Jobs · Purchasing · New York

Buyer - Off Price (Hybrid)

Belk · New York, NY · 2 mo ago
HybridPurchasing$90k–$155k/yrFull-time

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.

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