Belk
Position Summary:
Position Summary   
Buyers are responsible for the overall merchandising direction of a category or department(s) with the goal of meeting/ exceeding sales, margin and turn targets. Buyers maintain a singular focus on the product and customer by incorporating competitive intelligence, customer insight, and business analysis.

The major responsibilities include:
  • The purchase and negotiation of merchandise as well as the open to buy process. 
  • Partner with Planners to develop strategies to maximize business opportunities. 
Essential Functions/Responsibilities:

Essential Functions

• Develop and execute merchandise strategies and assortment plans, based on customer feedback and preferences, to deliver financial goals and business objectives

• Partners with Planner on development of merchandise financial plans and by-door plans by providing regular and timely input; assist in building clusters and determining assortment layers

• Build and maintain strong partnerships with vendors

• Select merchandise; negotiate best costs and delivery of product

• Manage all aspects of product placement, marketing and pricing/markdowns

• 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

• Partner with Advertising and DMM to develop promotional strategies and identify key items or classifications that drive profitable sales and communicate compelling messages to customers

• Build a high quality merchandising team by developing partnerships, leading, coaching and providing constructive feedback

• Uses open-to-buy process to manage business in-season and maximize opportunities

• Travels to all necessary markets and store trips

 

Management Practices & Business Applications:

• Maintains professionalism in work relationships and habits

• Provides direction, counseling and coaching to staff

• Develops creative solutions to business issues

• Works effectively with staff and Divisional/BSS management to achieve sound financial and merchandising solutions based on analysis, input and experience

• Identifies emerging trends and shops competition and market regularly

• Communicates effectively with store and vendors

 

External Relationships:

• Vendors

Internal Relationships:

• DMM

• VP Planning

• Planner

• Associate Buyer

• Assistant Buyer

• Assistant Planner

• Stores 

Requirements/Qualifications:

Position Requirements


Education & Experience:

• Bachelors degree strongly preferred

• 4-7 years of retail experience; 2-3 in retail buying

• Proficient in business-related computer software (Microsoft Windows, Word, Excel, etc.)

 

Physical:

• Available and able to travel

• Able to see and distinguish colors

• Able to lift up to 25 pounds


For reasonable accommodation information for an ADAAA qualified disability please see Belk Associate Handbook for policy and procedures.

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