Associate Buyer

Saks Fifth Avenue • Direct, TX

99d • $62,400 - $80,200

About The Position

Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Its retail portfolio includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce experiences. With talented colleagues focused on delivering on our strategic vision, The Art of You, Saks Global is redefining luxury shopping by offering each customer a personalized experience that is unmistakably their own. By leveraging the most comprehensive luxury customer data platform in North America, cutting-edge technology, and strong partnerships with the world's most esteemed brands, Saks Global is shaping the future of luxury retail. Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship properties and represents nearly 13 million square feet of prime U.S. real estate holdings and investments in luxury markets.

Requirements

• BFA or BA in Fashion Merchandising, Business, or related field.
• 3-5 years of experience in a buying capacity, overseeing both the creative and financial aspects of merchandising.
• Strong analytical skill set.
• Strong ability to influence.
• Entrepreneurial mindset and fast learner.
• Comfortable to work up to 4 days a week in our Brookfield Place (NYC) Offices.

Responsibilities

• Develop strategic vision for a defined portion of the Buyers portfolio.
• Use data to make prudent and effective business decisions.
• Anticipate business changes in a proactive manner and adapt to change.
• Partner with Planning on managing OTB hitting key metrics and liquidity targets.
• Write buys based off of business analysis and assortment-planning tools.
• Work closely with vendors, monitor industry trends, evaluate competition, and attend markets.
• Analyze business and maximize opportunities.
• Manage receipts and flow of goods.
• Negotiate and collaborate with vendors.
• Drive execution of the merchandise strategy, focusing on in-season management to ensure optimal productivity.
• Build and grow strong and meaningful vendor relationships.
• Analyze reports to help synthesize data from all aspects of the business and multiple data points to quickly size risks and opportunities.
• Work through ambiguity while maintaining agility and speed necessary to react to an off-price buying environment.
• Make all business decisions in their area of responsibility with the customer experience in mind.
• Negotiate and secure merchandise for seasonal opportunities both in-season and packaway.
• Monitor and react to inventory productivity.
• Collaborate with the Marketing and Digital team by owning the Seasonal Marketing Calendar.
• Identify business opportunities with planning team.
• Have thorough understanding of open-to-buy, markdown management and financials.
• Act with a minimum of planning and seize opportunities.
• Shift gears comfortably and handle risk and uncertainty.
• Make decisions in a timely manner, sometimes with incomplete information and under tight deadlines.
• Build constructive and effective relationships internally and externally.
• Learn quickly and be open to change.
• Use time effectively and efficiently, managing multiple competing priorities.

Benefits

• Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental).
• An amazing employee discount.
• Medical insurance.
• Dental insurance.
• Vision insurance.
• 401(k) retirement plan.
• Basic life insurance.
• Supplemental life insurance.
• Disability insurance.
• A variety of additional voluntary benefits (such as critical illness, hospital and accident insurance).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees