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Buyer - Toys

Hudson by Avolta
17 hours ago
On-site
East Rutherford, NJ, United States
$82,500 - $100,000 USD yearly
Indeed

Opportunity, growth, and meaningful rewards! We offer: Health, dental and vision insurance Generous paid time off (vacation, flex or sick) Holiday pay 401(k) retirement plan Company paid life insurance Tuition reimbursement Employee discounts across all company brands Employee assistance program Training and exciting career growth opportunities Referral program – refer a friend and earn a bonus Benefits may vary by position so ask your recruiter for details. Advertised Compensation: $82,500.00 to $100,000.00 Purpose: The Buyer – Toys is responsible for sourcing, selecting, and purchasing toy merchandise for Duty Free and Duty Paid locations. This role develops assortments that align with company objectives, customer demographics, market trends, and location-specific opportunities, ensuring the right products are available to drive sales and maximize profitability. Essential Functions: Sources, develops, and curates toy brands, products, and assortments that align with company objectives, customer preferences, market trends, and location needs. Monitors toy industry trends, consumer preferences, emerging brands, licensed products, and competitor activity to proactively identify opportunities and assortment gaps. Develops assortments across relevant toy segments, including plush, collectibles, games, activities, licensed products, novelty, travel-friendly toys, and destination/local products, as appropriate for the business. Manages supplier and vendor relationships, negotiates pricing and terms, and works with partners to support optimal delivery schedules. Analyzes sales, margin, inventory, and product performance to make informed decisions on assortment mix and replenishment. Develops and maintains an understanding of the target customer, including traveling families and gift purchasers, adjusting assortments as customer needs and trends evolve. Identifies opportunities to tailor assortments based on airport, market, store format, available space, and customer profile. Addresses aged and slow-moving inventory and develops strategies for markdowns, promotions, vendor support, and inventory disposition. Executes SKU rationalization to maximize productivity and profitability based on available space and assortment strategy. Partners with Planning using OTB to manage inventory levels and support sales and financial targets. Develops exit strategies for non-go-forward items, including negotiating RTVs and implementing markdowns, promotions, and price changes. Partners cross-functionally to support new store openings, resets, seasonal programs, promotional events, and major commercial initiatives. Ensures toy assortments are commercially relevant while considering product quality, age appropriateness, packaging, and applicable product requirements. Reporting Relationship: The Buyer – Toys reports to the Category Director, Non-Luxury. Major Interdependencies: Global Category Team, Supply Chain, Master Data, Revenue Generation, Planning, Space Planning, Marketing, and Operations. Minimum Qualifications, Knowledge, Skills, and Work Environment Education and Experience: The combination of education and professional experience must exceed five years. In a technical role: Requires five years of retail experience engaged in delivering buying programs. A bachelor’s degree in a program related to the functional area may count for three years of the five-year requirement. In the industry: 3–5 years of retail experience. Experience in toys, gifts, specialty retail, licensed merchandise, or related categories is preferred. Specialized Training: Training that leads to an in-depth understanding of the buying and merchandising function. Specialized Skillset / Competencies / Traits: Strong knowledge of financial tools and category profitability, with the ability to use market research, consumer insights, and trend information to maximize performance. Strong product sense with the ability to identify emerging toy trend…

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