Retail Merchandise Strategist

2 weeks ago

New York, New York, United States Ross Stores, Inc. Full time

Join a team that prioritizes its people and values your contributions

As the largest off-price retailer in the nation, we operate over 2,000 stores and have a proven history of success and expansion. Our mission is to provide customers with a continuous selection of high-quality brands and trendy merchandise at remarkable savings, all while creating an enjoyable and exciting shopping experience.
By becoming part of our team, you will benefit from:

  • Achievement. Our dedicated team strives for excellence while continuously learning and adapting.
  • Career advancement. We cultivate industry-leading talent because our growth is tied to the development of our people.
  • Collaboration. We work collectively to tackle challenges and find effective solutions.
  • Commitment to Diversity, Equity & Inclusion, and community engagement. We celebrate the diverse backgrounds, identities, and ideas of our employees and customers, recognizing that our differences strengthen us. We aim to be a positive influence in our community.

Our corporate headquarters are located in Dublin, CA, with additional buying offices in major markets and distribution centers nationwide. As a Fortune 500 company with significant annual revenues, we are dedicated to fostering an inclusive work environment that offers continuous learning and development opportunities for our teams.

Role Overview: Merchandise Strategist

About this position ...
The Merchandise Strategist plays a crucial role in executing strategic initiatives within a rapidly growing division, ensuring the precision and consistency of all plans, revisions, and projects. This position involves thorough analysis of dynamic, multi-faceted plans, including sales trends, gross margin, inventory, and open-to-buy (OTB) levels. The strategist collaborates with Buying and Location Planning teams, as well as Planning Management, to identify business opportunities and risks related to sales and margin, providing informed recommendations.

Key Responsibilities:

* Develop seasonal business strategies in partnership with the Buying team, utilizing historical data to forecast trends.

* Create pre-season chain plans at the class level and manage in-season forecasting of chain plans.

* Monitor monthly performance against sales, inventory, and margin objectives.

* Oversee weekly OTB, identifying opportunities as necessary.

* Recognize early warning signs and recommend actions to enhance profitable sales and margin. Conduct independent analyses to pinpoint opportunities.

* Foster strong collaboration and trust among cross-functional partners to achieve desired outcomes.

* Present risks and opportunities to Planning Management and Senior Merchants.

Qualifications for Success:

* Excellent communication skills: You actively listen, ask clarifying questions, confidently express your views, and build strong relationships.

* Adaptability: You are flexible, open to feedback, and can pivot as needed.

* Results-oriented: You are driven and focused on achieving goals, prioritizing your work effectively.

* Analytical mindset: You possess strong analytical skills, critical thinking abilities, and a comprehensive understanding of the bigger picture.

* Resilience: You are persistent and persuasive, maintaining focus on your objectives while seeking creative solutions to challenges.

* Proficiency in Excel and familiarity with planning systems, particularly Arthur Planning, is highly desirable.

* Strong analytical, conceptual, and retail math skills are essential for driving business success.

* A Bachelor's Degree is required, along with a minimum of three years of experience in retail merchandise planning and at least two years in sales and inventory planning, sales forecasting, and OTB management.

Benefits of Joining Our Team:

We recognize that our associates are the core of our operations, and we are proud to offer a comprehensive range of benefits that reflect our appreciation for their contributions. Here’s a glimpse of what you can expect as a valued member of our team:

* A variety of affordable health insurance options and personal medical plan concierge services.

* 401(k) plan with employer matching and life insurance coverage.

* Generous paid time off, including vacation, holidays, diversity days, summer Fridays, and options to purchase additional vacation.

* Employee stock purchase program.

* Access to health and wellness resources, including mental health support.

* Charitable contributions matched by our foundation.

* And more...

*Benefits may vary based on position and level and are subject to change.

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