Pricing & Promo Strategy Lead, Snacks & Candy

Target•Minneapolis, MN

1d•Hybrid

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. Working within Pricing & Promo, your mission is to develop enterprise wide pricing and promotion strategies with merchants impacting millions of dollars within Enterprise Price. 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 & Planning 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 Enterprise Price. 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 enterprise wide pricing and promotion strategies with merchants.
Lead promotional offer strategy and effectiveness.
Act as a key business consultant to merchants, developing relationships with Buyers, Sr. Buyers, and Divisionals.
Partner with Marketing to bring offers to life for the Guest.
Partner with Store Operations, Finance and other important support areas.
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.
Develop division-specific financial goals and objectives for key initiatives.
Coordinate cross-function reviews to support new and on-going initiatives.
Drive process improvements using strategic problem-solving skills.
Identify business risks and opportunities based on financial and operational performance.
Educate merchants and other partners by influencing pricing decisions.
Drive collaborative dialogue and processes between Merchants, Marketing and Enterprise Price.

Benefits

Comprehensive health benefits and programs (medical, vision, dental, life insurance)
401(k)
Employee discount
Short term disability
Long term disability
Paid sick leave
Paid national holidays
Paid vacation
Robust onboarding
Personal and career development