ULTA Salon, Cosmetics & Fragrance, Inc

Sr Merchant

Retail & Consumer Goods
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of retail experience with increasing scope and responsibility
  • Minimum 2 years as a Merchant/Buyer
  • Proven experience in leading a high-performance team
  • Strong background in negotiating and establishing brand partnerships
  • Deep understanding of category trends and consumer behavior
  • Experience with P&L management and financial decision-making
  • Exceptional communication and organizational skills

Responsibilities

  • Develop and implement strategic merchandising initiatives for key categories and brands
  • Establish partnerships and lead negotiations with brand partners
  • Curate an innovative omni-channel assortment with a focus on quality and differentiation
  • Stay ahead of market trends and consumer insights to inform strategy
  • Manage financial strategies for categories and brands to optimize profitability
  • Drive a seamless omni-channel experience engaging customers at all touchpoints
  • Foster a results-oriented team culture aligned with company values

Benefits

  • Paid time off
  • Medical, dental, and vision insurance
  • Life and disability benefits
  • Bonus plan eligibility
Full Job Description
THE IMPACT YOU CAN HAVE:

As a Senior Buyer, your expertise, vision and strategic mindset will enable you to bring omni merchandising strategies to life by working across all facets of the business. You'll lead the merchandising team to meet the objectives of the enterprise through innovative and profitable assortments, P&L management, brand relationships, negotiations and cross-functional best practices. Leveraging your advocacy and influential skills, you'll partner to directly impact sales, margin and inventory turn results of Ulta Beauty.

YOU'LL ACCOMPLISH THESE GOALS BY:
  • Develop and implement merchandising strategies of category and/or portfolio of brands that achieve the financial and strategic objectives of the category and enterprise (sales, margin, turn)
  • Establish credible partnerships with brands and lead strategy with relationship through terms negotiations, exclusivity, assortment, and marketing activations.
  • Develop and grow brands to be financially profitable while identifying and exiting under-performing brands
  • Curate an innovative and productive omni-channel assortment through quality decisions that strategically expand our core business, amplify newness and create differentiation.
  • Be ahead of the curve on trends, consumer behavior and competitive activity
  • Manage the category's and/or portfolio of brands financial and profitability strategy, making financially sound business decisions through close connection with MP&I and FP&A
  • Drive a seamless omni-channel experience, bringing vision to life and engaging with our guest at all Ulta Beauty touchpoints through close partner with marketing and operations
  • Lead decision maker on all thing's strategy, assortment, brand partners, education, eventing, and marketing priorities for the pod
  • Foster a team culture that is results-oriented and exemplifies a team mentality that aligns to Ulta Beauty's Values, Mission, and Vision
  • Take a lead role in category, functional or enterprise initiatives that improve Ulta Beauty's competitive edge internally and externally
  • Acts as a leader across the greater merchandising department, providing direction, mentorship, transparent coaching, and feedback to enable high performance
THE ESSENTIALS FOR SUCCESS:
  • Seasoned merchandising expertise with 8+ years of professional retail experience with increasing scope and responsibility with a minimum of 2+ years of experience as a Merchant/Buyer
  • 2+ years of demonstrated experience leading a team in a high-performance culture
  • Demonstrated experience in establishing credible brand partnerships and overseeing large, complex negotiations
  • Ability to set competitive and breakthrough merchandising strategies and demonstrated experience leading through execution
  • Deep knowledge of category, product, trend, and guest buying behaviors
  • Experience managing a large budget/P&L, interpreting, and applying understanding of key financial indicators to make better business decisions
  • Ability to make sense of complex, high quantity, and sometimes contradictory information to effectively solve problems
  • Displays organizational savviness and executive presence while anticipating and balancing the needs of multiple stakeholders
  • Exceptional and effective communication skills
  • Effective planning and prioritizing skills and ability to stay organized in a fast-moving business
  • Strong bottom-line orientation and pushes self and others to achieve results
  • Value creation mindset, thinks like a business owner
  • Models and encourages the expression of diverse ideas and opinions

The pay range for this position is $122,900.00 - $155,000.00 / 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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