Sr Merchant

Ulta Beauty Inc
  • Bolingbrook, IL
    2 days ago

    Job Description

    OVERVIEW

    Discover greater levels of performance. With over 1,400 stores throughout the U.S. and an innovative omni-channel ecosystem, Ulta Beauty is revolutionizing the beauty retail experience. Ulta Beauty is expanding its digital capabilities, opening new stores on a continual basis and re-designing existing locations with the latest design and technological advancements for heightened guest experiences. We're not just growing, we're thriving through consistent innovation and a bold commitment to re-imagination. If you want the opportunity to build something strategic, to take ownership of your career trajectory, to apply your passion to operational excellence, Ulta Beauty provides the kind of stability and support few organizations can match. So be curious. Be flexible. Be more than you thought possible. The future is yours at Ulta Beauty.

    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

    At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest North American beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. We bring possibilities to life through the power of beauty each and every day in our stores and online with more than 25,000 products from approximately 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, brow, and make-up services.

    We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.

    Numbers & Facts

    LocationBolingbrook, IL

    Skills

    • Alliance/Partner Managementunmatched
    • Best Practicesunmatched
    • Brand Strategyunmatched
    • Budget Managementunmatched
    • Career Developmentunmatched
    • Coachingunmatched
    • Communication Skillsunmatched
    • Competitive Researchunmatched
    • Contract Negotiationunmatched
    • Cross-Functionalunmatched
    • Customer/Consumer Behaviorunmatched
    • Emerging Technologyunmatched
    • Enterprise Salesunmatched
    • Establish Prioritiesunmatched
    • Financial Planning and Analysis (FP&A)unmatched
    • Financial Strategyunmatched
    • Inventory Turnsunmatched
    • Leadershipunmatched
    • Market Trend Analysisunmatched
    • Marketingunmatched
    • Mentoringunmatched
    • Merchandisingunmatched
    • Negotiation Skillsunmatched
    • New Store Openingsunmatched
    • Organizational Skillsunmatched
    • Power Amplifierunmatched
    • Problem Solving Skillsunmatched
    • Profit & Lossunmatched
    • Profit & Loss Managementunmatched
    • Purchasing/Procurementunmatched
    • Retailunmatched
    • Salesunmatched
    • Salon Servicesunmatched
    • Skin Careunmatched
    • State Laws and Regulationsunmatched
    • Team Lead/Managerunmatched
    • Trend Analysisunmatched

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