What are the responsibilities and job description for the Associate Buyer position at Five Below?
At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 27,000 associates who work at Five Below and they’ll tell you there’s no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.
It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!
Key Responsibilities
Five Below is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.
Five Below is committed to working with and providing reasonable accommodations for individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please submit a request and let us know the nature of your request and your contact information. crewservices.zendesk.com/hc/en-us/requests/new
BE AWARE OF FRAUD! Please be aware of potentially fraudulent job postings or suspicious recruiter activity by persons that are posing as a Five Below recruiters. Please confirm that the person you are working with has an @fivebelow.com email address. Additionally, Five Below does NOT request financial information or payments from candidates at any point during the hiring process. If you suspect fraudulent activity, please visit Five Below's Career Site to verify the posting. fivebelow.com/info/careers
It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!
Key Responsibilities
- Maintain a specific area of the product assortment, ensuring it aligns with brand goals and customer demand.
- Work with the Buyer to continuously add freshness to the assortment and introduce newness.
- Suggest category extensions and web growth initiatives to drive further category development. Consistently seeking new trends and identifying white space opportunities for our customer.
- Assist in product development by selecting and delivering trend-right merchandise within company price points.
- Manage planning tasks, including analyzing business performance and reacting with timely orders, reorders, and cancellations.
- Constantly seek new opportunities to maximize profitability and operational efficiency.
- Build and maintain strong relationships with vendors, ensuring favorable terms and conditions.
- Monitor market trends and competitor activity to differentiate the product offering.
- Collaborate with cross-functional teams on product development, implementation, delivery, and store placement.
- Support the Buyer in negotiating with vendors for competitive pricing and product terms.
- Foster a collaborative environment by training, motivating, and supporting team members.
- Communicate effectively with team members and leadership, presenting ideas and supporting points of view.
- 2 years of experience as an Assistant Buyer, Associate Buyer experience a plus
- Bachelor's degree required
- Demonstrated knowledge of evolving trends and market analysis
- Familiarity with product development, planning, distribution, and both domestic and overseas manufacturing
- Strong negotiation, written, verbal, and computer skills
- Proficiency in MS Office Suite
- Ability to work effectively with cross-functional teams and vendors
- Ability to embrace the company’s core values
- Must be available to travel when needed.
- Must excel in a fast-paced environment, balancing multiple priorities, while adopting the mentality of “let go & have fun.”
- Must be based in the Philadelphia area or willing to relocate.
Five Below is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.
Five Below is committed to working with and providing reasonable accommodations for individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please submit a request and let us know the nature of your request and your contact information. crewservices.zendesk.com/hc/en-us/requests/new
BE AWARE OF FRAUD! Please be aware of potentially fraudulent job postings or suspicious recruiter activity by persons that are posing as a Five Below recruiters. Please confirm that the person you are working with has an @fivebelow.com email address. Additionally, Five Below does NOT request financial information or payments from candidates at any point during the hiring process. If you suspect fraudulent activity, please visit Five Below's Career Site to verify the posting. fivebelow.com/info/careers