Senior Merchandise Buyer

6 days ago


Indianapolis, Indiana, United States Lids Full time
About Our Company

Lids is a leading licensed sports retailer in North America, offering a wide range of fan and fashion-oriented headwear and apparel across the US, Canada, Mexico, Europe, and Australia. With over 1,200 domestic locations and 50+ international stores, including specialty concept stores for top brands and sports teams, we provide a unique shopping experience for sports fans and fashion enthusiasts.

Our company is committed to expanding its global presence and becoming the largest licensed brick-and-mortar sports retailer worldwide.

Job Summary

The Senior Buyer will be responsible for the purchase and promotion of all products for their department(s) of responsibility, with a primary objective of achieving profitable sales and meeting all departmental financial goals through proper product assortment.

This role will work closely with the merchandising and sourcing teams to ensure timely and quality delivery of merchandise, and will be responsible for creating seasonal assortments, preparing assortment plans, and conducting market research to stay up-to-date on competitive trends and brand opportunities.

Key Responsibilities
  1. Develop and manage the product development/selection process, including communication and coordination with vendors, price negotiation, sample approvals, and coordination with sourcing to ensure on-time delivery of quality merchandise.
  2. Create seasonal assortments for merchandise categories, prepare and maintain assortment plans, and work with merchandising and sourcing teams to ensure proper planning, allocation, and order placement.
  3. Conduct market research to understand competitive trends and brand opportunities, and prepare and present seasonal product presentations to internal and external audiences.
  4. Compile and communicate product information for use in direct-to-consumer marketing and operational vehicles.
Requirements

The ideal candidate will have a Bachelor's degree in Merchandising or a related field, with 5+ years of related experience. Strong communication, project management, and negotiation skills are essential, as well as a strong ability to make sound decisions and rely on experience and judgment to plan and accomplish goals.

A certain degree of creativity and latitude is required to perform responsibilities, and the candidate must have strong knowledge of standard concepts, practices, and procedures of a merchandise buyer and product development.

Reports To

Director of Buying



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