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Buyer, Cosmetics

Macy's

Macy's

Accounting & Finance
New York, NY, USA
Posted on Tuesday, June 11, 2024
Bring Your Amazing Self to Work

At Macy's, Inc. we're on a mission to create a brighter future with bold representation for all. This is our Mission Every One. We know that each person here is unique. So we respect and invest in each individual to create growth, pride, and satisfaction. If we are able to bring our whole selves to work, it translates into a more abundant and wider array of ideas and energy for all to benefit from. Our success will be built on amazing colleagues, working together.

Job Overview

The Buyer drives omnichannel sales, margin, turn, and growth in their area of responsibility and supports total company objectives. They manage pre-season and in-season assortment building, including assortment selection and assortment driver strategies. The Buyer develops and executes a strategic vision with a progressive, customer-centric approach, delivering on sales and profit objectives. Building trust with their teams and key collaborators is fundamental. Demonstrating curiosity in a broader and more complex business environment, transcending the traditional competitive landscape, is crucial to re-engaging customers. Other duties are performed as assigned.

The Buyer is known as a trusted, collaborative, and results-oriented leader, business partner, and change agent who leads through influence, possessing professional maturity and industry credibility. The ideal candidate is comfortable and effective leading through significant complexity, quickly evaluating and sun-setting legacy approaches that no longer align with the strategy. They are known for both vision and an equally strong orientation for speed.

What You Will Do

  • Lead and manage the development of the assortment, including assortment selection and strategies, to support the high-level assortment vision and maximize sales, margin, and turnover.
  • Develop and maintain strong relationships with vendors.
  • Develop a pre-season assortment vision aligned with company priorities and insights from Digital, Private Brands, and Planning Director counterparts.
  • Evaluate upcoming season trends in partnership with Trend Research and Forecasting and key vendors, recommending key trends and opportunities.
  • Partner with Financial Planning and Merchandise Planning to ensure department-level financial targets support assortment strategy.
  • Collaborate with Private Brands and Merchandise Planning to develop assortment vision guiding product development strategy, color/sizing opportunities, testing new products/categories, and alignment on marketing/digital strategy.
  • Make in-season changes for the department and vendors based on sales, margin, and turnover forecasts from Financial Planning.
  • Present ROF strategy and problem resolution plan in partnership with Financial Planning.
  • Review category, class, and item performance analysis by Associate and Assistant Buyers, determining in-season item-level changes and reorder opportunities.
  • Maintain industry presence to foster connections, identify new business opportunities, and generate ideas for Macy's. Represent and support the Macy's brand while engaging in industry activities.
  • Conduct regular meetings with vendors to discuss current business and plan for the future.
  • Cultivate trust and collaborative relationships with the supplier community, in collaboration with Trend Research and Forecasting.
  • Establish pre-season pricing strategy with input from the Digital Director and partner with the Pricing team on in-season adjustments.
  • Collaborate with the Merchandise Marketing team and Digital Director to set content and promotional strategies, including FOB events.
  • Coordinate vendor marketing and co-op requests, collaborating with the Merchandise Marketing team and receiving input from the Digital Director.
  • Develop and lead pre-season and in-season merchandising vision and strategy to create a seamless shopping experience for customers both in stores and online.
  • Maximize sales, margin, and turnover by establishing and communicating a store merchandising strategy that optimizes presentation and salability.

Skills You Will Need

Communication Skills: Proficient in open and continuous communication, adept at keeping others informed, and capable of presenting information clearly and concisely.

Leadership Abilities: Excellent leadership skills, with a dynamic, transformational approach and a passion for driving results. Ability to lead teams effectively in a changing and ambiguous business environment. A dynamic and transformational leader passionate about their work, inspiring others and advocating for talent within the organization.

Interpersonal Skills: Strong interpersonal skills, facilitating collaboration across functional lines and at various organizational levels.

Creative and Strategic Thinking: Ability to think creatively, strategically, and technically, enabling innovative solutions to business challenges.

Technical Proficiency: Proficiency in MS Office computer programs is essential for the role.

Team Development: Track record of developing diverse and forward-thinking teams, fostering talent with a company-wide mindset and prioritizing colleague and business needs. Skilled at building engaged and highly functional teams and partnerships, cultivating a culture that encourages fresh thinking and connectedness at all organizational levels.

Empowerment and Independence: Ability to maintain focus on vision and outcomes, empowering team members to make decisions independently without traditional hierarchical approval.

Collaborative Approach: Collaborative and supportive style with a strong ability to establish trust and build relationships across all levels and functions of the organization.

Resilience and Energy: Resilient, tenacious, and high-energy, capable of bouncing back rapidly from adversity and driving forward momentum in challenging situations.

Who You Are

  • Dedicated to fulfilling ideals of diversity, inclusion, and respect that Macy’s aspires to achieve every day in every way.
  • Candidates with a bachelor’s degree or equivalent work experience in a related field are encouraged to apply. 5+ years of related experience.
  • Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel. Occasionally required to move about the workplace and reach with hands and arms. Requires close vision.
  • Able to work a flexible schedule based on department and company needs.

What We Can Offer You

  • An inclusive, challenging, and refreshingly fun work environment
  • Competitive pay and benefits rooted in principles of equity
  • Performance incentives and annual merit review
  • Merchandise discounts
  • Health and Wellness Benefits across medical, dental, vision, and additional insurance
  • Retirement Savings Plan with 401k match opportunity
  • Employee Assistance Program (mental health counseling and legal/financial advice)
  • Resources for continuous learning, career growth, and leadership development
  • 8 paid holidays
  • Paid Time Off (first year prorated depending on start date)
  • Tuition reimbursement program
  • Guild education benefit funds 100% of tuition, books, and fees in designated programs
  • Colleague Resource Groups (CRGs) and give-back/volunteer opportunities
  • Empowerment and autonomy to perform impactful work with tangible results

About Macy’s

Now is an exciting time for a Macy's career as we continue to focus on creating exciting and memorable experiences for every Macy's customer, whether their journey starts online or in the store. Our opportunities in Sales, Merchandise, Operations, Customer Service, Warehouse, Marketing, and other areas let you express your creativity and commitment to excellence, grow your career and make a difference to your Macy's colleagues and customers.

Bring your creativity, energy, and ideas to the Macy's team – Apply Today!

MERCH00

This position may be eligible for performance-based incentives/bonuses. Benefits include 401k, medical/vision/dental/life/disability insurance options, PTO accruals, Holidays, and more. Eligibility requirements may apply based on location, job level, classification, and length of employment. Additional benefit details are available at macysJOBS.com.