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This position owns the assortment, pricing strategy, planogram, marketing, and managing of the vendor relationship to deliver the financial plan.
Job Responsibility:
Drives the strategic direction of the area with the goal to make Meijer the most compelling place for our customers to shop by focusing on Pricing, Assortment, Brands, Marketing, and Store Presentation
Utilize internal and external market information to anticipate trends and future customer needs to drive brand and item selection
Visits stores (both Meijer and competition) regularly to proactively understand assortments, pricing and store presentation
Works with the Merchandise Financial Planner on the financial plan
Responsible for the overall direction and performance of a merchandising category
Determines category position profile and assigns a role to each category
Drives the category review and makes the recommendations based on analysis
Works with team to develop and approves master and version planograms
Determines pricing strategy for category / product that maintains Meijer's pricing integrity, drives sales, and direct margin dollars
Reviews pricing analytics with Pricing team to determine optimal pricing
The primary owner that ensures Meijer is competitively priced
Determines promotional (advertising or price) based on competition and seasonality
Collaborates with Inventory Manager on inventory needs to support promotional strategy
Evaluates marketing effectiveness (lift over norm in sales and DM$) and leads changes to drive increases over prior year
Approves markdown strategy that ties to plan
Informs and elevates markdowns that do not tie to plan to MM and PM
Negotiates with vendors for markdown support or returns
Responsible for strong, action-oriented analysis of business in season, post season and long-term planning of category
Uses analysis to drive assortment, marketing, pricing and store placement decisions
Utilizes industry information to drive brand and item selection focusing on competing with both mass, big box and specialty retail
Drives the Grow, Maintain, Downtrend category designations to create bottoms up plan to meet total area financial targets
Mentors, trains and develops Business Analysts and Associate Buyers
Requirements:
Associate's or Bachelor's degree
or equivalent retail experience
3-7 years of experience in a Buying role
6+ years of experience in the retail industry
Buying, inventory management and analysis experience required
Knowledge of the market, retail business and customers
Knowledge of business drivers (e.g. pricing, promotion, assortment)
Financial Planning skills
Negotiations skills
Sense of product trends
Enthusiasm, Initiative and passion for retail
Office computer skills
able to learn company systems and tools, preference for Microsoft application experience
What we offer:
Weekly pay
Scheduling flexibility
Paid parental leave
Paid education assistance
Team member discount
Development programs for advancement and career growth
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