Ross Stores

Buyer

Ross Stores • $105K — $170K *
New York, NY 10025In-Person
Retail & Consumer Goods
Less than 5 years of experience
Reposted Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree required, preferably in related field.
  • 3+ years of buying experience, including vendor negotiation.
  • Experience in closeout buying is a plus.
  • Strong analytical skills with retail math expertise.
  • Excellent communication and relationship-building skills.
  • Demonstrated ability to prioritize tasks and work effectively under pressure.
  • Willingness to travel as necessary for buying responsibilities.

Responsibilities

  • Manage product financials and inventory for a defined product category.
  • Conduct ongoing analysis of business performance and market trends.
  • Develop strategic product assortments that align with customer needs.
  • Build and maintain strong vendor relationships through in-person interaction.
  • Negotiate terms and pricing with vendors while keeping long-term goals in mind.
  • Train and mentor Assistant Buyers to foster team growth and development.
  • Manage purchase order processes and ensure timely execution of deliveries.

Benefits

  • Affordable health insurance options with concierge services.
  • 401(k) plan with employer match and life insurance coverage.
  • Generous paid time off including vacation, holidays, and summer Fridays.
  • Employee stock purchase program available.
  • Access to wellness resources like BetterHelp and Headspace.
  • Charitable contribution matching through Ross Stores Foundation.
Full Job Description
The Buyer position is a leadership role with direct fiscal accountability for a product category. Responsibilities include managing business financials, inventory, and product flow, and negotiating in the market while developing deep and meaningful vendor relationships. This role will be integral in developing Assistant Buyers on the team and helping grow the future talent in the company.

The base salary range for this role is $105,000 - $170,000. The base salary range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.

What you will do and what you will learn...
  • Management of the open to buy while maximizing product opportunities and overseeing adherence to company guidelines. Identify and exercise discretion to take calculated risks. Accountable for sales and margin performance.
  • Oversee and perform on-going analysis and interpretation of key business issues. This includes learning and driving rack strategies by monitoring regional merchandise reports, managing speed of spending, anticipate shifts in market availability and controlling an Open-to-Buy through analysis.
  • Learn from the best in the industry about our "off-price philosophy" and build a treasure hunt assortment, with the right balance of good, better, best customer in mind.
  • Prioritize in-person shopping at Ross and the competition to identify opportunities and make recommendations with the customer in mind. Act upon findings to create actionable assortment decisions that maximize trends and opportunities.
  • Develop long lasting trusted relationships that translate into business opportunities for Ross. This includes frequent in-person visits to showrooms, selecting product, and handling negotiations, either independently or in conjunction with their supervisor. Negotiate with the short and long term in mind with the vendor on purchases.
  • Effectively negotiate packaway goods to offset additional costs of storing merchandise (e.g., additional dating, vendors holding merchandise etc.).
  • Provide regular in-person training to motivate and develop their associates providing specific and balanced feedback.
  • Display a sense of urgency in implementing solutions, managing time, and prioritizing work effectively to maximize time in the market.
  • Manage, supervise, and oversee purchase order management and administration. This includes ensuring direct reports are: writing orders, changes, cancellations and necessary follow-up (both internally and externally) to ensure key shipments are delivered and processed.
  • Show creativity in putting together a deal with the big picture / total rack in mind. Both recommend or take appropriate takes risks to drive the business.
  • Embraces new systems and technologies that can best support and sustain the company growth and culture.

What you need to be successful...
  • Strong communication skills: You actively listen, ask clarifying questions, and demonstrate the ability to build relationships.
  • Flexibility: You can pivot and are adaptable, and receptive to feedback.
  • Results Driven: You are tenacious, and achievement focused. You can prioritize your work and deliver it with accuracy.
  • Intellectually curious: You can analyze and draw conclusions, are a critical thinker, and see the big picture.
  • Resilient: You are persistent and persuasive. You stay focused on your goals and find creative solutions to problems.
  • Product focus: Product is the center of what we do.... you must have an enthusiasm for the retail business and the product and can interpret the technical aspects of merchandising.
  • Analytical Mindset: Ability to extrapolate data to make sound business decisions with strong understanding and utilization of retail math and analysis.
  • A bachelor's degree, 3+ years prior buying experience, including vendor negotiation experience. Closeout experience is a plus.
  • Open to travel deemed necessary to support specific buying responsibility.

Perks and Benefits of joining our team...

