Bring Your Amazing Self to Work

At Macy's, Inc. we're on a mission to create a brighter future with bold representation for all. This is our Mission Every One. We know that each person here is unique. So we respect and invest in each individual to create growth, pride, and satisfaction. If we are able to bring our whole selves to work, it translates into a more abundant and wider array of ideas and energy for all to benefit from. Our success will be built on amazing colleagues, working together.

Job Overview

The Senior Manager, Pricing Strategy leads and implements pricing strategies across multiple divisions, projecting financial impact and maximizing business opportunities with a focus on sales, margin, and turnover. They partner with the Omni Buying, Merchant Planning, Digital, and Marketing teams to execute promotional and permanent markdowns tailored to their areas of business. They also interface with multiple DBMs and business leaders across relevant functions. In addition to overseeing the training and development of associates and assistants, the Senior Manager focuses on process improvement opportunities for their team and the broader pricing team. Other duties may be assigned as needed.

What You Will Do

Review and validate actual sales and gross markdowns against projections, adjusting the markdown budget and developing strategies to drive sales in partnership with the Omni Buying and Merchant Planning teams.
Lead weekly in-depth business reviews and collaborate with the Omni Buying team to identify underperforming items or categories and recommend appropriate pricing actions.
Participate in business strategy meetings with the Omni Buying and Site Merchandising teams to understand overall goals, budgets, strategies, marketing constraints, and key operating parameters.
Determine optimal markdown strategies to maximize sales and margin throughout each product's lifecycle.
Ensure markdown strategies are optimized for both online and in-store execution needs.
Collaborate with Data Science to fine-tune the pricing algorithm, ensuring its recommendations are accurate and actionable for the teams.
Support the development and rollout of the Unified Price Management (UPM) tool by partnering with product and tech teams, providing feedback, and participating in relevant meetings and touchpoints.
Manage Omni POS and permanent markdowns to drive sales and gross margin.
Partner with DBMs/Omni Buyers to develop and execute markdown strategies tailored to their specific areas of business.
Oversee inventory currency to ensure optimal stock levels.
Maintain regular and dependable attendance and punctuality.

Skills You Will Need

Analytical and Financial Acumen: Ability to review and validate sales data, projections, and markdowns, adjusting strategies to drive sales while maximizing margin and turnover.

Strategic Thinking: Capability to think creatively and strategically, determining optimal markdown strategies across product lifecycles and aligning with business goals.

Cross-Functional Collaboration: Strong interpersonal and leadership skills to partner effectively with Omni Buying, Merchant Planning, Digital, Marketing, and Site Merchandising teams, as well as DBMs and business leaders.

Data-Driven Decision Making: Proficiency in collaborating with Data Science to refine pricing algorithms and ensure recommendations are reliable and actionable.

Project Management: Ability to lead business reviews, drive process improvements, and support the development and implementation of tools like the Unified Price Management (UPM) system.

Communication: Excellent communication skills to present information clearly and concisely, keep stakeholders informed, and facilitate open and continuous dialogue across teams.

Leadership and Development: Experience in managing and developing associates, overseeing teams, and fostering an environment focused on process improvement.

Problem Solving: Ability to identify underperforming products and categories, recommend pricing actions, and solve problems with a creative and technical approach.

Technical Proficiency: Solid knowledge of MS Office and the ability to leverage technology to support pricing strategies and decisions.

Who You Are

Dedicated to fulfilling ideals of diversity, inclusion, and respect that Macy's aspires to achieve every day in every way.
Candidates with a bachelor's degree or equivalent work experience in a related field are encouraged to apply. 4+ years of experience required.
Regularly required to sit, talk, hear; use hands/fingers to touch, handle, and feel. Occasionally required to move about the workplace and reach with hands and arms. Requires close vision.
Able to work a flexible schedule based on department and company needs.

What We Can Offer You

An inclusive, challenging, and refreshingly fun work environment
Competitive pay and benefits rooted in principles of equity
Performance incentives and annual merit review
Merchandise discounts
Health and Wellness Benefits across medical, dental, vision, and additional insurance
Retirement Savings Plan with 401k match opportunity
Employee Assistance Program (mental health counseling and legal/financial advice)
Resources for continuous learning, career growth, and leadership development
8 paid holidays
Paid Time Off (first year prorated depending on start date)
Tuition reimbursement program
Guild education benefit funds 100% of tuition, books, and fees in designated programs
Colleague Resource Groups (CRGs) and give-back/volunteer opportunities
Empowerment and autonomy to perform impactful work with tangible results

About Macy's

Now is an exciting time for a Macy's career as we continue to focus on creating exciting and memorable experiences for every Macy's customer, whether their journey starts online or in the store. Our opportunities in Sales, Merchandise, Operations, Customer Service, Warehouse, Marketing, and other areas let you express your creativity and commitment to excellence, grow your career and make a difference to your Macy's colleagues and customers.

Bring your creativity, energy, and ideas to the Macy's team - Apply Today!

This job description is not all-inclusive. Macy's, Inc. reserves the right to amend this job description at any time. Macy's, Inc. is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.

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This position may be eligible for performance-based incentives/bonuses. Benefits include 401k, medical/vision/dental/life/disability insurance options, PTO accruals, Holidays, and more. Eligibility requirements may apply based on location, job level, classification, and length of employment. Additional benefit details are available at macysJOBS.com.