAREL (2003 – 2013)Reported to the VP / GMM Apparel and Accessories. Led the entire merchandising team in sizing and assorting products across all company sectors, while focusing strategically on the sizing needs of a diverse national store base.● Buyer of the year 2004 and 2005● Profitably doubled Women’s business from $15 to $30 million in 3+ years.● Strategically drove all phases of planning, designing, sourcing and assorting product for two separate private label retail lines, totaling $100 million in retail sales annually.● Purchased retail product for 1,900 stores nationally across 4 retail banners, including the Caribbean, Hawaii, and Guam. ● Managed one Associate Buyer, while leading a team of eight merchandising associates throughout two divisions.● Developed and sourced retail product in partnership with Footlocker sourcing.● Transformed $30 Million dollar T shirt business into a duty free, direct to store business from Central America adding 5 million in profits by reducing duty, processing and warehousing costs, while increasing speed to market. Show less

    • Footaction

      Jan 2013 - Jan 2023

      FOOT LOCKER, NEW YORK, NY 2003 - 2023DIRECTOR, MERCHANDISING OPTIMIZATION AND ALLOCATION | FOOTACTION DIVISION (2019 – 2023)Reported to SVP/General Manager Footaction with $550 million P&L responsibility. Developed and managed 15 associates in Merchandising Optimization and Allocation, while having the highest promotion rate in the corporation. Provided results-oriented leadership to the top vendor retail partners.● Achieved 75% 2 year sales and profit CAGR in strategic corporate focus markets of Charlotte, Dallas, Houston, Memphis, and Miami.● Lead merchant on all 50 vendor retail partnerships(Nike-Jumpman/Flight 23/Kick’s Lounge, and aDIDAS Collectives) representing $300 million at retail. Detailed space between division and vendor partners at location / department level, as well as ensuring optimized assortments.● Developed and facilitated monthly new product review meetings with the Ecommerce team helping to more than double the ecom business to $100 million over 2 years.● Received highest rating of “E” or Exceeds expectations for 2020 and 2021 corporate review cycles.● Consistently lead corporate directors in Engagement results. Show less DIRECTOR, MERCHANDISING OPTIMIZATION | FOOTACTION DIVISION (2013 – 2019)Reported to SVP/General Manager Footaction with $550 million P&L responsibility. Manage total store assortments for 270store chain delivering $550 million in annual sales by ensuring optimum product mix by location.● Lead merchant partnering with marketing teams in development of new store prototypes, developing data drivenanalyses designed to determine which initiatives are meeting corporate benchmarks.● Manage and develop one optimization manager and two assortment specialists. Show less

      • Director Merchandising Optimization and Allocation @ Footaction

        Jan 2019 - Jan 2023
      • Director Merchandising Optimization @ Footaction

        Jan 2013 - Jan 2019
    • New York Life Insurance Company

      Nov 2023 - now
      Licensed Insurance Agent at the New York Life Insurance Company

      Caring, Dedicated, Devoted,Driven, Passionate

  • Licenses & Certifications