ULTA Salon, Cosmetics & Fragrance, Inc

Merchant

Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred or relevant work experience
  • 6+ years of professional experience in merchandising and product knowledge
  • Preferred management experience overseeing teams
  • Strong strategic mindset for competitive brand strategies
  • Proven financial acumen understanding P&L drivers
  • Expertise in brand relationship management and negotiation
  • Excellent communication and influencing skills with analytical rigor

Responsibilities

  • Develop and implement merchandising strategies with leadership for financial and strategic goals
  • Manage brand relationships through negotiations and optimize assortments
  • Create innovative omnichannel assortments to drive business growth
  • Monitor trends, consumer behaviors, and competitive landscape
  • Ensure financial stability and profitability through collaboration with financial teams
  • Partner with marketing and operations for seamless customer experiences
  • Guide and support merchandising assistants and coordinators to achieve team objectives

Benefits

  • Eligible for paid time off
  • Comprehensive health, dental, and vision insurance
  • Life and disability benefits available
  • Opportunity for bonuses based on performance
  • Career development resources provided
Full Job Description
POSITION SUMMARY:

As a Merchant, you'll partner with the Senior Merchant/DMM to develop and implement omni merchandising strategies across the business. You will be responsible for developing innovative and profitable assortments, managing a P&L, maintaining brand relationships and partnering cross-functionally to drive a seamless omni-channel experience for our guests. This role manages Merchandise Coordinators and/or Assistant Merchants based upon the brand portfolio.

CORE JOB RESPONSIBILITIES:
  • Develop and implement merchandising strategies in partnership with leadership to achieve the financial and strategic objectives of the category and enterprise (sales, margin, turn)
  • Lead and maintain relationships with brands through terms negotiations, exclusivity, assortments, and marketing activations.Establish a strategy for enhancing profitability and phasing out underperforming brands
  • Create a high-quality, innovative and competitive omni-channel assortment by strategically expanding our core business, boosting newness, and creating differentiation.
  • Stay on top of trends, consumer behavior, and competitive activity
  • Ensure financial stability and profitability for the brand portfolio, working closely with MP&I and FP&A to make sound business decisions

ADDITIONAL RESPONSIBILITIES:
  • Successfully partner with marketing and operations to deliver a seamless omnichannel experience, bringing our vision to life and engaging our guests
  • Provide management direction to assistant merchants and coordinators. Assist in identifying priorities, support through execution, and remove obstacles
  • Foster a team culture that is results-oriented and aligned with Ulta Beauty's values, mission, and vision
REQUIREMENTS FOR CONSIDERATION:
  • Bachelor's degree preferred, or relevant work experience
  • 6+ years of professional, relevant experience with deep category, product, trends and guest knowledge
  • Management experience preferred, not required
  • Strategic mindset: ability to set competitive and breakthrough department, brand, event and go-to-market strategies
  • Financial acumen: understanding of a brand and company P&L and the drivers of profitability
  • Brand relationship management: creating and sustaining strong business partnerships that maximize the value of the brand and Ulta Beauty. This includes the skill of negotiation
  • Influence and communications; grounded in analytical rigor, expertise, and a set of soft skills that inspire alignment
  • Strong financial and analytical aptitude, ability to analyze the businesses' opportunities and risks, and develop solutions
  • Analysis and problem solving: applying logical thinking, data analysis, and creativity to solve problems effectively and efficiently
  • Develops talent and instill accountability: coaches in the moment, provides regular performance and developmental feedback
  • Strong collaborator with internal partners, understands that success is done by a team of people
  • Ability to plan and prioritize effectively and stay organized in a fast-moving business
  • Value creation mindset; robust understanding of the current internal / external competitive landscape and the levers used to drive profitable business decisions for Ulta
  • Strong passion for products and brand value
  • Sees the possibilities and moves self and team into the future with clear intentions and purposeful actions

