Merchant

Ulta Beauty, Inc. • Bolingbrook, IL

6h

About The Position

As a Merchant, you’ll partner with the Senior Merchant/DMM to develop and implement omni merchandising strategies across the business. You will be responsible for developing innovative and profitable assortments, managing a P&L, maintaining brand relationships and partnering cross-functionally to drive a seamless omni-channel experience for our guests. This role manages Merchandise Coordinators and/or Assistant Merchants based upon the brand portfolio.

Requirements

• Bachelor's degree preferred, or relevant work experience
• 6+ years of professional, relevant experience with deep category, product, trends and guest knowledge
• Strategic mindset: ability to set competitive and breakthrough department, brand, event and go-to-market strategies
• Financial acumen: understanding of a brand and company P&L and the drivers of profitability
• Brand relationship management: creating and sustaining strong business partnerships that maximize the value of the brand and Ulta Beauty. This includes the skill of negotiation.
• Influence and communications; grounded in analytical rigor, expertise, and a set of soft skills that inspire alignment.
• Strong financial and analytical aptitude, ability to analyze the businesses’ opportunities and risks, and develop solutions.
• Analysis and problem solving: applying logical thinking, data analysis, and creativity to solve problems effectively and efficiently.
• Develops talent and instill accountability: coaches in the moment, provides regular performance and developmental feedback.
• Strong collaborator with internal partners, understands that success is done by a team of people.
• Ability to plan and prioritize effectively and stay organized in a fast-moving business.
• Value creation mindset; robust understanding of the current internal / external competitive landscape and the levers used to drive profitable business decisions for Ulta.
• Strong passion for products and brand value.
• Sees the possibilities and moves self and team into the future with clear intentions and purposeful actions.

Nice To Haves

• Management experience preferred, not required

Responsibilities

• Develop and implement merchandising strategies in partnership with leadership to achieve the financial and strategic objectives of the category and enterprise (sales, margin, turn).
• Lead and maintain relationships with brands through terms negotiations, exclusivity, assortments, and marketing activations. Establish a strategy for enhancing profitability and phasing out underperforming brands.
• Create a high-quality, innovative and competitive omni-channel assortment by strategically expanding our core business, boosting newness, and creating differentiation.
• Stay on top of trends, consumer behavior, and competitive activity.
• Ensure financial stability and profitability for the brand portfolio, working closely with MP&I and FP&A to make sound business decisions.
• Successfully partner with marketing and operations to deliver a seamless omnichannel experience, bringing our vision to life and engaging our guests.
• Provide management direction to assistant merchants and coordinators. Assist in identifying priorities, support through execution, and remove obstacles.
• Foster a team culture that is results-oriented and aligned with Ulta Beauty's values, mission, and vision.

Benefits

• Full-time positions are eligible for paid time off, health, dental, vision, life and disability benefits.
• Part-time positions are eligible for dental, vision, life, and disability benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree
• Number of Employees: 5,001-10,000 employees