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Macy's · 1 day ago

Associate Buyer, Trend Cosmetics

NYC Metro Area

Full-time

Onsite

Mid, Senior Level

$78K/yr - $130K/yr

3+ years exp

Macy's is a storied retail company that has captured the hearts of America for over 160 years. The Associate Buyer will enhance Macy's competitive position by making purchasing decisions to drive sales and profitability while collaborating with vendors and analyzing market trends.

Consumer GoodsFashionRetail

Responsibilities

Make all purchasing decisions independently of Buying Director that satisfies the customer demand to achieves sales, turn and margin plan

Understand competitive marketplace and pursues white space opportunities that align with company strategy

Competitive shop and determine the action necessary to address competitive challenges. Identify any product opportunities and provide suggestions and input in product development to vendors

Support Buying Director to drive in-season business effectively by influencing promotional strategies based on current business needs

Attend Market appointments prepared with strategic assortment plans and an understanding of product to support customer preferences

Set the vision and determine call to action for assortment-building opportunities in partnership with Planning, Pricing and Cross Functional partners

Collaborate with planning partner to develop and execute assortment strategy

Develop pre-season assortment vision that ties to company key priorities and insights from Digital and Planning Director counterparts

Partner with Financial Planning to ensure department-level financial targets support assortment strategy

Decide on in-season changes for the department and vendors based on sales, margin, and turn forecast from Financial Planning

Support the Financial Planning and Buying Director in building seasonal strategy components based on targets

Provide Buying Director with category, class, and item performance analysis to assist in determining in-season item-level changes to make

Maintain an industry presence that allows for connections, new business opportunities, and ideas at Macy’s. Represent and support the Macy’s brand while maintaining this presence

Communicate with vendors to ensure timely collection of MDAs/markdowns/RTVs and partner with Financial Planning to ensure alignment with in-season VMT input

Rely on data analytics (PE and dynamic pricing) to develop POS and Perm pricing strategy and ensure execution is as intended, hitting financial metrics and driving sales and profitability

Review discount rate and sales performance in promo planner, making adjustments as needed to hit financial sales and margin goals

Execute both POS pricing in promo planner, using dynamic recommends, and work with the associate buyer on permanent markdown execution in UPM

Foster an environment of acceptance and respect that strengthens relationships, and ensures authentic connections with colleagues, customers, and communities

Qualification

Financial Business AcumenRetail StrategyTacticsStrategic PlanningChange ManagementVisionary ThinkingCoordinationCollaborationCommunication SkillsGrowth Mindset

Required

Candidates with a bachelor's degree or equivalent work experience in a related field are encouraged to apply

3+ years of direct experience

Ability to work with mathematical concepts such as probability and statistical inference; apply concepts such as fractions, percentages, ratios, and proportions to practical situations

Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel

Occasionally required to move about the workplace and reach with hands and arms

Requires close vision

Able to work a flexible schedule based on department and company needs

Financial Business Acumen: Ability to understand and analyze financial aspects to make informed strategic decisions

Retail Strategy and Tactics: In-depth knowledge of market trends, customer behaviors, and competitive landscapes

Change Management: Comfort and effectiveness in leading teams through change ensuring successful adaptation

Visionary Thinking: Ability to be a forward thinking and innovative leader with a vision to drive transformative strategies propelling family of business to new heights

Communication Skills: Effective communication with candor, valuing open debate to bring the best ideas to life

Growth Mindset: A growth-oriented mindset, coupled with the ability to coach teams in embracing growth opportunities

Strategic Planning: Experience in driving strategies and plans supporting a compelling core and curated assortment

Collaboration and Coordination: Skill in partnering closely with General Business Managers (GBMs) and Digital Directors for coordination and alignment across digital strategy and families of business