Associate Buyer

6 days ago

New York, New York, United States Belk Full time $65,000 - $90,000
Off-Price Associate Buyers are responsible for supporting and executing the overall merchandising direction of a category or department(s) with the goal of meeting/ exceeding sales, margin and turn targets. Off-Price Associate Buyers lead with agility and a sharp market instinct, while maintaining a singular focus on the product, value, price, quality and the customer by incorporating competitive intelligence, customer insight, and business analysis. Off-Price Associate Buyers, with guidance/oversight from their leader, are responsible for the purchase and negotiation of merchandise as well as the open to buy process. Off-Price Associate Buyers partner with the Planning partner to develop strategies to maximize business opportunities.

Essential Functions:

  • Develops and executes merchandise strategies and assortment plans, based on customer feedback and preferences, to deliver financial goals and business objectives while providing value, quality and on-brand merchandise for the outlet stores
  • Proactively identify emerging trends and leverage liquidity to test new ideas, driving sales and margin through strategic buys.
  • Analyzes business to the lowest level to identify opportunities in sales, inventory, and margin by store, department, and class
  • Frequent vendor meetings and market trips aligning with leadership direction to support reacting to business trends in a timely and efficient manner
  • Creates all necessary analysis based on trends, events and other store related needs, while also leveraging partners 
  • Works with Planning and Allocation during the planning process: in-season planning & revisions, assortment plans, store plans
  • Identifies opportunities to improve overall plan quality
  • Communicates effectively with all merchandising levels
  • Communicates effectively with stores and internal cross-functional partners 
  • Builds and maintains strong relationships with vendor partners, while building a presence with new and existing vendors within the outlets and company
  • Reacts to feedback based on store and customer needs
  • Select merchandise; negotiate best costs and delivery of product
  • Manage all aspects of product placement, marketing and any pricing related tasks
  • Identify business opportunities and risks in-season through analyzing sales performance and gathering marketplace information; implement strategies to ensure plans are achieved
  • Leverages open-to-buy process to manage business in-season and maximize opportunities
  • Travels to all necessary markets and store trips
  • Ability to articulate and provide thought process behind solutions and strategic plans
  • Identifying emerging trends and shopping competition and market regularly
  • Work closely with the Merchandise Assistant on day-to-day support needed
  • Requires designated hybrid in-office work schedule

Education:

  • Bachelor's Degree preferred    

Work Experience:

  • 2-5 years of retail experience    
  • 1-3 years retail buying – Off-Price 

Knowledge, Skills & Abilities:

  • Negotiation skills
  • Exceptional at relationship building and maintaining strong relationships internally and in the vendor community
  • Collaborative approach
  • Quick decision making
  • Deep understanding of customer behavior
  • Proficient in business-related computer software (Microsoft Windows, Word, Excel)
  • Strong analytical skills
  • Clear retail math skills
  • Maintains professionalism in work relationships and habits
  • Demonstrates strong listening, written and oral communication skills
  • Is multi-task oriented to meet deadlines
  • Possesses strong merchandising, product and marketing skills
  • Demonstrates leadership and decision-making skills

Pay Range
$65,000 - $90,000

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

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