MGM Resorts International

Senior Buyer - Retail

MGM Resorts International$80K — $95K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of relevant experience in retail buying or purchasing required.
  • Experience in retail operations within hospitality or resort industries is preferred.

Responsibilities

  • Direct the buying process for complex product categories.
  • Create product assortments aligned with financial and brand objectives.
  • Analyze data and trends to shape buying strategies.
  • Identify growth opportunities and manage inventory risks.
  • Negotiate vendor agreements and exclusive offerings.
  • Develop strong relationships with cross-functional teams.
  • Evaluate market trends to introduce competitive product concepts.

Benefits

  • Wellness incentive programs for physical and mental health.
  • Health and income protection benefits available to eligible employees.
  • Discounts on company hotels, dining, and entertainment.
  • Free meals provided in the employee dining room.
  • Complimentary parking for all employees.
  • Comprehensive healthcare and financial benefits.
  • Opportunities for professional development and community volunteering.
Full Job Description
Las Vegas, Nevada

THE JOB:
It is the primary responsibility of the Senior Retail Buyer to communicate and execute retail buying strategies for achieving sales and financial objectives in support of property financial goals. The Senior Retail Buyer focuses on a complex product assortment that is unique to the properties. All duties are to be performed in accordance with departmental and MGM Resorts policies, practices and procedures.

THE DAY-TO-DAY:
  • Directs all aspects of the buying process for a high volume and/or highly complex product category in
  • support of luxury and
  • ultra-luxury property strategic plans.
  • Creates a compelling assortment that will meet financial targets and support property brand objectives.
  • Analyzes historic data, trends, product assortment, and competition to develop the strategy.
  • Analyzes current business performance to identify growth opportunities and in-season risks, managing
  • inventory, markdowns, and exit strategies in collaboration with corporate and property leadership.
  • Negotiates exclusive offerings, terms, pricing, vendor funded markdowns, return-to-vendor agreements,
  • and drop-ship programs.
  • Develops and maintains effective working relationships with members of cross-functional teams and is
  • able to influence them to achieve results.
  • Evaluates market trends, maintains a knowledge base of potential product concepts, and introduces new
  • vendors and categories to drive competitive advantage.
  • Develops target customer profile for luxury and ultra-luxury properties through market data, competitive
  • shopping analysis and business trends. Participates in the merchandising budgetary process for properties
  • which includes inventory, sales, receipts, markdowns, turn, gross margin percent and weeks of supply.
  • Manages product categories specific to general merchandise including but not limited to beverage,
  • tobacco, food/candy, electronics, sun care, and HBA.
  • Executes planograms specific to each retail outlet and assists with in-store merchandising.
  • Supports and mentors diversity vendors by communicating the vendor diversity certification process and
  • vendor compliance to support MGM Resort International's Corporate Social Responsibility initiatives.
  • Leads, mentors and trains junior team members; makes performance recommendations as appropriate.


THE IDEAL CANDIDATE:
  • 5+ Years of Prior relevant experience required
  • Retail store operations or buying/purchasing experience within the hospitality, casino, and resort industry preferred


THE PERKS & BENEFITS:
  • Wellness incentive programs to help you stay healthy physically and mentally.
  • Health & Income Protection benefits (for eligible employees).
  • Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more.
  • Free meals in our employee dining room.
  • Free parking on and off shift.
  • Healthcare, financial, and time off benefits.
  • Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community.


VIEW JOB DESCRIPTION:

https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=11653

Are you ready to JOIN THE SHOW? Apply today!

About MGM Resorts International

MGM offers building operations, building maintenance, facilities management, lease administration, property accounting, financial reporting, contract management, and construction management services. They manage multifamily market-rate housing for property owners and residents.

MGM Resorts International Careers

Join the vibrant team at MGM Resorts International, a global leader in hospitality and entertainment, and experience a career filled with innovation, leadership, and growth. As part of our dynamic team, you will have the opportunity to work alongside the best professionals in the industry and contribute to an environment rich in diversity and inclusivity.

Work You’ll Do

At MGM Resorts International, we are committed to creating memorable experiences for our guests and providing unparalleled service. Whether you are interested in hotel operations, casino management, or culinary arts, we offer a variety of job opportunities that will allow you to showcase your skills and advance your career.

Transform Your Career

Lead and innovate with MGM Resorts International, where we encourage professional growth and leadership development through robust training programs and hands-on experience. Our commitment to innovation and excellence has made us a leader in the hospitality industry, and by joining our team, you can be a part of that legacy.

Join a Leading Team

Collaborate with a diverse group of talented individuals who are passionate about hospitality and entertainment. MGM Resorts International is home to a team of over 50,000 dedicated professionals, all working together to bring our unique brand of excitement and luxury to guests around the world.

Introducing the MGM Resorts International Career Development Program

We are proud to offer a comprehensive career development program designed to nurture your professional growth and prepare you for leadership roles within the company. From internships to full-time positions, MGM Resorts International provides a pathway for career advancement and personal achievement.

Innovate and Lead

Participate in groundbreaking projects and initiatives that set the standard for the hospitality industry. At MGM Resorts International, your innovative ideas and proactive approach to problem-solving will drive the success of our company and redefine the guest experience.

Be Part of a Great Team

Experience a company culture that values teamwork, communication, and respect. At MGM Resorts International, we believe that every team member plays a crucial role in our success, and we are committed to fostering an inclusive workplace where everyone can thrive.

Future-Proof Your Career

With MGM Resorts International, the sky is the limit when it comes to your career potential. Take advantage of our extensive training and development programs, benefit from mentorship and networking opportunities, and build a resume that stands out in the competitive hospitality industry.

Explore Job Opportunities

Discover the exciting employment opportunities at MGM Resorts International. From front-line positions to executive roles, we offer a range of career paths that cater to a variety of interests and expertise.

Stay Connected

Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

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Learn more about MGM Resorts International
Size
42,000 employees
Market Cap
$12.9 billion
Industry
Net Income
-$1 billion
Founded
2000
5 Year Trend
+0.4%
Revenue
$5.1 billion
NASDAQ

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