Job Description

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Position Summary

The Retail Buyer is responsible for selecting, purchasing, and managing a profitable assortment of merchandise aligned with company strategy. This role involves data-driven decision-making, supplier negotiations, forecasting, and collaboration with internal teams to ensure the right product mix is available at the right time and price.

Key Responsibilities

Product Selection & Buying

Analyze market trends, customer demand, and past sales to identify products with strong sales potential. Select merchandise assortments aligned with brand positioning and target customer demographics. Attend trade shows, supplier meetings, and industry events to source products and stay ahead of trends.

Vendor & Supplier Management

Identify, evaluate, and negotiate with vendors to secure optimal terms (pricing, delivery, payment, exclusivity). Maintain strong supplier relationships to improve reliability, resolve issues, and explore new opportunities. Ensure ethical sourcing and compliance with company standards.

Inventory & Financial Management

Manage Open-to-Buy (OTB) budgets and purchasing plans. Monitor inventory levels, sell-through rates, markdowns, and returns to maintain healthy stock turnover. Collaborate with inventory planning and replenishment teams for accurate forecasting.

Cross-functional Collaboration

Partner with Merchandising, Marketing, E-commerce, and Store Operations to ensure product launches and promotions align with strategy. Work closely with Visual Merchandising to ensure proper in-store presentation.

Reporting & Analysis

Analyze sales reports and KPIs (e.g., GMROI, sell-through, weeks of supply) to inform buying decisions. Track and report on performance vs. plan, identifying wins and opportunities.

Key Skills & Qualifications

Bachelor's degree in Business, Retail Management, or related field. 2-5 years of retail buying or merchandising experience. Strong negotiation, financial, and analytical skills. Proficiency in Excel and retail planning tools (e.g., ERP, PLM, demand forecasting systems). Excellent communication and relationship-building abilities. * Passion for product and understanding of customer behavior.