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Associate Buyer - Party

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Five Below

22d ago

  • Job
    Full-time
    Junior Level
  • Sales & Business Development
  • Philadelphia
  • Quick Apply

AI generated summary

  • You need 1-2 years of buying experience, a Bachelor’s degree, an eye for trends, product knowledge, negotiation skills, strong communication, and local availability.
  • You will be responsible for executing assortment plans, developing trend-right products, managing orders, cultivating market relationships, and fostering communication and leadership within the merchandising team.

Requirements

  • A minimum 1-2 years as an associate buyer
  • Bachelor’s degree required
  • Must possess a demonstrable knowledge of evolving trends
  • Must have knowledge of product development, planning, distribution, domestic and overseas manufacturing
  • Must have negotiation skills
  • Must have strong written, verbal and computer skills
  • Must be Local/Philadelphia based

Responsibilities

  • Assortment Execution:
  • Maintain an assortment of a specific area to deliver merchandise with great value
  • Work with Buyer to continually create newness to add freshness to the assortment
  • Suggest category extensions/web growth initiatives to further category growth
  • Ensure successful styleout and walkthrus through detailed preparation
  • Product Development:
  • Aid in the development and assortment of specific areas and product lines to deliver trend-right merchandise
  • Work with Buyer to select and deliver the trendiest product while achieving financial goals and staying within company price points
  • Planning:
  • Solid planning skills with ladders and open-to-buy experience; run, maintain and project ladders
  • Analyze the business and react with timely orders, reorders and cancellations
  • Constantly seek out new opportunities to be profitable and nimble
  • Manage open orders report
  • Market Skills and Awareness:
  • Represent Five Below with integrity and authority
  • Build a relationship with the market that results in a differentiated product mix
  • Exhibit market awareness through knowledge of relevant trends, competitors and current reference points
  • Develop relationships with existing vendors and have the ability to seek out/onboard new vendors to capitalize on the hottest trends and deliver the most exciting new merchandise
  • Work with Buyer to negotiate favorable costs, terms and conditions with all vendors
  • Communication and Leadership:
  • Foster an environment of continual training and development
  • Work with other members of the merchandising team on product development, implementation, delivery and store placement
  • Be a clear communicator with the ability to present and support a point of view
  • Be a team player with the ability to train and motivate employees and peers
  • Be an active listener and a healthy competitor

FAQs

What is the primary purpose of a Five Below Associate Buyer - Party?

The primary purpose of an Associate Buyer - Party at Five Below is to support the buying team in the selection and procurement of party-related merchandise for the company.

What are some of the key responsibilities of an Associate Buyer - Party at Five Below?

Some key responsibilities of an Associate Buyer - Party include assisting in the selection of merchandise, analyzing sales trends, negotiating costs with vendors, and collaborating with the merchandising team to ensure proper inventory levels.

What qualities or traits are important for someone in this role at Five Below?

Some important qualities for an Associate Buyer - Party at Five Below include strong analytical and communication skills, attention to detail, the ability to work in a fast-paced environment, and a passion for party-related merchandise.

What is the work culture like at Five Below for an Associate Buyer - Party?

The work culture at Five Below is centered around embracing the company's purpose of Let Go & Have Fun, as well as the values and behaviors outlined in The Five Below Way. Associates are encouraged to bring big ideas, energy, and passion to the workplace.

Five Below is a store with unlimited possibilities where tweens, teens and beyond are free to Let Go & Have Fun!

Retail & Consumer Goods
Industry
10,001+
Employees
2002
Founded Year

Mission & Purpose

At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 20,000 associates who work at Five Below and they’ll tell you there’s no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in. So if your heart is beating a little quicker and your smile is getting bigger now that you know what we’re all about, let’s just say your search for a one-of-a-kind experience that’s much more than a j-o-b just might be officially ending HERE. It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!