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Associate Buyer at Rainbow USA

Location: Brooklyn, NY, US

On the Web: www.rainbowshops.com

Description

Rainbow USA is recognized as one of the fastest growing junior, kids, plus, and petite, specialty apparel retail chains and has grown to over 1,000 retail stores! We have multiple retail lines that pride themselves on their impeccable customer service, strong customer loyalty, and fashion forward apparel. Rainbow USA is a progressive and rapidly growing retail organization that consistently thrives to open 60 retail store locations each year. Since 1935 we have been privately held and debt free.

We are seeking friendly, high energy, career orientated individuals to join our growing team.

The Associate Buyer (Kids) will partner with the General Merchandise Manager to develop and execute a strategy for assortment, vendor management, pricing and marketing for the buyer’s specific category of business to maximize sales and profitability. The Associate Buyer will also take ownership of a portion of the GMM’s overall seasonal business and manages the processes to achieve sales, margin, inventory flow and sell down plan objectives for their area of responsibility. The Associate Buyer will manage the conversion of his/her product line to a new season.

RESPONSIBILITIES:
Departmental Responsibilities:
• Ability to satisfactorily perform all duties of an Assistant Buyer.
• Identify trends within department to help reach and exceed sales and margin plan.
• Assist GMM to identify merchandise assortments that best match customers' needs in marketplace.
• Understand the target customer and uses knowledge to contribute to style selection.
• Regularly identify and shop competition and Rainbow / Rainbow Kids and utilize knowledge to enhance department selection.
• Encourage open communication with GMM and promote team spirit and work collaboratively to achieve departmental goals

Line Responsibilities:
• Financial analysis of their specific business line for all stores.
• Complete accurate forecasts evaluating financial components based on current trend, and knowledge of future events which will impact the business.
• Develop and execute seasonal plans by vendor for their area of responsibility to maximize profit.
• Execute the marketing plan and evaluate advertising performance to identify new opportunities.
• Develop assortment plans which support the departmental goals and key item focus.
• Select and purchase assortments for their area of responsibility.
• Set promotional and pricing strategy to achieve sales plan within a season.
• Travel frequently to the market to source new merchandise categories, trends and products.
• Build and maintain a strong relationship with vendors.
• Negotiate with vendors on pricing, timing, exclusivity, and incentives, new items, and terms


SKILLS/QUALIFICATIONS:
• Candidates must have 2-5 years buying experience at Associate or Buyers Level.
• Preferably in Kids, Children’s, or Juniors background
• Preferably a 4-year degree, in one of the following areas:
• Fashion Merchandising
• Business Administration
• Business
• Marketing

Candidates for this position will have initiated action with proven results, be multi-task oriented and detail conscious. The right individual will possess initiative, a keen fashion sense, a positive attitude, and strong communication skills. This position also requires the following:

• Strong analytical skills and attention to detail.
• Ability to prioritize.
• Proficient in MS Word & Excel.
• Strong sense of style

This list of position responsibilities herein is not intended to be all-inclusive and may include additional responsibilities as required and assigned. It may become necessary to modify/change these position responsibilities from time to time.

Benefits: Medical, Dental, Vision, 401K, Vacation, Discount, Free Parking, Full In-house Gym, and the most important benefit in this economy Stability.

If you are interested in the opportunity please forward an updated professional resume with salary history to: abockerstette@rainbow-mail.com

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