Associate Merchant at Dollar Tree

Chesapeake, Virginia, United States

Dollar Tree Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
RetailIndustries

Requirements

  • Bachelor’s Degree from a four-year college or university or equivalent experience/training preferred
  • 3 or more years of related experience as a Buyer or 5 or more years of combined buying, planning and allocation responsibilities
  • Proficient in the use of Microsoft Office and Windows-based programs as well as retail math
  • Strong merchandising, product, trend and analytical skills
  • Demonstrated leadership and decision making
  • Responsible for work-related travel (approximately 10-15% of the time)

Responsibilities

  • Collaborate with Buyers to develop merchandise assortment and business strategies that drive sales and profitability
  • Participate in forecasting and analysis of business results, identify key industry trends, plan product assortment and negotiate with vendors for a particular area of the business, key classification and/or department
  • Assume complete responsibility for a portion of the Buyer’s overall business and manage processes to achieve or exceed sales and profitability objectives
  • Provide support to Buyers in development and execution of plans and strategies for defined categories and/or departments
  • Embrace Family Dollar’s store-centric commitment to customers, customer service and sales
  • Develop competitive customer and market strategies involving targeted merchandise selection, proper assortment planning and accurate pricing plans for a specified area of the business
  • Execute sales, margin percent and dollar, and inventory plans; monitor and respond to issues and opportunities from deviations in plan variances, and share concerns with Buyers
  • Assist in analyzing class performance and planned class penetration using assortment planning tool and approved allocation strategies
  • Provide information to support micro-merchandising strategies and review with team
  • Execute and aid in the development of departmental strategies to achieve sales and profitability targets; assist in establishing replenishment strategies and identify items as replenishment candidates
  • Analyze sales trends, key items, vendor profitability, and aged inventory and make recommendations for improved performance
  • Design a promotional for a particular area of the business and monitor and manage performance
  • Obtain samples and provide direction during promo planning process; perform quality control to ensure correct information for ads and signage
  • Complete accurate forecasts and evaluate sales, markdowns and receipts
  • Analyze assigned category(s) regularly to identify opportunities, trends, and sales shortfalls; design specific, targeted action plans to enhance sales
  • Develop detailed seasonal plans to meet sales and profitability objectives; recommend visual presentation guidelines to support strategies in stores
  • Work with Planners and Pricing to manage the markdown process in accordance with Family Dollar policy
  • Maintain collaborative partnerships and relationships with all internal colleagues and departments
  • Manage vendor relationships to ensure merchandise availability in appropriate quantities to meet customer demands
  • Continuously build industry and product knowledge by reading monthly industry reports and enhancing systems knowledge
  • Shop local Family Dollar stores and comparative retail stores regularly to identify trends and opportunities, evaluate merchandise mix and competition, and translate findings into executable product plans
  • Other job-related duties as assigned

Skills

merchandise assortment
assortment planning
vendor negotiation
sales forecasting
profitability analysis
market trend analysis
inventory management
pricing strategy
promotional design
micro-merchandising
replenishment strategy

Dollar Tree

Value retailer offering low-cost everyday items

About Dollar Tree

Dollar Tree operates over 8,000 stores and 25 distribution centers, providing a variety of products such as party supplies, home décor, health and beauty items, seasonal goods, and food at low prices. The company sources its merchandise globally, allowing it to offer high-value items that appeal to customers looking for affordable everyday and holiday essentials. Unlike many retailers, Dollar Tree maintains a strict pricing model where most items are priced at one dollar, which helps attract a diverse customer base. The company's goal is to adapt to market changes while ensuring customer satisfaction through a dedicated workforce and creative strategies.

Chesapeake, VirginiaHeadquarters
1986Year Founded
IPOCompany Stage
Consumer GoodsIndustries
10,001+Employees

Risks

Increased competition from Dollarama could impact Dollar Tree's market share.
The multi-price strategy might alienate traditional Dollar Tree customers.
Economic pressures could reduce demand for non-essential product lines.

Differentiation

Dollar Tree offers a wide range of products at extreme value prices.
The company sources merchandise globally to provide high-value items at low costs.
Dollar Tree operates over 8,000 stores across the U.S. and Canada.

Upsides

Expansion of private label brands can increase profit margins and customer loyalty.
Enhancing e-commerce capabilities can capture a larger share of the online retail market.
Partnerships with local suppliers can reduce supply chain disruptions.

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