Associate Buyer

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 Associate Buyer will elevate Macy’s competitive position by buying merchandise to drive sales and profitability across stores and online for your family of business. You will work closely with existing vendors to curate a distinguished Macy’s assortment, as well as seek out new and differentiating vendors to satisfy our customer demand. The Associate, Buyer will focus on achieving sales, gross margin, turn over and pricing execution in your assigned area of the business. You will develop and implement strategies by vendor, collaborating with planning to analyze and respond to sales trends.

 

An Associate Buyer is known as a trusted, collaborative, and results-oriented leader, serving as a key business partner and change agent with the ability to lead through influence. Demonstrating professional maturity and industry credibility, the ideal candidate must navigate and lead effectively through significant complexity. A crucial aspect is the candidate's comfort and effectiveness in promptly evaluating and phasing out legacy approaches that no longer align with the current strategy. Equally valued is the candidate's reputation for visionary thinking and a strong commitment to swift decision-making.

 

What You Will Do

• Make all purchasing decisions independently of Buying Director that satisfies the customer demand to achieves sales, turn and margin plan.
• Understand competitive marketplace and pursues white space opportunities that align with company strategy.
• Competitive shop and determine the action necessary to address competitive challenges. Identify any product opportunities and provide suggestions and input in product development to vendors.
• Support Buying Director to drive in-season business effectively by influencing promotional strategies based on current business needs.
• Attend Market appointments prepared with strategic assortment plans and an understanding of product to support customer preferences.
• Set the vision and determine call to action for assortment-building opportunities in partnership with Planning, Pricing and Cross Functional partners. 
• Collaborate with planning partner to develop and execute assortment strategy.
• Develop pre-season assortment vision that ties to company key priorities and insights from Digital and Planning Director counterparts.
• Partner with Financial Planning to ensure department-level financial targets support assortment strategy.
• Decide on in-season changes for the department and vendors based on sales, margin, and turn forecast from Financial Planning.
• Support the Financial Planning and Buying Director in building seasonal strategy components based on targets.
• Provide Buying Director with category, class, and item performance analysis to assist in determining in-season item-level changes to make.
• Maintain an industry presence that allows for connections, new business opportunities, and ideas at Macy’s. Represent and support the Macy’s brand while maintaining this presence.
• Communicate with vendors to ensure timely collection of MDAs/markdowns/RTVs and partner with Financial Planning to ensure alignment with in-season VMT input.
• Rely on data analytics (PE and dynamic pricing) to develop POS and Perm pricing strategy and ensure execution is as intended, hitting financial metrics and driving sales and profitability. 
• Review discount rate and sales performance in promo planner, making adjustments as needed to hit financial sales and margin goals.
• Execute both POS pricing in promo planner, using dynamic recommends, and work with the associate buyer on permanent markdown execution in UPM.

 

Skills You Will Need

Financial Business Acumen: Ability to understand and analyze financial aspects to make informed strategic decisions.

Retail Strategy and Tactics: In-depth knowledge of market trends, customer behaviors, and competitive landscapes..

Change Management: Comfort and effectiveness in leading teams through change ensuring successful adaptation.

Visionary Thinking: Ability to be a forward thinking and innovative leader with a vision to drive tra