Buyer - Off Price (Hybrid)
About the role
In this fast-paced off-price environment, the Off-Price Buyer leads with agility and a sharp market instinct. Responsible for the overall merchandising direction of a category or department(s), the role aims to meet or exceed sales, margin, and turn targets. The Off-Price Buyer maintains a singular focus on 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—includes collaborating cross-functionally to ensure inventory flow aligns with business goals.
Responsibilities
- 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 outlet stores.
- Proactively identify emerging trends and leverage liquidity to test new ideas, driving sales and margin through strategic buys.
- Analyze business at the lowest level to identify opportunities in sales, inventory, and margin by store, department, and class.
- Conduct frequent vendor meetings and market trips to react to business trends in a timely and efficient manner.
- Create all necessary analysis based on trends, events, and other store-related needs.
- Work with Planner and Allocator during the planning process, including in-season planning and revisions, assortment plans, and store plans.
- Identify opportunities to improve overall plan quality.
- Communicate effectively with all merchandising levels, stores, and internal cross-functional partners.
- Build and maintain strong relationships with vendor partners while establishing a presence with new and existing vendors within the outlets and company.
- React to feedback based on store and customer needs.
- Select merchandise, negotiate best costs, and manage delivery of product.
- Manage all aspects of product placement, marketing, and 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.
- Leverage the open-to-buy process to manage business in-season and maximize opportunities.
- Travel to all necessary markets and stores.
- Articulate and provide thought processes behind solutions and strategic plans.
- Identify emerging trends, shop competition, and monitor the market regularly.
- Lead, develop, and manage a Merchandise Assistant.
Requirements
- 7–9 years of retail experience required.
- 1–3 years of retail buying experience required.
- Bachelor’s Degree preferred.
Skills
- Strong negotiation skills.
- Exceptional relationship-building and ability to maintain strong relationships internally and with vendors.
- 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.
- Strong listening, written, and oral communication skills.
- Multi-task oriented to meet deadlines.
- Strong merchandising, product, and marketing skills.
Pay
Base pay range: $90,000 – $155,000. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location.
Designated hybrid in-office work schedule required.