Signet Jewelers Assistant Buyer - Merchandising - Zales Outlet in Irving, Texas
Who We Are
We are the world’s largest retailer of diamond jewelry and the world’s largest specialty jewelry retailer, with #1 market share in the U.S., UK and Canada. Signet operates approximately 3,200 stores globally, under the brand names Kay Jewelers, Zales , Jared, H.Samuel , Ernest Jones, Peoples Jewellers , Piercing Pagoda and JamesAllen.com.
All Are Welcome Here
Signet is a people company – this means that we put our customers and our employees at the center of everything we do. Our culture celebrates diversity and inclusion, while uniting around a common mission and distinct privilege of helping our customers Celebrate Life and Express Love®. We strive to make sure that our 35,000 employees have professional, personal and social development opportunities to unleash their full potential and have equal opportunity for advancement, regardless of their gender, race, sexuality or any other aspect of their background. At Signet, we nurture an inclusive environment where employees feel safe, supported and empowered at work each day. We do not and will not tolerate any behavior that undermines this effort.
Responsible for assisting the Merchant or the Associate Merchant with the alignment and implementation of merchandise strategies for one or more summaries in a Brand. Assist with product development, pricing, financial analysis, monitoring trends, and administrative support within a Brand to ensure the achievement of the Brand’s plan.
MAJOR RESPONSIBILITIES/ESSENTIAL FUNCTIONS:
Product Development and Pricing:
Assist with building the right assortment and with defining pricing, quality, and other key aspects
Gather and analyze market research and trend reports (from fashion publications, trade magazines, internet research, social networks, etc.) in order to compile and present findings once a season
Gather and analyze competitive shopping information to understand trends, pricing opportunities, marketing concepts, etc
Understand product cost components as provided by Sourcing in order to help develop a quality assortment that conveys value and stays within budgetary and pricing guidelines
Financial Analysis/Monitoring of Data Trends:
Assist with consumer and competitor research
Assist Merchant or Associate Merchant by reviewing metrics and evaluating productivity to help make assortment decisions
Review business reports on a regular basis to understand trends, determine if financial targets are being met, and recommend opportunities within each category
Understand results of new test product (SKU performance) throughout the year to quantify investment risk and expansion opportunity
Manage program sheet process in order to maintain records of products and monitor product performance
Assist with implementing item pricing strategies to maximize gross margins while still conveying value to the customer
Support Merchandising operations through various administrative tasks
Assist with developing planogram concepts by preparing store assortment set-ups in the mock store to prepare for visual enhancement and for photography
Coordinate marketing workflow process for Marketing and Visual, including samples, ad prep sheets, ad proofing, sign requests, etc
Communicate needs for expedited delivery based on advertising, floor sets, and in-stock issues to Sourcing
Provide updated advertising SKU information to Sourcing in order to prioritize delivery
Manage item maintenance
Develop and maintain necessary reports and files for efficient operation
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Keen analytical skills
Effective relationship building, communication (both verbal and written), and presentation skills
Strong time management, organizational, and multi-tasking skills
Ability to complete assignments in a fast-paced work environment
Ability to determine and set priorities
Proficient use of word processing, spreadsheet, presentation, and operating system software
Bachelor’s degree or applicable retail experience
· Retail or merchandising experience preferred
Benefits & Perks
Competitive healthcare, dental & vision insurance
401(k) matching after one year of employment
Generous PTO + company holidays
Paid subscription to PlateJoy
At Signet, we are a people Company. Our Mission "Celebrate Life, Express Love.®" and our Core Values guide how we treat customers and all Team Members.
We're ONE Company, proud of our rich heritage, international presence, marketing leadership through our successful retail brands, and well planned vision for continued growth and success.
Our shared commitment to continually improve and to work hard for our customers and one another creates opportunity for each of us.