
1001 - 5000 employees
Founded 1924
🛒 Retail
👗 Fashion
🛍️ eCommerce
Retail • Fashion • eCommerce
Saks is a luxury retail company operating Saks Fifth Avenue, an iconic department store chain providing high-end fashion, beauty, and home decor products. They offer a wide range of designer clothing, accessories, shoes, and beauty products for men, women, and children both online and at physical locations. Saks frequently runs promotions and loyalty programs, such as gift card rewards on purchases and exclusive designer sales.
🔥 15 hours ago
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1001 - 5000 employees
Founded 1924
🛒 Retail
👗 Fashion
🛍️ eCommerce
Retail • Fashion • eCommerce
Saks is a luxury retail company operating Saks Fifth Avenue, an iconic department store chain providing high-end fashion, beauty, and home decor products. They offer a wide range of designer clothing, accessories, shoes, and beauty products for men, women, and children both online and at physical locations. Saks frequently runs promotions and loyalty programs, such as gift card rewards on purchases and exclusive designer sales.
• Support the Buying team with vendor selection and partnership development • Ensure assortments reflect company standards and customer needs • Conduct inventory productivity analysis, vendor profitability reviews, and pricing strategy analysis • Support sales growth and financial performance • Lead and mentor Assistant Buyers when needed • Lead market cycle, manage orders, and collaborate with Brand Partnerships and Buying Lead • Oversee checkbook management and support brand growth strategies • Analyze product selection, pricing, and vendor negotiations • Manage portfolio, in-season product, markdowns, and RTVs • Track receipts and ensure inventory targets are met • Develop assortment strategies aligned with financial goals and KPIs • Negotiate with partners and review financial plans • Manage OTB, markdown projections, and RTV negotiations • Build cross-functional relationships and manage vendor communication • Collaborate with marketing, Store Planning, and the Bangalore team • Mentor and guide participants in the ECDP program • Execute assorting strategies and financial planning • Develop promotions with sales support teams • Meet sales and profit goals and manage buying office operations
• Bachelor’s degree or equivalent retail experience • 3+ years of experience in a buying office with a strong understanding of buying operations and retail strategy • Self-starter with the ability to thrive in a fast-paced, evolving environment • Strong communicator with executive presence, able to lead meetings and build trust with stakeholders • Proven track record of consistently exceeding goals and driving positive outcomes in complex organizations • Excellent problem-solving skills with a creative approach to new challenges • Ability to apply retail math concepts, including markup, margin planning, OTB, WOS, T/O, and GMROI • Strong proficiency in MS Office, Google Sheets/Docs, and PowerPoint • Minimum 5 years of relevant experience • Strong leadership, management, and organizational skills • Strong interpersonal, customer focus, conflict management, and negotiation skills • Flexible, adaptable, and able to manage multiple priorities in a dynamic environment
• Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation • Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate • Comprehensive benefits package for all eligible full-time employees, including medical, vision and dental • Amazing employee discount • Medical insurance • Dental insurance • Vision insurance • 401(k) retirement plan • Basic life insurance • Supplemental life insurance • Disability insurance • Additional voluntary benefits, such as critical illness, hospital and accident insurance • Reasonable accommodations for applicants with disabilities
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