Buyer (Off Price)

Return to Merchandising

Growth 2024

FUNCTION: Directly responsible for all facets of financial management, procurement, and assortment within assigned business category and accountable to meet or exceed business sales and margin plans.

 

DUTIES AND RESPONSIBILITIES

  • Owns the strategic vision for the assigned business.
  • Directly accountable for management of financial goals including sales, gross margin, and inventory turn.
  • Develops and achieves seasonal unit plans in collaboration with Divisional Planning Manager.
  • Travels to market frequently to procure merchandise, develop key items, or acquire new vendors.
  • Negotiates with vendors on pricing, content of assortment, terms, vendor services, and ensures adherence to scheduled shipping windows.
  • Proactively assesses merchandise mix to continually enhance assortments with relentless pursuit of emerging trends.
  • Uses information obtained from weekly store visits across varied regions of the chain for future planning and current refinement of execution.
  • Understands the customer and competitive demographics in each market area, and builds assortments accordingly.
  • Vigilantly monitors emerging or descending trends and takes action to capitalize or react.
  • Define flow, marketing, and merchandise presentation for all product lines.
  • Collaborates closely with Planning and Allocation in order to ensure that merchandise distributions are executed correctly.
  • Ensure value price strategy in assigned business remains competitive by frequently shopping competitors.
  • Monitor and address all issues that are surfaced via Accounts Payable.
  • Coaches and develops assigned assistant buyer or merchandise technician.
  • Performs other duties as assigned.

QUALIFICATIONS

  • 4 year degree in Retail Merchandising, or Business Administration.
  • Minimum of 3 years buying experience, off price experience highly preferred.
  • Intermediate knowledge of Excel, Word, and Outlook.
  • Strong retail math skills.
  • Must possess excellent written and verbal communication skills.
  • Frequent market travel

    SUPERVISORY RESPONSIBILITES
  • Responsibilities include interviewing, hiring and training staff, planning, assigning and directing work, evaluating performance and addressing concerns of assigned assistant buyer or merchandise technician.
  • Provides appropriate feedback and coaching to assigned associates in order to address performance areas in need of development and improvement. Recognizes and reinforces accomplishment.