We Go Beyond:
At Bed Bath & Beyond, we believe that everyone should “Be You!”. Bed Bath & Beyond is a community that upholds a culture of understanding, acceptance, and respect. We believe a person’s individuality, traits, beliefs, and characteristics should be valued and embraced. Living by this ethos is essential to the success of our business. Our goal is to foster a more inclusive environment where every employee visibly demonstrates inclusive behaviors and respect for individuals.
Job Summary
Develops and executes a strategic assortment for their planning category to maximize revenue, margin, and customer satisfaction. Oversees and manages vendor relationships for assigned merchandise. Guides the process of assessing and analyzing market intelligence to affect changes in product specifications and evaluate potential partner relationships. Analyzes supplier performance data and collaborates cross-functionally to improve merchandise sales performance.
ESSENTIAL JOB DUTIES
Develops and executes strategic merchandising plans to maximize product sales and achieve profitability goals. Ensures that individual merchandising plans align and compliment strategic business plans and corporate business strategies.
Develops merchandising category/sub-category assortment strategies within product portfolios and develops plans to achieve sales objectives. Ensures merchandising teams follow assigned plans.
Reviews merchandising performance and provides solution-oriented recommendations for improvements
Gathers and evaluates business/sales data to identify opportunities to expand markets and manage potential challenges to the successful achievement of merchandising KPIs.
Researches opportunities to expand product offerings by assessing strategic assortment gaps, sourcing new products and new partners, and collaborating with partners to develop new products.
Develops and designs pricing strategies based on market variances, competitor pricing, and various other related factors.
Develops strategic plans to assess and engage preferred partners for assigned merchandise categories. Manages strong external partner relationships to grow and achieve merchandising sales targets.
Evaluates operational costs of doing business with each suppliers/partner and updates/negotiates agreements for supplying merchandise based on partner performance and other relevant factors.
Implements partner sponsored sales/weekly deals/MAP promotions and site sales. Integrates partner promotions into merchandising marketing plans and schedules.
Functions as the intermediary between suppliers/partners and various internal groups to coordinate various business plans and strategies. Oversees collaboration with cross-functional and marketing channel teams to maintain focus on business goals and objectives and optimize spend/ROI.
Researches various product and suppliers/partners by attending trade shows, product demonstrations and markets updates. Integrates updates into appropriate merchandising strategies.
Develops and executes operational priorities for each merchandise category. Manages all operational requirements to maintain merchandising needs such as optimizing content, correcting attributes and SKUs, and updating MSRP, WISP, and MAP.
Follows prescribed legal guidelines and requirements.
Performs other job-related duties as assigned.
Required Skills and Experience:
Special Note to all employees who are managers or above:
Education/ Licensing/Certification:
Graduation from an accredited institution with a bachelor’s degree in Business, Marketing, Merchandising, Economics or a related field or any combination of education and/or experience based on the table above is required.
We’re a passionate group of collaborative problem solvers and creative innovators, working on cutting-edge technology. From building award-winning retail applications (with amazing AR functionality) to creating leading blockchain and machine learning technologies, each of us embodies a unique value and contributes a diverse perspective to the team.
401k (6% match)
Flexible Schedules
Tuition Reimbursement, Leadership Development Program, & Mentorship Program
Employee Resource Groups (LatinX, Black Employee Network, LGBTQIA+, Women’s Network, Women In Tech)
And More…
*Benefits vary based on position, tenure, location, and employee election
This position requires you to sit, stand and perform general office functions. You may also be required to lift up to 25 pounds occasionally. Bending, stooping and reaching are also frequently required.
It is our policy to provide equal employment opportunity for all applicants and associates. This policy includes our commitment to ensure that all employment decisions are made without regard to race, color, religion, gender, national origin, disability, pregnancy, veteran status (including Vietnam era veterans), age, sexual orientation, gender identity, or any other non-job-related characteristic protected by law.
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