Pricing and Promo Strategy Lead, Apparel and Accessories- Men's, Kids, NIT

TargetMinneapolis, MN
13d$95,000 - $171,000Hybrid

About The Position

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here. Working within Pricing & Promo, your mission is to develop enterprise wide pricing and promotion strategies with merchants impacting millions of dollars within the enterprise Pricing and Promotions Center of Excellence. Pricing strategies affect everyday retails, promotional effectiveness, clearance management and competitive pricing. As a member of the Pricing & Promo team, you’ll focus on leading promotional offer strategy and effectiveness, and be a key business consultant to merchants developing relationships with Buyers, Sr. Buyers, and Divisionals. There is also a strong partnership with Marketing to bring offers to life for the Guest, as well as partnership with Store Operations, Finance and other important support areas. As a Pricing & Promo Strategy Lead, you’ll take the lead to develop pricing & promotion strategies and plans that will result in optimal financial outcomes and support broader price perception objectives for Target. You will learn and understand merchant businesses, strategies, and objectives. You will support the team as a consultant to refine strategies based on market conditions and business performance and develop division-specific financial goals and objectives for key initiatives. Through your coordination of cross-function reviews you will have the opportunity to support new and on-going initiatives. Using your strategic problem solving skills, you will drive process improvements and identify business risks and opportunities based on financial and operational performance. Leverage your strong critical thinking and communication skills to educate merchants and other partners by influencing pricing decisions and driving collaborative dialogue and processes between Merchants, Marketing and the Pricing and Promo COE. We’ll support you along the way with robust onboarding, as well as personal and career development, to help you grow as a strong Strategy & Planning Lead. The exciting part of retail? It’s always changing! Core responsibilities are described within this job description. Job duties may change at any time due to business needs.

Requirements

  • Four-year degree or equivalent work experience
  • 6+ years previous merchandising experience (e.g. buyer, operations, pricing)
  • Experience leading complex projects and enterprise strategies
  • Strong interpersonal skills and ability to maximize relationships
  • Excellent communication, influencing, and leadership skills
  • Entrepreneurial spirit with strong analytical, decision-making, project management, planning and organizational skills

Responsibilities

  • develop pricing & promotion strategies and plans that will result in optimal financial outcomes and support broader price perception objectives for Target
  • learn and understand merchant businesses, strategies, and objectives
  • support the team as a consultant to refine strategies based on market conditions and business performance and develop division-specific financial goals and objectives for key initiatives
  • support new and on-going initiatives through coordination of cross-function reviews
  • drive process improvements and identify business risks and opportunities based on financial and operational performance
  • educate merchants and other partners by influencing pricing decisions and driving collaborative dialogue and processes between Merchants, Marketing and the Pricing and Promo COE

Benefits

  • comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more
  • 401(k)
  • employee discount
  • short term disability
  • long term disability
  • paid sick leave
  • paid national holidays
  • paid vacation
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