The pay range for this position is $88,200.00 - $120,000.00 / Year with the opportunity for eligible associates to earn additional compensation pursuant to the Company's bonus plan. Exact pay will be based on factors including, but not limited to relevant education, qualifications, certifications, experience, level, shift, geographic location, and business and organizational needs. Full-time positions are eligible for paid time off, health, dental, vision, life and disability benefits. Part-time positions are eligible for dental, vision, life, and disability benefits. For additional information concerning our benefits, visit our Benefits and Career Development page: https://learn.bswift.com/ulta

About ULTA Salon, Cosmetics & Fragrance, Inc

ULTA Beauty is the beauty retailer in the United States and the premier beauty destination for cosmetics, fragrance, skin, hair care products and salon services. Since opening its first store 25 years ago, ULTA Beauty has grown to become the top national retailer providing All Things Beauty, All in One Place™. The Company offers more than 20,000 products from over 500 well-established and emerging beauty brands across all categories and price points, including ULTA Beauty's own private label. ULTA Beauty also offers a full-service salon in every store featuring hair, skin and brow services. ULTA Beauty is recognized for its commitment to personalized service, fun and inviting stores and its industry-leading Ultamate Rewards loyalty program.

ULTA Salon, Cosmetics & Fragrance, Inc. Careers

Join the vibrant team at ULTA Salon, Cosmetics & Fragrance, Inc., a leader in the beauty industry, where innovation meets diversity and professional growth. As a company renowned for its inclusive culture and commitment to employee development, there has never been a better time to explore job opportunities with us. Work You’ll Do At ULTA, we empower our team to bring beauty to life, providing unparalleled opportunities for career advancement and professional enrichment. Whether you are looking for a position in our retail stores, at our corporate headquarters, or within our distribution network, ULTA offers a dynamic work environment where your skills will be honed and your achievements recognized. Join our team and contribute to an industry-leading company known for its commitment to innovation, leadership, and diversity. ULTA is not just about beauty products; it's about elevating the beauty in everyone. Our team’s diversity is our strength, and we continuously strive to foster an inclusive environment through comprehensive diversity training programs. Internship and Employment Opportunities Start your career journey with an internship at ULTA, where you can gain hands-on experience in a thriving retail environment. Our internships provide a robust foundation in the beauty industry, offering insights into various aspects of business operations, from marketing to supply chain management. For those seeking full-time roles, ULTA is hiring across a range of departments. We look for passionate, creative, and solution-driven team players. Explore open positions that match your skills and interests on our Careers page. Benefits and Culture At ULTA, we believe in rewarding our employees for their hard work and commitment. Our benefits package is designed to support the well-being and financial security of our team members and their families. Benefits include health coverage, retirement plans, employee discounts, and more. Our company culture champions personal and professional growth, encouraging every team member to reach their full potential. Through leadership training and continuous learning opportunities, we prepare our employees to lead and innovate in the beauty industry. Networking and Professional Development Stay connected and advance your career through ULTA’s networking events, where you can meet industry leaders and like-minded professionals. Enhance your resume and interview skills through our career development workshops and receive personalized advice from our experienced hiring managers. Future-Proof Your Career With ULTA, the trajectory of your career is boundless. Embrace the opportunity to grow with a company that is as committed to your professional journey as it is to leadership in the beauty industry. Explore Discover how ULTA is transforming the beauty landscape and leading the way in retail innovation. Read more about our latest projects and the impact they have on our customers and industry. Join Our Team Search for job opportunities that align with your career aspirations. We are excited to see how your vision and expertise can contribute to our ongoing success. Stay Up to Date Keep 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. See what exciting and rewarding opportunities await at ULTA Salon, Cosmetics & Fragrance, Inc. Join us and be part of a company where innovation, leadership, and beauty move forward together.
Learn more about ULTA Salon, Cosmetics & Fragrance, Inc
Size
16,500 employees
Market Cap
$23.6 billion
Industry
Net Income
$175.8 million
Founded
1990
5 Year Trend
+12.2%
Revenue
$6.1 billion
NASDAQ

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