Associate Buyer - Off Price (Hybrid) (New York Office)
Belk
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 storesProactively 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 classFrequent vendor meetings and market trips aligning with leadership direction to support reacting to business trends in a timely and efficient mannerCreates 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 plansIdentifies opportunities to improve overall plan qualityCommunicates effectively with all merchandising levelsCommunicates 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 companyReacts to feedback based on store and customer needsSelect merchandise; negotiate best costs and delivery of productManage all aspects of product placement, marketing and any pricing related tasksIdentify business opportunities and risks in-season through analyzing sales performance and gathering marketplace information; implement strategies to ensure plans are achievedLeverages open-to-buy process to manage business in-season and maximize opportunitiesTravels to all necessary markets and store tripsAbility to articulate and provide thought process behind solutions and strategic plansIdentifying emerging trends and shopping competition and market regularlyWork closely with the Merchandise Assistant on day-to-day support neededRequires designated hybrid in-office work schedule
Education:
Work Experience:
Knowledge, Skills & Abilities:
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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