Macy's

Buyer - Diamonds

Macy's$80K — $95K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree from a 4-year college or university
  • Experience in a Merchandising Strategy/Buying role at a multi-location retailer; direct experience in the Jewelry category is preferred
  • Passionate about the Jewelry business with a solid understanding of the Diamond market
  • Excellent open communication and presentation skills
  • Strong leadership and interpersonal abilities, able to work across different functional teams
  • Creative, strategic, and technical thinking skills
  • Flexible schedule to meet department needs

Responsibilities

  • Set vision for the product category and react to product performance
  • Plan, manage, and control inventory to maximize profits
  • Recommend brand strategies and prepare presentations for management
  • Negotiate with vendors regarding Return to Vendor and Mark Down allowances
  • Reconcile projected Point of Sale data
  • Perform other related duties as assigned

Benefits

  • Collaborative culture that fosters agility and continuous learning
  • Opportunity to work with a distinguished assortment of merchandise
  • Gaining experience in a high-profile retail environment
  • Ability to influence product strategy and sales outcomes
  • Engagement with a variety of vendors and brands
Full Job Description
Job Description

Job Overview

As a Buyer, you will elevate Bloomingdale's competitive position by buying merchandise to drive sales and profitability across store and online for an assigned area of business. You will work closely with existing vendors to curate a distinguished Bloomingdale's assortment, as well as seek out new and differentiating vendors to satisfy our customer demand. The Buyer will focus on achieving sales, gross margin, and turn over objectives in your assigned area of the business. You will develop and implement strategies by vendor, collaborating with Planning to analyze and respond to sales trends. As a People Leader, you will inspire your team by fostering a culture of agility, and continuous learning.

Essential Functions
  • Set the vision for product category and determine in-season reaction to product performance; leverage analysis to determine quantity, styles, and reorder
  • Strategically plan, manage, and control inventory inclusive of the Rolling Operating Forecast (ROF) to maximize profits, optimize sales and margin
  • Recommend major brand and classification strategies, prepare and present style-out to DMM
  • Negotiate with vendors for collection of Return to Vendor (RTV) and Mark Down Dollar Allowance (MDA) money
  • Reconcile projected Point of Sale (POS) and hardmarks
  • Perform other duties as assigned


Qualifications and Competencies
  • Bachelor's Degree from a 4-year college or university
  • Experience in a Merchandising Strategy/Buying role at a multi-location retailer. Direct experience in the category is a plus.
  • Passionate about the Jewelry business and industry with an understanding of the Diamond market.
  • Practices open and continuous communication, values keeping others informed, effectively presenting information in a clear, concise manner
  • Excellent leadership, facilitation, and interpersonal skills, with the ability to work across functional lines and at many levels
  • Ability to think creatively, strategically and technically
  • Ability to work a flexible schedule based on department and Company needs
  • Knowledge of MS Office computer programs are required
  • This role involves performing essential job functions such as communication, collaboration, and use of office and computer systems. Responsibilities include the ability to access and review written and electronic information, and to move within the work environment and interact with workplace materials as needed to carry out job responsibilities.


This job description is not all inclusive; additionally, Macy's, Inc. reserves the right to amend this job description at any time.

About Macy's

Macy's Careers

Join the vibrant team at Macy's—a leader in the retail industry, offering unparalleled job opportunities that empower you to leverage your skills and drive innovation. At Macy's, we are committed to fostering a culture of diversity and professional growth, making it an exciting time to become part of our global community. Work You'll Do Embark on a career at Macy's and be at the forefront of the retail revolution. With a variety of positions available, from in-store roles to corporate leadership, Macy's provides a platform for professional development and career advancement. Whether you're looking for a full-time position or a part-time internship, Macy's offers a dynamic work environment where your contributions are valued and celebrated. Join Macy's market-leading team to help redefine the shopping experience for millions of customers worldwide. Lead through innovation and be part of a company that prides itself on its commitment to leadership and excellence in the retail sector. Transform your career with Macy's through our comprehensive training programs and development opportunities. Work alongside a diverse team of professionals, all driven by a shared goal of delivering exceptional service and driving success in a competitive marketplace. Macy's Employment Experience At Macy's, we understand that our employees are our greatest asset. That's why we offer competitive benefits, including health insurance, retirement plans, and employee discounts, to ensure our team members are supported both personally and professionally. Our commitment to diversity and inclusion is evident in our hiring practices and corporate culture. We strive to create an environment where all employees can thrive and contribute to our collective success. Macy's is not just a company; it's a community where innovation, leadership, and teamwork are at the heart of what we do. Innovative Work Macy's is a place where you can harness your skills to explore new ideas and innovative solutions. Our commitment to innovation is what sets us apart and keeps us at the forefront of the retail industry. Join us and contribute to projects that redefine retail and improve customer experiences across all our channels. Be Part of a Great Team At Macy's, you'll collaborate with talented professionals who are passionate about redefining retail. Our team's unparalleled capabilities and dedication to excellence make Macy's a leader in the industry. Here, your career will flourish as you work on diverse projects and make a real impact on our company's future. Future-Proof Your Career With Macy's, the sky's the limit when it comes to career growth and opportunities. Advance your career through our training and development programs, designed to nurture your professional skills and prepare you for future leadership roles. Grow with us and see how far your ambition can take you. Stay Connected Join Our Team Search for open positions that match your skills and interests at Macy's. We are always on the lookout for passionate, creative, and solution-driven team players. Explore the numerous career paths available and find the perfect fit for you. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the people who make Macy's a fantastic place to work. Our careers blog is your go-to resource for everything from interview tips to resume advice. Job Alert Emails Customize your subscription to receive job alerts and the latest news from Macy's. Tailor your preferences to see exciting and rewarding opportunities that align with your career aspirations. Join us and be part of a company that values innovation, leadership, and a diverse workforce.
Learn more about Macy's
Size
88,857 employees
Market Cap
$5.4 billion
Industry
Net Income
-$3.9 billion
Founded
1858
5 Year Trend
-0.4%
Revenue
$18 billion
NASDAQ

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