City : TORONTO, Ontario

Category : Full-Time

Industry : Merchandising

Employer : The Bay

About The Bay:

As North America’s oldest startup and Canada’s purpose-driven digital marketplace, The Bay is on a high-growth mission to rewrite the rules of retail to help Canadians live a colourful life. If you believe in the power of our iconic brand and thrive on problem solving at scale, we want you to join our team.

At The Bay, smart, high-performing team members will challenge you to learn and grow every day. We value ambitious work and great ideas grounded in data and insights. We are looking for talented people who love a fast-paced environment, embrace change and are looking to make an impact with groundbreaking ideas.

We are building a digital-first company and brand for a diverse world and we need a diverse team to reach our potential. We strongly encourage applications from everyone to come and join a winning team that supports diverse thinking and demonstrates innovation, energy, creativity and vision every day.

Day in the Life:

The Buyer is responsible for developing and executing merchandise strategies to deliver sales and gross margin goals through focused merchandise assortments, marketing and pricing strategies, and merchandise management. This position ensures merchandise is purchased to maximize results while enhancing the overall department and company strategy. This position works closely with the management team and merchandise planning teams to significantly improve the profitability and maximize shareholder value.

What You Will Do:

• Execute vendor selection, develops strong vendor relationships, monitors industry trends, evaluates competition, and attend major markets
• Executes the merchandise strategy, completes top level seasonal buys to ensure optimal productivity by style, and reacts to trends in-season
• Understand nuances of the .com business and executes appropriate merchandising strategy for differing retail channels
• Partners with Planner to develop the assortment matrix
• Works with Planning team to analyze class, vendor and replenishment assortment both at the top line level and by door
• Manages on going OTB process forecasting sales, markdowns, profit and inventory to plan. Negotiates and partners with vendors to maintain gross margin profitability
• Manages the negotiation and collection of vendor allowance and advertising co-op
• Monitors inventory productivity
• Develops and executes aged inventory exit strategies
• Executes the monthly stock ledger review, and directs the purchase journal review process
• Plans and approves all advertising, promotional strategies and marketing. Monitors style advertising effectiveness
• Partners with and supports visual team in providing in-store signage and store presentation guidance

What You Will Need:

• BFA or BA in Fashion Merchandising, Business, or related field preferred
• Must have 4-6 years of experience in a buying capacity, overseeing both the creative and financial aspects of merchandising
• Strong communication and negotiation skills
• Strong business and financial analysis skills
• Proven ability to create and execute a sound business strategy.
• Ability to build / maintain strong Vendor partnerships.
• Willingness to travel, including overseas.
• Ability to take initiative in driving business results and are comfortable and confident in making effective decisions in a timely manner
• Ability to work in a collaborative environment and leveraging cross-functional partnerships
• Possess qualities to be a respected proven leader who enjoys team development, mentoring others and fostering opportunities for growth

 Your Life and Career at THE BAY: 

• Be part of a world-class team; work with an adventurous spirit; think and act like an owner- operator!
• Exposure to rewarding career advancement opportunities. 
• A culture that promotes wellness through a healthy, fulfilling work/life balance 
• Benefits package for all eligible full-time employees (including medical, vision and dental). 
• An amazing employee discount 

#LI-Hybrid

Thank you for your interest In The Bay. We look forward to reviewing your application.

The Bay provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, The Bay complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

The Bay welcomes all applicants for this position. Should you be individually selected to participate in an assessment or selection process, accommodations are available upon request in relation to the materials or processes to be used.