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Pricing Analyst

2 months ago

Grand Rapids, Michigan, United States Meijer Full time
About the Role

We are seeking an experienced Pricing Analyst to join our team at Meijer. As a Pricing Analyst, you will play a critical role in developing and implementing pricing strategies that drive sales, margin, and customer loyalty.

Key Responsibilities
  • Develop and execute pricing strategies for assigned categories, ensuring alignment with product and promotional strategies, as well as Federal, State, and Local regulations.
  • Evaluate the effectiveness of current pricing and promotional strategies, considering competitor pricing, market/customer trends, and company performance.
  • Partner with merchandising leaders to refine category pricing strategies, modeling proposed changes to forecast impact on sales, margin, and customer metrics.
  • Ensure timely and actionable scorecards are published to drive business growth and pricing effectiveness.
  • Communicate pricing and promotional trends and supporting analytics to pricing, merchandising, and marketing leadership.
  • Develop and implement pricing system enhancements and processes that govern lifecycle pricing management.
  • Apply category analytical tools, encompassing pricing data, consumer trends, customer segmentation, loyalty, and competitor insights.
  • Use fact-based analytics and reporting to strengthen pricing recommendations that drive bottom-line results.
  • Educate and influence business partners to improve understanding and reliance on advanced analytics in making pricing decisions.
Requirements
  • Bachelor's Degree in Statistics, Economics, Mathematics, Finance, or relevant field of study.
  • 2+ years of experience in retail, analysis, and/or pricing.
  • Proficient in a wide range of analytical, quantitative, and statistical techniques and tools.
  • Exceptional ability to extract strategic insights from large data sets.
  • Advanced Excel skills required.
  • Analytical and reporting skills preferred (e.g., SQL, PowerBI).
  • Excellent communication skills, including listening, verbal, and written.
  • Strong organizational, planning, and time management skills.
  • Strong work ethic complemented with a positive, can-do attitude.
  • Office computer skills required; preference for Microsoft application experience.
  • Ability to learn company systems and tools.