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Retail Pricing Specialist

2 months ago

Byron Center, Michigan, United States SpartanNash Full time

At SpartanNash, we are dedicated to providing the essential components for a better life through innovative solutions tailored to our customers. Our commitment extends to our supply chain partners, military commissaries, retail patrons, and, most importantly, our Associates. We envision a future where each stakeholder expresses, "I can't imagine my life without them."

Our SpartanNash team comprises 17,000 diverse professionals, from bakery supervisors to logistics coordinators; from IT specialists to finance executives; from HR partners to export analysts. Each member plays a vital role in fostering SpartanNash's People First ethos, Operational Excellence, and Insight-Driven Solutions.

Position Overview:

The Retail Pricing Specialist is tasked with formulating, executing, and assessing retail pricing methodologies for our corporate retail outlets and the recommended retail price frameworks for our independent retail partners. This role encompasses all facets of strategy formulation, implementation, pricing structure, standards, and guidelines. A crucial aspect of this position involves nurturing collaborative relationships with Category Managers and Business Planners to ensure pricing strategies align with business goals.

Key Responsibilities:

  • Collaborate across departments with Pricing leaders and the Merchandising team to spearhead the creation of pricing strategies for designated categories.
  • Conduct regular pricing evaluations to sustain a competitive pricing stance and enhance performance; the scope of reviews will vary based on item and category significance and performance metrics.
  • Develop analytical models to pinpoint opportunities for enhancing the performance of assigned categories, create and simulate scenarios, execute in-market trials, evaluate outcomes, secure consensus for strategic adjustments, and refine tools to support agreed modifications.
  • Monitor shifts in consumer behavior, performance metrics of assigned categories and overall store, and competitive dynamics to adjust pricing strategies accordingly.
  • Establish and uphold pricing frameworks for assigned categories.
  • Engage with Independent Retail partners to offer insights and guidance on pricing best practices.
  • Identify and implement process improvements.
  • Support pricing initiatives that span multiple functions. Lead and identify pricing projects within the team.
  • Additional duties may be assigned as necessary.
Qualifications:
  • Bachelor's Degree (Required) in Business Administration, Analytics, Finance, Marketing, or a related field OR an equivalent combination of education and/or experience.
  • Experience in the retail sector and/or supermarket industry is preferred.
  • Proficient in Excel and other Microsoft Office applications.
  • Strong technical and analytical capabilities.
  • Innovative and self-driven.
  • Able to work independently on routine tasks and engage in special projects and initiatives.
  • Understanding of retail pricing strategies and principles.
  • Excellent communication skills, both written and verbal.
  • Ability to gather data, analyze trends, and make informed decisions.
Physical Requirements:

The physical demands outlined here are representative of those that must be met by an associate to successfully perform the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

May be required to lift and/or move up to 20 pounds. The associate is frequently required to sit, stand, and walk. While performing the duties of this position, the associate is subject to a typical office environment and is rarely exposed to outside weather conditions. Temperatures may vary in specific areas such as computer/server rooms, print shops, and production areas. The noise level in the work environment is usually low to moderate but may be high in distribution settings. Travel requirements may vary based on assignments.

As part of our People First culture, SpartanNash is proud to offer a comprehensive and competitive Total Rewards benefits package.

SpartanNash is an Equal Opportunity Employer, including disability and veteran status, that celebrates diversity and believes that employing a diverse workforce is key to our success. We are committed to providing equal employment opportunities to all individuals.