Job Description
**Job Title: Retail Buyer**
**Overall Mission:**
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.
**Key Responsibilities:**
**1. Category Strategy & Financial Ownership**
+ Develop and implement 2-3-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.
**2. 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.
**3. 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.
**4. 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.
**5. 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.
**6. 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 time
510 Volvo Parkway,Chesapeake,Virginia 23320
Buying
Family Dollar
Job Tags
Full time,
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