Merchandise Manager / Analyst - Barnes & Noble Education, Inc.
PHILADELPHIA, PA 19104
About the Job
Barnes & Noble College is a retail partner for nearly 800 colleges and universities nationwide. We offer a retail environment like no other – uniquely focused on delivering essential educational content, tools, and merchandise within a dynamic retail environment on campuses of higher education. Our teams interact directly with our customers including students, faculty, administration, alumni, and the general public to provide outstanding customer service to sell or rent books, general merchandise, and an array of products and services for an academic community.
Overview:We are seeking a Retail Merchandise Manager/Analyst to join the team at our Barnes & Noble College retail store located at the University of Pennsylvania. This crucial role is central to implementing our retail strategy at the Penn Campus Store, serving as a vital link between our company and the university community. Responsibilities include developing merchandise strategies, creating assortment plans, and deploying tactical plans that align with our objectives. This position is key to surpassing financial targets through strategic product placement, impactful signage, and timely product deliveries. As a Merchandise Manager/Analyst, you will also support projects essential to the success of our merchandising strategies, maintaining high standards that meet client and consumer expectations and shaping the shopping experience at a vibrant university campus store.
Responsibilities:- Merchandising and Buying:
- Responsible for the analysis of the Penn emblematic business, ensuring optimized product flow, placement, and sell through
- Develop an assortment plan in partnership with buying and planning teams. Optimize space allocation and merchandising of the Penn bookstore.
- Strategic Partner Collaboration:
- Collaborate with strategic partners on UPenn event strategies, product lines, product flow, vendors and markdown strategies.
- Coordinate with strategic partners to bring visions to life in stores and ensure success.
- Operational and Inventory Management:
- Manage an “open to buy” budget, both singularly and in collaboration with strategic partners, tracking and planning the purchase of inventory within financial limits.
- Partner with other functions to manage inventory effectively.
- Support Vendor Installation Projects to ensure functionality and marketing collateral correctly supports the product to drive sales.
- Sales Analysis and Strategy:
- Tracks and reviews sales to provide analysis for increased sales opportunities, improve margins, manage inventories, and decrease markdowns.
- Work with the Planning team on product sales analysis to understand performance and suggest adjustments to positioning and marketing strategies.
- Project Coordination and Communication:
- Assist in managing and setting up processes for Retail Initiatives specifically for the Penn Campus Store.
- Work closely under the supervision of senior staff with BNC’s Merchandise, Design & Construction, Store Operations, and Marketing teams.
- Assist in coordinating timelines and resolving issues across various functional groups for each project, including Construction, Marketing, and Merchandising.
- Advertising and Merchandise Presentation:
- May participate in plans for ad campaigns and merchandise presentations, ensuring alignment with overall marketing and retail strategies.
- Team Collaboration and Independence:
- Works independently and handles complex issues while ensuring effective collaboration and communication across teams.
- Store Operations Excellence:
- Support store operations and departments in partnership with the management team.
- Maintain a working knowledge of all departments in the store to provide daily support, direction, and guidance to customers and team members to ensure compliance with all standards of operation.
- Maintain a sales floor with visual excellence representing the University of Pennsylvania and the BNC standards provided.
Physical Demands:
- Frequent movement within the store to access various departments, areas, and/or products.
- Ability to remain in a stationary position for extended periods.
- Frequent lifting.
- Occasional reaching, stooping, kneeling, crouching, and climbing ladders.
- At least 4+ years of experience in buying and merchandising in a fast-paced retail environment.
- Bachelor's degree in business administration, Marketing, Merchandising, or a related field is preferred, but not required.
- Demonstrated ability to drive results and maintain operational excellence in complex business settings.
- Strong critical thinking skills and a high level of initiative with a passion for process improvement.
- Comprehensive knowledge of retail math and strong analytical abilities.
- Proven negotiation skills with external vendors, including managing costs, markdowns, return to vendor (RTV), and rebate agreements.
- Excellent team player with clear communication skills, strong relationship-building capabilities, and leadership qualities.
- Proficient in Microsoft Office software, including intermediate to advanced Excel, Word, and PowerPoint; capable of quickly learning and applying new company systems and tools.
- Flexibility to work evenings, weekends, and holidays as needed.
COVID-19 Considerations:
Our stores comply with all applicable federal, state and local requirements and/or recommendations regarding social distancing and sanitizing. In accordance with individual campus requirements, positions may require confirmation of vaccination. The use of face masks throughout the day and while on campus may also be expected or required.
EEO Statement:Barnes & Noble College is an Equal Employment Opportunity and Affirmative Action Employer committed to diversity in the workplace. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.
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