Raley's Pricing Analyst
About The Position
The Pricing Analyst executes and maintains pricing strategies established by Category Managers and manages multiple pricing zones using competitive market analysis. The role generates insights from historical and competitive data to support category sales, margin, and rate performance. It requires analytical capability, knowledge of retail pricing strategy, and the ability to implement pricing objectives within merchandising systems. The position works with Category Managers on pricing strategies and category objectives, communicates pricing trends and supporting analytics, and supports pricing-related issues across the business. Work is performed in an in-person business office; the position is not remote or hybrid. Occasional travel to store locations and occasional after-hours support based on business needs are required.
Requirements
- Bachelor’s degree in business, finance, or a related field and at least two years of analysis experience, or an equivalent combination of education and experience.
- Knowledge of Microsoft Office Suite, including Excel, PowerPoint, and Word.
- Knowledge of retail pricing concepts, practices, and procedures.
- Knowledge of pricing systems and processes and their impact on overall store performance and value.
- Strong computer skills and proficiency with pricing and analytical tools.
- Strong analytical and problem-solving skills.
- Strong work ethic and a positive, solution-oriented mindset.
- Excellent listening, verbal, and written communication skills.
- Ability to prioritize multiple assignments and meet tight deadlines.
- Ability to build and maintain effective working relationships.
- Ability to adapt to changing priorities and business needs.
- Ability to work independently with minimal supervision.
Responsibilities
- Conduct research and analysis, and recommend actions to optimize sales and margin performance.
- Perform competitive pricing analysis by comparing products with market competitors.
- Implement and maintain pricing structures aligned with guidelines and financial targets.
- Maintain competitive pricing databases to support pricing decisions.
- Conduct price sensitivity and elasticity analysis to maximize revenue and profit.
- Implement and monitor pricing for key value items (KVIs).
- Use pricing tools and systems to execute pricing strategies.
- Identify ongoing opportunities to improve margin and profitability.
- Conduct competitive store visits to observe and evaluate pricing strategies.
- Maintain the integrity of pricing data within the merchandising system.
- Enter and update pricing for new, existing, and discontinued items.
- Assign items to pricing groups to ensure logical grouping and consistency.
- Adjust the timing of pricing changes to align with merchandising calendars and execution.
- Audit system outputs to ensure pricing accuracy.
- Research and resolve pricing issues submitted by stores, category teams, and reports.
- Partner with Category Managers to ensure pricing strategies are accurately reflected in systems.
- Create queries and generate reports to support merchandising and pricing decisions.
- Provide reporting, documentation, and support for pricing inquiries.
- Prepare monthly and ad hoc pricing analysis.
- Evaluate promotional pricing effectiveness, including buy-more-save-more programs.
- Interpret and present report insights to support recommendations and decision-making.
- Collaborate with Category Managers on pricing strategies and category objectives.
- Communicate pricing trends and supporting analytics.
- Provide support for pricing-related issues across the business as needed.
Benefits
- Competitive compensation, paid weekly
- 401(k) retirement savings plan with company contributions and matching funds
- Tuition reimbursement for qualified courses
- Scholarship opportunities for continued education
- Medical, dental, and vision insurance for the employee and eligible dependents
- Paid time off
- Family leave and time off
- Life insurance
- Wellness programs
- Flexible Spending Account for commuter, childcare, and medical expenses
- Health Savings Account
- Corporate store and discount programs, including grocery discounts and free items
- Discounts on amusement parks, gym memberships, and mobile phone plans
- Employee Assistance Program with financial, legal, and mental health services
- Charitable contribution opportunity, volunteer time off, and community events
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
