Buyer - Jewelry and Accessories at Target

Minneapolis, Minnesota, United States

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$71,000 – $128,000Compensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

RetailIndustries

Requirements

Four-year degree or equivalent experience
1+ years of Merchandising experience
Strong strategic and analytical skills to grow a business
Strong collaboration skills to partner with Cross Functional Teams
Flexibility, resilient and comfortable working in “grey areas” that are constantly changing

Responsibilities

Work with diverse vendors to choose the best product mix for in-store and online
Determine localization, calibrate market positioning, and act as brand managers
Create omni-channel growth by planning profitable and locally relevant assortments using guest shopping behavior, assortment requirements, and competitors
Influence and negotiate with vendors to achieve results and identify gaps and opportunities
Translate financial metrics and data into actionable strategies
Lead cross-functional teams to drive category results while managing progress toward sales and margin goals
Partner with product designers, category managers, and vendors to guide product development and source appropriately for the category
Interact with Associate Buyers, Senior Merchandise Specialists, Pricing and Promotion Center of Excellence, Planning, Site Merchandising, Item Center of Excellence, and other partners to support promotional planning across channels

Skills

vendor management

product assortment planning

negotiation

market analysis

financial metrics

data analysis

cross-functional collaboration

brand management

omnichannel strategy

competitor analysis

Target

Retailer offering diverse consumer goods

About Target

Target Corporation is a retail company that offers a wide range of products, including clothing, electronics, home goods, and groceries, through nearly 2,000 stores and an online platform. Its "Design For All" philosophy allows it to provide high-quality, affordable products that cater to diverse customer needs. Target differentiates itself from competitors with its owned brands and the Target Circle loyalty program, which enhances customer engagement. The company's goal is to support sustainability and community initiatives by giving back 5% of its profits to local communities.

Minneapolis, MinnesotaHeadquarters

2005Year Founded

N/ACompany Stage

Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Sick Leave

Paid Holidays

Paid Vacation

401(k) Retirement Plan

Employee Discounts

Risks

Increased competition from online-only retailers like Amazon threatens Target's market share.

Rising labor costs due to new minimum wage laws could impact profit margins.

Supply chain vulnerabilities from geopolitical tensions may affect inventory and pricing strategies.

Differentiation

Target's 'Design For All' philosophy offers unique, high-quality products at affordable prices.

The Target Circle loyalty program enhances customer engagement and shopping experience.

Target's commitment to sustainability and community support sets it apart from competitors.

Upsides

Experiential retail and 'retailtainment' strategies can boost customer engagement and foot traffic.

Augmented reality integration offers immersive shopping experiences showcasing Target's unique designs.

Omnichannel retail strategies enhance customer experience by integrating online and offline shopping.

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