New York, New York, USA
10 hours ago
Buyer - Off Price (Hybrid) (New York office)

In this fast-paced off-price environment, the Off-Price Buyer is expected to lead with agility and a sharp market instinct. Off-Price Buyers are responsible for the overall merchandising direction of a category or department(s) with the goal of meeting/ exceeding sales, margin and turn targets. Off-Price Buyers maintain a singular focus on the product, value, price, quality and the customer by incorporating competitive intelligence, customer insight, and business analysis. Ownership of the end-to-end process — from assortment planning to in-season reaction — and collaborate cross-functionally to ensure inventory flow aligns with business goals. Off-Price Buyers are responsible for the purchase and negotiation of merchandise as well as the open to buy process.

Essential Functions:

Develop and execute 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 to support reacting to business trends in a timely and efficient mannerCreates all necessary analysis based on trends, events and other store related needsWorks with Planner and Allocator 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 tasksNegotiate vendor allowances, returns, advertising co-op, and other terms as neededIdentify business opportunities and risks in-season through analyzing sales performance and gathering marketplace information; implement strategies to ensure plans are achievedBuild a high quality merchandising team by developing partnerships, leading, coaching and providing constructive feedbackLeverages 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 regularlyLead, develop and manage Merchandise AssistantRequires designated hybrid in-office work schedule 

 
Education:

Bachelor's Degree preferred    

Work Experience:

7-9 years retail experience required    1-3 years retail buying required    

 
Knowledge, Skills & Abilities:

Strong negotiation skillsExceptional at relationship building and maintaining strong relationships internally and in the vendor communityCollaborative approachQuick decision makingDeep understanding of customer behaviorProficient in business-related computer software (Microsoft Windows, Word, Excel)Excellent analytical and reasoning skillsClear retail math skillsMaintains professionalism in work relationships and habitsDemonstrates strong listening, written and oral communication skillsIs multi-task oriented to meet deadlines.Possesses strong merchandising, product and marketing skills
 

Pay Range
$90,000 - $155,000

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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