What are the responsibilities and job description for the Buyer - Off Price (Hybrid) (New York office) position at Belk Merchandising LLC?
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 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 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 Works with Planner and Allocator 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 Negotiate vendor allowances, returns, advertising co-op, and other terms as needed Identify business opportunities and risks in-season through analyzing sales performance and gathering marketplace information; implement strategies to ensure plans are achieved Build a high quality merchandising team by developing partnerships, leading, coaching and providing constructive feedback 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 Lead, develop and manage Merchandise Assistant Requires 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 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) Excellent analytical and reasoning 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 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. #LI-SE1 #IND3 #LI-HYBRID We set trends through our merchandise and, more importantly, through the way we work. At Belk you will find a positive, inclusive, vibrant and fast-paced environment where you have access to all the tools and resources necessary to be effective in your job. Furthermore, we know access to senior leadership is critical to making company-wide initiatives a reality and getting great ideas to the forefront of our business. Time and time again, our associates are grateful for the opportunities they have to meet with Belk´s senior most leaders. Diversity is about embracing our differences and realizing they are what makes us stronger. We believe in an inclusive environment where everyone feels valued, respected, and welcomed to bring their whole selves to work or to shop. We are on a mission to break down inequality and leverage our influence to make a position impact against racism every day. Above all else, here you’ll find opportunities to make huge impact. It´s the result of dynamic initiatives, financial and structural support, and strong investments in the areas that are taking Belk to new heights. Back to Belk Careers Home Back to Belk Corporate Job List Accessibility Guidelines Belkcareers.com is committed to making the online application experience easy and accessible to individuals with disabilities. We’re constantly making improvements to comply with the "Americans with Disabilities Act" and the Web Content Accessibility Guidelines. If you can’t access information on belkcareers.com due to a disability, you may contact one of our friendly Shared Services representatives at 1-800-588-3700 to help you with the application process. We are an Equal Opportunity Employer Belk is an equal-opportunity employer committed to providing a workplace free from harassment or discrimination. All employment decisions are to be made without regard to race, color, age, sex, gender identity, sexual orientation, hair style, hair texture, religion, marital status, pregnancy, national origin/ancestry, citizenship, physical/mental disability, genetic information, military/veteran status, or any other basis prohibited by law.
Salary : $90,000 - $155,000