Associate Buyer, Licensed Apparel
Petersburg, USA
Job description
Overview
This hybrid position will be located at our Corporate Office in New York, NY. Expectations for hybrid in-office schedule is three days a week, typically Tuesday, Wednesday, and Thursday.
Foot Locker, Inc. is hiring an Associate Buyer, Licensed Apparel! The Associate Buyer will be responsible for assisting the Licensed Buyer with the overall merchandising direction of this department with the goal of meeting, and when possible, exceeding sales and margin targets. The ability to provide trend-setting insights by incorporating competitive intelligence, consumer patterns, and business analysis is necessary for success in this role. This position will assist the Buyer with purchases and the negotiation of licensed merchandise with vendors. The Associate Buyer will also partner with Merchandise Planners to develop strategies to maximize business opportunities. You will also work closely with the planning, merchandising, marketing, and store optimization teams while focusing on our target demographic to provide compelling assortments.
Responsibilities
· Analyze market trends to establish a pattern of projected sales.
· Stay abreast of real-time changes with team/leagues/players and make recommendations to the Buyer as necessary
· Work with Merchandisers to review and analyze reports for opportunities and liabilities.
· Work with the Buyer to plan product lines, and review sales and reports to help build a product assortment for a given season.
· Attend product meetings and keep up to date on current and future trends.
· Assist Buyer with preparing financial data for budget and sales meetings.
· Work closely with the Buyer and Planner to ensure that buys are analyzed for maximum results.
· Manage multiple tasks and meet deadlines while remaining flexible to change priorities.
· Effectively assist Buyer with negotiating the best terms to maximize sales and profits.
· Assist Buyer with developing product selection to maximize sales, profit, and gross margin.
· Tracking product delivery dates from Vendors and communicating status updates on high-priority shipments.
Qualifications
· Bachelor’s degree preferred in an applicable field.
· A minimum of 2 years’ experience in retail and/or e-commerce merchandising is required.
· Prior experience with licensed apparel buying preferred
· Proficiency in software applications: Excel, Access, Word and PowerPoint
· Knowledge of Power BI or similar systems preferred.
· Knowledge of Oracle PeopleSoft or similar assortment tools preferred.
· Demonstrates understanding of our product, customer, and fashion trends.
· Ability to communicate clearly with Buyer, peers, and cross-functional teams.
· Strong financial acumen and naturally analytical.
· Ability to be detailed and organized while prioritizing tight deadlines.
· Creative and strategic thinker.
· 10% travel expectations
At Foot Locker, we value innovation, authenticity, and integrity in all that we do. To uphold the security and fairness of our hiring process, we ask that candidates refrain from using AI tools, including ChatGPT, during interviews and assessments. To ensure a smooth and secure experience, please review the following guidelines:
· Cameras must be on for all virtual interviews.
· AI tools are strictly prohibited during interviews or assessments.
We appreciate your understanding and cooperation as we work together to create a transparent and equitable hiring experience.
Benefits
· Employee Discount
· Paid Time Off
· Medical | Dental | Vision Coverage
· 401(k) | Roth 401(k)
· Life Insurance
· Flexible Spending Account
· Opportunities for Advancement
· Tuition Reimbursement for Qualified Courses
· Strong Company Culture
· Employee Resource Groups