Pricing Lead

The Container Store•Coppell, TX

About The Position

The Pricing Lead position is responsible for developing, implementing, and managing strategic pricing, promotional and clearance programs to deliver profitable growth. This position leads the development and implementation of internal pricing strategies, including analytics and optimization by partnering with operational business teams including Demand Planning, Location Planning, Commercial, Visual Merchandising, Marketing, Stores, Supply Chain and Technology. This is a full-time, salaried, exempt position. Position Reports to General Manager, Commercial What We Stand For Established in 1978, The Container Store has grown to be the leading specialty retailer of storage and organization products in the United States and the only national retailer solely devoted to the category. We provide creative, multifunctional, customizable storage and organization solutions that help our customers save time, save space and improve the quality of their lives. We foster a culture built around our Foundation Principles, which define how we approach our relationships with our employees, vendors, customers and communities and influence every aspect of our business.

Requirements

Bachelor's degree required; advanced degree with analytic or quantitative focus is preferred
A minimum of three years of experience in pricing and complex analytics required; additional experience in Merchandise Planning
Strong analytical skills including demonstrated aptitude with financial analysis and ability to generate insight from large and complex data sets.
Strategic thinker as well as tactical executor
Proficient in SQL, Tableau, MicroStrategy, and Power BI knowledge a plus.
Retail experience strongly preferred
Based in Dallas/Ft. Worth area
Ability to travel 10% a year, based on the business needs
Strong computer skills: proficiency in advanced Excel, Outlook, Word, PowerPoint
Is influential throughout the organization and is considered a trusted ally
Able to see and reinforce link between business strategy and pricing strategy
Demonstrates strong quantitative skills and analytical approach to problem solving
Understanding of pricing processes and best practices
Ensures collaboration across business functions
Able to ensure pricing compliance
Experience managing others including career development, directing and evaluating work
Ability to communicate clearly and effectively in a professional manner, both orally and in writing, at all levels within and outside the organization
Strong time management and organizational skills with the ability to successfully manage multiple projects at once
Possesses focused attention to detail while working quickly and accurately under pressure
Makes strategic and effective decisions in the best interest of our customers and our company, taking care to objectively process information

Responsibilities

Drives the development of pricing, promotional and clearance programs to maximize profitability across all channels
Assesses performance of active, ‘slow-moving’ items and reviews exceptions with Demand Planner and Commercial lead to confirm exit strategies if required
Assesses performance of discontinued SKUs to and recommends further price reductions as needed to Commercial General Manager
Assesses ownership and rate of sale of discontinued product in stores and eComm/Distribution Centers and provides selling insights to Store leadership and Location Planners
Develops recommended pricing for further reductions on Clearance SKUs post the first initial reduction from Demand Planners
Collaborates cross-functionally to support execution of pricing processes, including managing price record files, executing price changes and promotions, ensuring pricing integrity and compliance.
Defines, develops and implements overall pricing guardrails and methodologies (e.g., initial mark-up targets, approved exceptions, clearance pricing ladder, etc.)
Drives pricing analytics, testing and tracking; determines implications for the business and communicates findings across the organization
Ensures price competitiveness through benchmarking, testing/pilots and other diagnostics, particularly in key value perception categories
Creates ad hoc reporting to enable analysis, recaps, and refinement of pricing and promotional decisions.
Leads Pricing Analyst and supports Commercial Leads in key pricing tactic decisions
Responsible for maintaining discretion related to all confidential/sensitive company and customer information
Performs other requested tasks and duties

Benefits

Competitive health, dental, and vision plans to keep you and your loved ones well.
401(k) retirement savings plan with optional investment guidance and assistance offered through Fidelity.
Unique "1equals3" website for easy access to your benefits information and company updates.
Competitive sick pay and PTO plan to ensure you can take time off to recharge and come back feeling your best.
Peace-of-mind benefits: Basic life insurance, disability insurance options, accident insurance, critical illness insurance, hospital indemnity insurance and flexible spending accounts (FSAs).
Family-focused support: Considerate parental leave policies, adoption and surrogacy assistance, and fertility & maternity support program.
Work-life balance boosters: Paid holidays, gym membership discounts, and a qualified transportation benefits program to save on commutes.
Discounts galore: Enjoy a hefty discount on our amazing products, including merchandise, custom spaces, and services, gift cards, and pet insurance (because fur-babies matter!).
Recognition you deserve : We honor our employees with service awards and retirement gifts, celebrate those who exemplify our core principles, and recognize exceptional daily contributions.
Thriving with diversity: Participate in our Employee Resource and Affinity Groups and help guide how we give back to the community, while having a space to connect, support one another, and celebrate cultural heritages.