Buyer

Buyer

The Buyer is responsible for managing the day-to-day buying and product selection for assigned categories. This role ensures that merchandise aligns with category goals, supports business growth, and meets customer expectations. The Buyer works closely with vendors, planning, allocation, and marketing teams to drive performance and profitability.

Key Responsibilities:

• Category Strategy:
  • Develop and own the overall category strategy for your assigned pod.
  • Contribute to the team's overall category strategy by providing data and insights on market performance.
  • Assist with performance analysis and competitive shopping to help inform strategic decisions.
  • Support the execution of the brand strategy as directed by category leaders.
  • Assist in the vendor strategy by providing support for partner negotiations and communications.
  • Negotiate prices and terms with national brand suppliers to secure the best value for the company.
  • Partner with sourcing team to ensure IMU goals are communicated and met.
• Assortment/Product Strategy:
  • Responsible for item selection and coordinate with the team on space and merchandise presentation.
  • Develop pricing and promotional strategy to support assortment architecture.
  • Optimize space & merch presentation to ensure products are showcased effectively.
  • Partner with sourcing team to ensure IMU goals are communicated and met.
• Price Management:
  • Oversee and track cost changes and retail changes as directed by the Senior Buyer.
  • Ensure all price updates are accurately reflected across all channels and systems.
  • Partner with pricing team to ensure retails are competitive in the market.
• Financial Plans:
  • Accountable for delivering on financial goals.
  • Monitor and communicate results against financial plans based on performance and market trends.
  • Partner with Planning teams to establish financial plans to deliver on sales and GM.
  • Partner with Inventory Management to optimize inventory.
• Team Management:
  • Oversee small team of independent contributors, contributing to their growth and development.
  • Lead and collaborate with cross-functional teams to deliver on business results.

Qualifications:

• 6+ years of merchandising experience, exhibiting progressively responsible assignments.
• Proven experience as a Retail Buyer or similar role in the retail industry.
• Able to successfully lead a category team and drive desired business results.
• Advanced strategic and analytical skills to grow a business.
• Advanced collaboration skills to partner with cross-functional teams.
• Advanced negotiation and communication skills.
• Flexible, resilient, and able to thrive in a fast-paced, deadline-driven environment.
• Strong organizational and time management skills, with the ability to handle multiple priorities and meet deadlines in a fast-paced environment.
• Strong experience in supplier and price management.

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration. As the leading destination for creating and celebrating in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit www.michaels.com.

At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit www.michaels.com.

Michaels is an Equal Opportunity Employer. We are here for all Team Members and all customers to create, innovate and be better together.

Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).