JC Penney

Associate Buyer - Hardlines

JC Penney$69K — $115K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent business experience
  • 4+ years of merchandising experience, preferably in a large organization
  • In-depth knowledge of buying operations from progressive roles
  • Expertise in assortment optimization and business planning
  • Strong negotiation and decision-making skills
  • High adaptability and perseverance
  • Proficiency in Microsoft Word, Excel, and Outlook

Responsibilities

  • Develop customer-focused merchandise assortment plans
  • Manage product placement, pricing, and markdown strategies
  • Negotiate pricing and inventory with suppliers for assigned categories
  • Utilize open-to-buy to optimize pre-season and in-season business
  • Evaluate supplier performance based on multiple criteria
  • Integrate marketing and supply chain functions into merchandising decisions
  • Identify item lifecycles and optimize promotional strategies
  • Attend market weeks, trade shows, and provide training to junior buyers

Benefits

  • Eligible for a performance-based bonus under the Management Incentive Plan
  • Medical, dental, and vision insurance
  • Term life insurance coverage
  • Paid vacation and holidays
  • 401(k) plan with company match
  • Employee discount on JCPenney merchandise
  • Additional information on benefits available online
Full Job Description
Overview

Associate Buyer
J.C. Penney Company, Inc.
Plano, Texas

The Associate Buyer works with the Buyer or Sr. Buyer in identifying, executing and communicating long term and seasonal merchandise strategies through the development of assortment plans. The Associate Buyer will control merchandising and marketing messages that meet or exceed sales, profit and inventory plans for JCPenney Stores and JCP.com

Primary Responsibilities:
• Develop a competitive merchandise assortment plan that is customer focused and adjusts to sales plans based on competition, business needs, and fashion/industry trends
• Manage all aspects of assortment, product placement, order writing, marketing, pricing, signing, and markdowns
• Build strong product assortments with suppliers and negotiate pricing and inventory for assigned categories
• Utilize open-to-buy to manage business pre-season and in-season while working in tangent with Planner to maximize business opportunities
• Evaluate suppliers on new and existing products, including but not limited to quality, pricing, shipping time, customer demand and return on investment
• Integrate brand, sourcing, marketing and supply chain functions into the merchandising process to make business decisions
• Determine item lifecycles and exit strategies as well as identify items to maximize promotional and marketing strategies
• Attend all market weeks, store trips, trade shows and conferences
• Train and coach Assistant Buyers & Sr. Assistant Buyers

Core Competencies & Accomplishments:
• College degree or equivalent business experience
• Minimum 4 years merchandising experience; preferably with a large organization in a similar role
• Thorough knowledge of buying and operations gained through progressive buying experience
• Assortment optimization and Business Planning
• Supplier and Price Management
• Strong Decision Making ability and Negotiation Skills
• Adaptability/Perseverance
• Proficiency in Word, Excel, Outlook required

What you get:

Eligible for bonus under the Management Incentive Plan.

If eligible, we offer a competitive benefits package including medical/dental/vision, term life insurance, paid vacation/holidays*, and 401(k) with Company match. All associates are eligible for an associate discount on JCPenney merchandise. For paid holidays, associates who are eligible for paid vacation (MTO) are also eligible for eight paid holidays during the calendar year. *For paid vacation days, as well as eligibility requirements for other benefits, please visit www.yourjcpbenefits.com.

Pay Range

USD $69,000.00 - USD $115,000.00 /Yr.

About JC Penney

J.C. Penney Corporation, Inc. is a retail company that sells merchandise and services through its department stores and website. The company offers a range of products including clothing, footwear, jewelry, beauty products, electronics, and home furnishings. J.C. Penney operates in the United States and Puerto Rico.
Learn more about JC Penney
Size
90,000 employees
Market Cap
$112
Industry
Founded
1902
5 Year Trend
-180%
NASDAQ

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