Our Associates are at the heart of everything we do and we're proud to offer a range of benefits that reflect how much we value their contributions. Here's a peek into what you can expect as an eligible Ross Associate:
  • A broad range of affordable health insurance options & personal medical plan concierge
  • 401(k) with employer match and Life insurance
  • Ample PTO including accrued vacation, paid holidays, diversity day, summer Fridays and the ability to purchase additional vacation
  • Employee stock purchase plan
  • Access to health and wellness benefits such as BetterHelp and Headspace
  • Charitable donations matched by Ross Stores Foundation
  • And more....

*benefits vary by level and position and are subject to change

#LI-BK1

About Ross Stores

Ross Stores, Inc. is an off-price apparel and home fashion chain in the United States. The Company operates two brands of off-price retail apparel and home fashion stores: Ross Dress for Less (Ross) and dd’s DISCOUNTS. Ross offers designer apparel, accessories, footwear, and home fashions for the entire family at everyday savings of 20% to 60% off department and specialty store regular prices. Its merchandise offerings also include, but are not limited to, small furniture and furniture accents, educational toys and games, luggage, gourmet food and cookware, watches, and sporting goods. As of February 1, 2014, it operated 130 dd’s DISCOUNTS stores in 10 states that features brand apparel, accessories, footwear, and home fashions for the entire family at everyday savings of 20% to 70% off moderate department and discount store regular prices. At February 1, 2014, it operated a total of 1,276 stores, of which 1,146 were Ross locations in 33 states, the District of Columbia and Guam.

Ross Stores Careers

There has never been a more exciting time to explore job opportunities at Ross Stores, a leader in the off-price retail industry. Join our vibrant team today and be part of a company that prides itself on growth, innovation, and a commitment to diversity and leadership. Work You’ll Do At Ross Stores, you’ll engage in meaningful work that directly contributes to the company’s success. As part of our dynamic team, you will help deliver unbeatable bargains to our customers, ensuring they enjoy a high-quality shopping experience. Ross isn’t just about retail; it’s about delivering cost-effective solutions that resonate with savvy shoppers. Transform your career with opportunities in various departments, from in-store leadership positions to corporate roles that support our nationwide operations. At Ross, your career is in your hands, with ample opportunities for professional growth and advancement. Lead with Us Step into a role that challenges you to leverage your skills and leadership abilities. At Ross Stores, we empower our employees to take charge of their career paths with comprehensive training programs and development opportunities that foster innovation and leadership skills. Work with a Diverse and Inclusive Team Join a company where diversity and inclusion are embedded in the culture. At Ross Stores, we celebrate diverse backgrounds and perspectives, which contribute to our rich culture of inclusivity and innovative thinking. Our team’s collaboration is the key to our success, allowing us to remain competitive in a fast-paced industry. Introducing Ross Stores Employment Benefits We offer a competitive benefits package that addresses health, family, and financial needs, helping you secure your future while maintaining a healthy work-life balance. Our benefits are designed to support you at different stages of your life and career. Do Innovative Work Be part of a team that’s dedicated to reinvention and innovation. At Ross Stores, you’ll work on projects that challenge the status quo and contribute to the company’s growth and efficiency. Our commitment to innovation is what makes Ross a thrilling place to develop your career. Be Part of a Great Team At Ross, you’re not just an employee; you’re part of a nationwide family. Our supportive environment and team-oriented culture foster networking and friendships that last a lifetime. Here, every team member is valued, and every role is crucial to our success. Future-Proof Your Career With Ross Stores, the sky's the limit when it comes to where your ambition can take you. We support our team members with unmatched training, development programs, and leadership opportunities designed to propel your career forward. Explore Job Opportunities and Internships Whether you’re starting your career or looking for a change, Ross offers a range of positions and internship opportunities that can help you make your mark in the retail industry. From part-time jobs to full-time careers, Ross is hiring passionate, curious, and driven individuals. Stay Connected Join Our Team Search open positions that match your skills and interests. We look for professional, creative, and solution-driven team players. Start your journey with Ross Stores today and discover how your contributions can make a direct impact. Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding career opportunities that await at Ross Stores.
Learn more about Ross Stores
Size
100,000 employees
Market Cap
$39 billion
Industry
Retail & Consumer Goods
Net Income
$85.3 million
Founded
1957
5 Year Trend
+8%
Revenue
$12.5 billion
NASDAQ
ROST
* Ladders Estimates

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