Retail Buyer
Serve as the subject matter expert for a designated business category. Deliver and exceed all financial metrics while setting and executing long-term strategic goals that drive sustainable growth and profitability.
Category Strategy & Financial Ownership
- Develop and implement 23-year growth plans for assigned categories.
- Identify and establish long-term strategic vendor partnerships.
- Own the full reset process, including strategy development to support financial goals.
- Manage all financial aspects of the category, including :
- Profit & Loss (P&L) responsibility.
- Monthly financial reviews and presentations to VP.
- Deep understanding of KPIs including markdowns, merchandise cost, shrink, GMROI, and market share.
- Oversight of the allowance process and billing collections.
Joint Business Planning (JBP)
Set the vision and strategy for each product class within the category.Lead vendor negotiations to develop customer-centric, profit-driving plans.Create and utilize the Supplier Mix Tool to optimize vendor portfolios.Strategic Planning & Execution
Collaborate with Financial Planners to create financial goals, building blocks, and waterfalls.Develop robust allowance plans that align with category strategies.Utilize competitive shopping and market data to validate trends and inform decisions.Leadership & Collaboration
Lead the strategic direction of cross-category initiatives (CCM Leader).Champion effective communication to internal and external stakeholders, promoting empowerment and accountability.Build strong partnerships with internal teams (marketing, finance, planning) and external suppliers.Marketing & Merchandising
Define and execute the overall category strategy for marketing campaigns, ads, and off-shelf promotions.Own the Integrated Marketing Calendar (IMC), ensuring all deadlines are met and plans are aligned across functions.Collaborate on trade spending strategy; manage trade rates to ensure no gaps or mitigate them with strategic solutions.Planogram & In-Store Experience
Understand customer and Private Brand strategies to create effective, customer-centric planograms.People Leadership
Provide leadership and development to Associate and Assistant Buyers.Foster a culture of accountability, growth, and collaboration within the team.Qualifications
Strong financial acumen and proven experience in P&L management.Exceptional negotiation, planning, and communication skills.Demonstrated ability to build and execute long-term strategies.Proficient in retail math and analytics tools; experience with planograms and marketing strategy preferred.Full time510 Volvo Parkway, Chesapeake, Virginia 23320 BuyingFamily Dollar