Analyst, Margin Strategy
- Analyze key performance indicators of promotional offer strategies; Executes promotional event administration process to ensure that promotions are set up in a timely and accurate manner and that all internal controls related to promotion are being followed; Establish a Strategic Promotional Framework with Category Management to create promotional strategies by category.
- Leverage data analytics and tools to identify vendor funding variances, promotional optimization, assortment affinities, channel productivity, all-in margin, inventory improvements; Collaborate with our Category Management teams to understand internal customer shopping patterns, opportunities, and the implications for the different areas of our business; Support CRM Promotional strategies and integrate customer data, channels of business, and promotional results in new ways to deepen customer relationships and drive profitable retail business growth; Identify key insights from analyses, cutting through large amounts of data to quickly identify trends and implications on sourcing strategy & approach
- Translate insights into action, reporting on findings to category management and senior management. Use analytics to prepare for critical promotional management and support promotional funding negotiations; Identify promotional opportunities and gaps by understanding of the business and application of quantitative and qualitative industry, consumer, and syndicated insights
EDUCATION REQUIREMENTS
Education Level
Area of Specialization (Marketing, Finance, Pharmacy, Engineering/IT, etc)
Bachelor Degree
Ideally in from a merchandise / retailer background (e.g. vendor management, merchandise strategy, strategic consulting, etc.); or equivalent combination of education and experience
Required
KNOWLEDGE, SKILLS AND ABILITIES
Knowledge, Skills and Abilities
Required or Preferred
-Strong understanding of data and demonstrated success in driving processes
-Proven ability to manage large and complicated projects with specific experience leading cross-functional projects
-Experience creating and setting annual operating plans
-Highly polished communication skills - speaking, writing, presenting and negotiating
-Superior analytical and quantitative skills, comfortable with complex financial data
-Proficiency in analytics tools (Excel required, experience with Tableau/ Power BI, Alteryx, Matlab, Minitab)
-Strong financial knowledge & business acumen
-Highly polished communication skills (written and verbal) to translate insights into reports for leadership teams and supporting best in class negotiations
-Experience creating and setting annual operating plans
-Ability to operate simultaneously and effectively in both tactical and strategic modes
-Track record of results in setting strategy and running a large volume, high-profile business
-Ability to think and react in a high-energy, fast paced environment
-Strong problem-solving skills:
o Ability to take ambiguous problem and structure analytics to solve that problem
o Ability to overcome roadblocks proactively and independently in working complex data sets
o Ability to “cut through the noise” of large, complex, and sometimes imperfect data sets to focus on the analysis that matters
-Passion for using data to solve complex problems
-Strong interpersonal skills & ability to collaborate across teams
-Strong track record of recruiting, hiring and developing talent
-Ability to prioritize and multi-task with a “bias for action”
WORK EXPERIENCE
Experience
Areas of Experience (Pharmacy, Compliance, E-commerce, Retail, etc)
3 years of experience in Retail, operations, and/or business management/consulting with a proven history of delivering results
Required
3 years of experience in Experience with merchandising analytics and/ or category management in retail
Required
3 years of experience in Merchandising, category management, or merchandise strategy
Preferred
Experience in pricing and promotion, inventory management, and product development
The typical starting pay range for this position is between [$66,500 - $100,025], although wages can vary based on experience and geography.”
If you want to make a difference, Rite Aid is the right place.
While Rite Aid is big, it still feels small — you and your work are never lost in the crowd. You know the leaders, and they recognize your impact. Teams are tightly knit and agile. Small groups, courageous enough to meet our goals in new ways. You can take your work, your team, or your business to the next level without being slowed down by a ton of process or layers of approval. For anyone with intent to grow, you can reinvent yourself in a new role or take on a new challenge while helping us reinvent Rite Aid and innovate our industry.
Wherever you work in the Rite Aid family, your diverse perspectives and fierce commitment enable us to deliver on the promise of ’whole health for life’ for communities around our country.
And that makes the biggest difference of all.
Rite Aid is on the front lines of delivering healthcare services and retail products to more than 1.6 million Americans each day.
Through our RxEvolution strategy, Rite Aid is re-imagining the neighborhood pharmacy as a destination for total health and wellness – the place where traditional medicine and alternative therapies come together in perfect harmony.
We believe in the power of pharmacy to provide trusted and accessible care that helps our customers go beyond healthy and get thriving. An essential part of our RxEvolution includes empowering our pharmacists to engage more with customers – while also updating our product mix to favor better-for-you and free-from options that our customers value.
Rite Aid Corporation is also proud to be one of the nation's leading drugstore chains. With approximately 2,500 stores in 19 states, we have a strong presence on both the East and West Coasts, employing more than 51,000 associates.
Fair Chance Act
Fair Chance Act Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Pursuant to the Los Angeles Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Pursuant to the California Fair Chance Act, we will consider qualified applicants with a criminal history. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if we identify a conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report. Find out more about the Fair Chance Act by visiting the Civil Right’s Department Fair Chance Act webpage.
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New Jersey Law Against Discrimination (LAD)
The New Jersey Law Against Discrimination (LAD) prohibits unlawful employment discrimination based on an individual's race, creed, color, national origin, nationality, ancestry, age, sex (including pregnancy), familial status, marital/civil union status, religion, domestic partnership status, affectional or sexual orientation, gender identity and expression, atypical hereditary cellular or blood trait, genetic information, liability for military service, and mental or physical disability (including perceived disability, and AIDS and HIV status).