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The Pricing Business Analyst is responsible for entry and maintenance of promotions, price changes and markdowns. Will also manage set-up and execution of company Marketing coupons and Testing strategies related to pricing. Pricing responsibilities could be for Lane Bryant, Ann Taylor or Loft Brands. Team is cross trained for all brands.
Job Responsibility:
Responsible for entry and maintenance of promotions, price changes and markdowns
Manage set-up and execution of company Marketing coupons and Testing strategies related to pricing
Meet weekly with Store comm teams to align and sign off on promo communication
Research and respond to store call outs about promotions and/or pricing
Collaborate cross functionally with teams from Planning, Store Comm/Ops, Marketing, Merchandising and Merch Ops as they relate to pricing and communication
Responsible for entry of Promotions, Price Tests and Marketing Coupons for stores
Work with Merchants & Planning who identify price changes needed and enter for both stores and ecommerce channels
Reconcile Lane Bryant markdowns and enter markdowns/markups for Ann Taylor and Loft
Communicate system constraints and capabilities to business teams for planned promotions
Review and interpret promo charts, calendars, and style list details for promo entry
Coordinate semi-annual sale markdown execution and dates with the RMS team, Merchants, Planning and Store Ops
Review weekly price discrepancy reporting for markdown and full price styles
Ensure all approvals for promotions/price changes/markdowns are executed and Sarbanes Oxley compliant
Research and resolve pricing issues and discrepancies called out by stores with urgency for immediate communication to IT, stores, and ecommerce via help desk partnership
Strong cross functional partnerships with Marketing, Store Operations, Planning, Merchandise Operations, and Store Help Desk
Test that promotion setup rings correctly at the register in the test lab for offers where system constraints may challenge execution
Partner with IT teams on enhancements to existing or newly introduced systems or reports
Requirements:
Minimum 5-7 years in a corporate retail environment with some operations experience
Bachelor’s degree in business administration preferred
Proven organizational and accuracy skills
Dedicated, flexible and willing to work occasional nights, weekends, or holidays when business needs require it
Detail oriented
Ability to communicate effectively and work with cross-functional teams in a fast-paced corporate environment
Ability to work independently and effectively without daily direction and to meet time deadlines
Ability to adjust to multiple, sometimes conflicting demands
Basic understanding of information flow from host systems to store systems
General comfort level of systems work on a day-to-day basis
Ability to multitask
Ability to work collaboratively in a hybrid remote schedule and manage multiple priorities
Proficiency in MS Office (Excel, Word, Outlook)
SAP, RMS, RPM or XCC experience a plus
Nice to have:
SAP, RMS, RPM or XCC experience a plus
What we offer:
Merchandise discount at select KnitWell Group brands
Support for your individual development plus opportunities for career mobility within our family of brands
A culture of giving back – local volunteer opportunities, annual donation and volunteer match to eligible nonprofit organizations, and philanthropic activities to support our communities