Associate-Buyer

Spencer Gifts LLC

NJ

JOB DETAILS
SKILLS
Accidental Death and Dismemberment (AD&D), Alliance/Partner Management, Business Growth, Communication Skills, Competitive Research, Cross-Functional, Customer Satisfaction, Financial Trend Analysis, Insurance, Inventory Management, Leadership, Market Trend Analysis, Merchandising, Organizational Development/Management, Performance Analysis, Presentation/Verbal Skills, Procurement Management, Product Lifecycle Management, Product Reviews, Product Testing, Profit & Loss, Promotional Programs, Promotional Strategy, Purchase Orders, Purchasing/Procurement, Revenue Growth, Sales, Sales Analysis, Sales Strategy, Strategic Planning, Team Player, Time Management, Trade Shows, Trend Analysis, Vendor/Supplier Relations, Willing to Travel, Writing Skills
LOCATION
NJ
POSTED
30+ days ago

Overview

We are authentic, professional providers of fun, focused on building a Great Place To Work For All by staying true to our mission: "Life's a Party, We're Makin' It Fun!" and "So Much Fun It's Scary!"

At Spencer's and Spirit, we do the right thing always-integrity, fairness, respect, and transparency are our foundation. You will find our culture to be inclusive, passionate, resilient, and one that values differences and embraces all.

One Team / One Goal

We are leaders and owners of our business success. Whether it's developing new and exclusive costumes, quality testing products, or implementing technology solutions, our teams understand the value of working collaboratively to embrace change through innovation, curiosity, and thoughtfulness.

We offer a comprehensive benefits package that includes:

  • Flexible work environment
  • Career advancement
  • Competitive base salary
  • Bonus opportunity
  • Vacation, Personal, Sick and Holiday pay
  • Medical, Dental, Vision, Disability, Life and AD&D insurance
  • 401k with a company match
  • 30% merchandise discount

Responsibilities

The Associate Buyer manages purchasing and inventory for specific departments, driving sales and profitability through collaboration with internal teams and external partners. They assist in curating assortments, ensuring timely deliveries, and analyzing sales performance. The role also involves identifying new products and trends through research and competitive shopping. Additionally, the Associate Buyer helps guide and train Assistant Buyers and Senior Assistant Buyers.

  • Responsible for building, creating & managing merchandise assortments that align with market and consumer trends, to be presented to the Buyer. Assortment creation includes selecting and developing merchandise by considering quality, sourcing, timing, delivery, mix, and price
  • Analyze weekly sales and item performance to find opportunities and strategies to drive sales and margin
  • Prepare merchandise and reports for weekly team meetings
  • Manage entire product lifecycle from creation, tracking of the purchase orders, samples, merchandising in store, to markdowns and discards
  • Responsible for making purchasing decisions independently that satisfy the customer demand and achieve sales, turn and margin plan
  • Travel to store locations to review product mix, gather feedback, and share information with the merchant team
  • Attend trade shows and travel to vendor locations to grow and maintain professional relationships with external partners, as well as gain insight on new trends and opportunities
  • Maintain and grow professional relationships with external suppliers and internal partners via telephone, email, and face-to-face meetings
  • Partner with leadership and planning counterparts to manage the OTB and to identify opportunities in style count, sales goals, and inventory flow
  • Manage markdowns and promotion strategies

Qualifications

  • Bachelor''s degree (B. A.) from four-year college or university; and 5+ years experience and/or training; or equivalent combination of education and experience
  • Proven ability to develop and implement strategies that drive business growth
  • Exceptional written and verbal communication abilities, facilitating clear and effective dialogue with stakeholders
  • Ability to work independently while also thriving in collaborative environments, taking initiative to drive projects forward
  • Strong aptitude for partnering with cross-functional teams to achieve shared goals and enhance organizational effectiveness
  • Skilled in developing, planning, presenting, and executing strategic initiatives that align with business objectives

The pay range reflects the potential base salary range for this role. Individual base pay is determined by various factors such as relevant experience and skills, and the scope and responsibilities of the position.

About the Company

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Spencer Gifts LLC

Spencer Gifts LLC, a lifestyle retail company operates two unique, national brands, Spencer's and Spirit Halloween throughout the United States, Canada and online.

Spencer's is the mall destination for entertainment, excitement and fun. For over 60 years we have been offering unique product for the lifestyle style of our core 18-24 year old guest, always inspired by humor and irreverence.

Originally a mail-order catalog in Easton, PA, Spencer's has been the leader in fun and novel products from the Whoopie Cushion to lava lights. In 1963 Spencer's expanded its reach and opened its first store in the Cherry Hill Mall in Cherry Hill, New Jersey where we continue to operate.

From the outset, Spencer's quickly became an oasis within the mall environment offering our guests an entertaining experience both through its merchandising and product mix. In 2003, under new management, Spencer's lifted the bar higher and set out to reinvent itself. Remaining true to its roots, the reinvention process remained focused on Spencer's strong history and commitment to irreverence, humor and fun. The result of this reinvention set Spencer's on the path to greatness in a subtle shift from Spencer Gifts to Spencer's.

Today, Spencer's operates over 600 stores throughout the United States, Canada and online and is proud to be one of the longest running shows in the mall. Strong operating disciplines combined with our unique merchandising formula underpins our continued growth. We are committed to, and focused on, our core mission "Life's a Party—We're Makin' it Fun!".

COMPANY SIZE
10,000 employees or more
INDUSTRY
Retail
FOUNDED
1947
WEBSITE
http://www.spencersonline.com/about-spencers/