At Macy's, Inc. we're on a mission to create a brighter future with bold representation for all. This is our Mission Every One. We know that each person here is unique. So we respect and invest in each individual to create growth, pride, and satisfaction. If we are able to bring our whole selves to work, it translates into a more abundant and wider array of ideas and energy for all to benefit from. Our success will be built on amazing colleagues, working together.
Job Overview
The Assistant, Assortment Analyst supports the Assortment team in achieving sales, margin, turn, and growth objectives through assortment optimization. Strong business acumen and an understanding of Merchandising are essential for this role. Collaboration and support for the Assortment team are fundamental requirements to achieve results.
What You Will Do
Contribute to the development of assortment plans aligning with overall business and promotional strategies.
Collaborate with Merchants to ensure channel plans align with top-line strategic and financial objectives.
Support the Assortment team in developing plans that cater to channel needs and capitalize on opportunities.
Analyze in-season product performance, focusing on channel demand, class/category performance, style performance, and major marketing performance.
Assess assortment effectiveness by channel and respond to business opportunities accordingly.
Monitor vendor performance and provide recommendations to the Director of Assortment to maximize profitability.
Set allocation parameters, including minimum and maximum values, and efficiently run allocations in the system (A3).
Create comprehensive recaps for the Director of Assortment Planning, offering strategic insights derived from the analysis.
Conduct thorough analyses of reports to gain insights into in-season product performance, with a specific focus on channel demand, vendor performance, class/category performance, style performance, and location group performance (Region/Tier/Climate).
Demonstrate a keen ability to react promptly to in-season sales trends, effectively communicating findings and taking appropriate actions in allocations.
Execute reorders as dictated by business needs, ensuring timely and accurate responses to changing demand patterns.
Skills You Will Need
Strong Business Acumen: Ability to understand business objectives and how assortment optimization contributes to sales, margin, turn, and growth.
Merchandising Knowledge: Understanding of merchandising principles and practices.
Collaboration: Capacity to collaborate effectively with Merchants and other team members to align assortment plans with overall business strategies.
Analytical Skills: Proficiency in analyzing in-season product performance and assessing assortment effectiveness by channel.
Financial Understanding: Basic understanding of financial performance metrics related to assortment planning.
Proactive Approach: Self-starter mentality, capable of driving forward work independently and identifying opportunities for business growth.
Proficiency in MS Office Suite: Ability to use tools like Excel, Word, and PowerPoint for data analysis and communication.
Who You Are
Dedicated to fulfilling ideals of diversity, inclusion, and respect that Macy’s aspires to achieve every day in every way.
Candidates with a Bachelor’s degree or equivalent work experience in a related field are encouraged to apply. 1-2 years of experience in retail or ecommerce buying or planning.
Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel. Occasionally required to move about the workplace and reach with hands and arms. Requires close vision.
Able to work a flexible schedule based on department and company needs.
What We Can Offer You
An inclusive, challenging, and refreshingly fun work environment
Competitive pay and benefits rooted in principles of equity
Performance incentives and annual merit review
Merchandise discounts
Health and Wellness Benefits across medical, dental, vision, and additional insurance
Retirement Savings Plan with 401k match opportunity
Employee Assistance Program (mental health counseling and legal/financial advice)
Resources for continuous learning, career growth, and leadership development
8 paid holidays
Paid Time Off (first year prorated depending on start date)
Tuition reimbursement program
Guild education benefit funds 100% of tuition, books, and fees in designated programs
Colleague Resource Groups (CRGs) and give-back/volunteer opportunities
Empowerment and autonomy to perform impactful work with tangible results
About Macy’s
Now is an exciting time for a Macy's career as we continue to focus on creating exciting and memorable experiences for every Macy's customer, whether their journey starts online or in the store. Our opportunities in Sales, Merchandise, Operations, Customer Service, Warehouse, Marketing, and other areas let you express your creativity and commitment to excellence, grow your career and make a difference to your Macy's colleagues and customers.
Bring your creativity, energy, and ideas to the Macy's team – Apply Today!
MERCH00
Same Posting Description for Internal and External Candida
Seniority Level
Entry level
Industry
Retail Apparel and Fashion
Employment Type
Full-time
Job Functions
Analyst
Skills
Assortment Planning
Assortment Optimization
Performance Metrics
Financial Performance
Allocations
Data Analytics
Communication
Analytical Skills
Data Analysis
Seniority level
Entry level
Employment type
Full-time
Job function
Accounting/Auditing, Analyst, and Strategy/Planning
Industries
Retail Apparel and Fashion
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