Merchant

About the position Discover greater levels of performance. With over 1,300 stores throughout the U.S. and an innovative omni-channel ecosystem, Ulta Beauty is revolutionizing the beauty retail experience. Ulta Beauty is expanding its digital capabilities, opening new stores on a continual basis and re-designing existing locations with the latest design and technological advancements for heightened guest experiences. We’re not just growing, we’re thriving through consistent innovation and a bold commitment to re-imagination. If you want the opportunity to build something strategic, to take ownership of your career trajectory, to apply your passion to operational excellence, Ulta Beauty provides the kind of stability and support few organizations can match. So be curious. Be flexible. Be more than you thought possible. The future is yours at Ulta Beauty. As a Merchant, you’ll partner with the Senior Merchant/DMM to develop and implement omni merchandising strategies across the business. You will be responsible for developing innovative and profitable assortments, managing a P&L, maintaining brand relationships and partnering cross-functionally to drive a seamless omni-channel experience for our guests. This role manages Merchandise Coordinators and/or Assistant Merchants based upon the brand portfolio.

Responsibilities

• Develop and implement merchandising strategies in partnership with leadership to achieve the financial and strategic objectives of the category and enterprise (sales, margin, turn)
• Lead and maintain relationships with brands through terms negotiations, exclusivity, assortments, and marketing activations. Establish a strategy for enhancing profitability and phasing out underperforming brands
• Create a high-quality, innovative and competitive omni-channel assortment by strategically expanding our core business, boosting newness, and creating differentiation.
• Stay on top of trends, consumer behavior, and competitive activity
• Ensure financial stability and profitability for the brand portfolio, working closely with MP&I and FP&A to make sound business decisions
• Successfully partner with marketing and operations to deliver a seamless omnichannel experience, bringing our vision to life and engaging our guests
• Provide management direction to assistant merchants and coordinators. Assist in identifying priorities, support through execution, and remove obstacles
• Foster a team culture that is results-oriented and aligned with Ulta Beauty's values, mission, and vision

Requirements

• Bachelor's degree preferred, or relevant work experience
• 6+ years of professional, relevant experience with deep category, product, trends and guest knowledge
• Management experience preferred, not required
• Strategic mindset: ability to set competitive and breakthrough department, brand, event and go-to-market strategies
• Financial acumen: understanding of a brand and company P&L and the drivers of profitability
• Brand relationship management: creating and sustaining strong business partnerships that maximize the value of the brand and Ulta Beauty. This includes the skill of negotiation
• Influence and communications; grounded in analytical rigor, expertise, and a set of soft skills that inspire alignment
• Strong financial and analytical aptitude, ability to analyze the businesses’ opportunities and risks, and develop solutions
• Analysis and problem solving: applying logical thinking, data analysis, and creativity to solve problems effectively and efficiently
• Develops talent and instill accountability: coaches in the moment, provides regular performance and developmental feedback
• Strong collaborator with internal partners, understands that success is done by a team of people
• Ability to plan and prioritize effectively and stay organized in a fast-moving business
• Value creation mindset; robust understanding of the current internal / external competitive landscape and the levers used to drive profitable business decisions for Ulta
• Strong passion for products and brand value
• Sees the possibilities and moves self and team into the future with clear intentions and purposeful actions

Benefits

• Full-time positions are eligible for paid time off, health, dental, vision, life and disability benefits.
• Part-time positions are eligible for dental, vision, life, and disability benefits.

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