Retail Buyer - Corporate (Las Vegas)

Caesars Entertainment•Las Vegas, NV

About The Position

The Retail Buyer selects, purchases, and manages gift merchandise for retail locations. The role supports revenue, margin, and inventory management across multiple properties and locations, and helps source and develop innovative products that achieve financial goals while supporting Caesars-owned brands. The Retail Buyer also provides administrative support using retail systems to deliver product assortments that meet guest expectations. The position works with retail leadership and cross-functional partners on sales and margin planning, forecasting, analytics, product flow, promotions, vendor relationships, store growth, and new-store assortment planning. It also includes training and developing direct reports.

Requirements

Must be at least 21 years of age.
Experience in retail buying is required.
Ability to drive product assortment strategies across multiple locations.
Willingness to travel.
Demonstrated ability to multitask and prioritize activities.
Must be able to speak, read, write, and understand English.
Proven track record of exceeding goals.
Strong understanding of retail finance and key performance drivers.
Strong understanding of trends in relevant departments.
Ability to develop and build a strong team of motivated merchants.

Nice To Haves

A degree in merchandising or marketing is preferred but not required.

Responsibilities

Develop strategies to drive gross profit through vendor-matrix management and decisions about direct deliveries versus central distribution.
Develop annual pre-season sales and margin goals for retail stores and in-season forecasts aligned with performance.
Produce weekly snapshot reports for the retail senior leadership team on a biweekly basis.
Partner with corporate analytics to develop performance metrics and meaningful analysis.
Coordinate with the distribution center and operations to manage product flow and daily or twice-daily deliveries to Las Vegas stores, maintaining agreed inventory levels.
Work with retail senior leadership to identify product or real-estate growth opportunities.
Plan store promotions at least six months in advance.
Monitor daily sales to identify promotional and other revenue-driving opportunities.
Partner with vendors on FF&E, equipment, and collateral to drive incremental revenue.
Identify market trends that can be executed profitably and efficiently.
Identify top- and bottom-selling products and develop action plans to maximize revenue and margin.
Identify new product or margin opportunities for Corporate Sourcing.
Provide and communicate product-knowledge seminars to increase field employee engagement.
Coordinate vendor training, special events, and personal appearances to drive revenue.
Develop assortment plans for new stores and partner with other departments on store setup.
Train and develop all direct reports.