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 for retail products across multiple properties and locations, and contributes to sourcing and developing innovative products that meet financial goals and support Caesars-owned brands. The Retail Buyer also provides administrative support using retail systems to deliver product assortments that exceed guest expectations. The role collaborates with retail leadership, analytics, distribution, operations, vendors, and other departments to plan assortments, promotions, product flow, reporting, and store setups. It also includes training and developing direct reports and supporting employee product knowledge and engagement.

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

Strategize to drive gross profit by managing the vendor matrix and direct deliveries versus central distribution.
Develop pre-season annual sales and margin goals for retail stores, and forecast in-season 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.
Partner with the distribution center and operations to manage product flow and daily or twice-daily deliveries to Las Vegas stores while maintaining agreed inventory levels.
Work with the retail senior leadership team to identify product or real estate growth opportunities.
Plan store promotions at least six months in advance.
Monitor daily sales to identify promotional or 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.
Increase employee engagement by providing and communicating product-knowledge seminars to field teams.
Coordinate vendor training, special events, and personal appearances to drive revenue.
Develop assortment plans for new stores and partner with departments on store setup.
Train and develop all direct reports.
Exceed revenue and margin budgets.
Collaborate effectively with all verticals.