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Pricing and Promo Strategy Lead, Apparel and Accessories- Men's, Kids, NIT

Target

Pricing and Promo Strategy Lead, Apparel and Accessories- Men's, Kids, NIT

Target

1000 Nicollet Mall, Minneapolis,MN 55403-2542

·

On-site

·

Full-time

·

1w ago

The pay range is $95,000.00 - $171,000.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About us:Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

Working within Pricing & Promo, your mission is to develop enterprise wide pricing and promotion strategies with merchants impacting millions of dollars within the enterprise Pricing and Promotions Center of Excellence. Pricing strategies affect everyday retails, promotional effectiveness, clearance management and competitive pricing. As a member of the Pricing & Promo team, you’ll focus on leading promotional offer strategy and effectiveness, and be a key business consultant to merchants developing relationships with Buyers, Sr. Buyers, and Divisionals. There is also a strong partnership with Marketing to bring offers to life for the Guest, as well as partnership with Store Operations, Finance and other important support areas.

As a Pricing & Promo Strategy Lead, you’ll take the lead to develop pricing & promotion strategies and plans that will result in optimal financial outcomes and support broader price perception objectives for Target. You will learn and understand merchant businesses, strategies, and objectives. You will support the team as a consultant to refine strategies based on market conditions and business performance and develop division-specific financial goals and objectives for key initiatives. Through your coordination of cross-function reviews you will have the opportunity to support new and on-going initiatives. Using your strategic problem solving skills, you will drive process improvements and identify business risks and opportunities based on financial and operational performance. Leverage your strong critical thinking and communication skills to educate merchants and other partners by influencing pricing decisions and driving collaborative dialogue and processes between Merchants, Marketing and the Pricing and Promo COE. We’ll support you along the way with robust onboarding, as well as personal and career development, to help you grow as a strong Strategy & Planning Lead. The exciting part of retail? It’s always changing!

Core responsibilities are described within this job description. Job duties may change at any time due to business needs.

About you:

  • Four-year degree or equivalent work experience
  • 6+ years previous merchandising experience (e.g. buyer, operations, pricing)
  • Experience leading complex projects and enterprise strategies
  • Strong interpersonal skills and ability to maximize relationships
  • Excellent communication, influencing, and leadership skills
  • Entrepreneurial spirit with strong analytical, decision-making, project management, planning and organizational skills

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota.

Benefits Eligibility:

Please paste this url into your preferred browser to learn about benefits eligibility for this role: https://tgt.biz/BenefitsForYou_E

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.accommodations@HRHelp.

Target.com. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.

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About Target

Target

Target

Public

Target Corporation, doing business as Target, is an American retail corporation headquartered in Minneapolis, Minnesota, United States. Target operates retail stores. It is the eighth-largest retailer in the United States and is a component of the S&P 500 Index.

10,001+

Employees

Minneapolis

Headquarters

Reviews

3.2

19 reviews

Work Life Balance

1.5

Compensation

2.0

Culture

1.5

Career

2.0

Management

1.2

15%

Recommend to a Friend

Pros

Hard-working employees acknowledged by management

High-paying corporate positions available

Some competitive salary offers

Cons

Mass layoffs and job cuts

Poor management and leadership decisions

Toxic workplace culture

Salary Ranges

25 data points

Junior/L3

Mid/L4

Director

Junior/L3 · Decision Sciences Analyst

1 reports

$104,000

total / year

Base

$80,000

Stock

-

Bonus

-

$104,000

$104,000

Interview Experience

46 interviews

Difficulty

4.0

/ 5

Duration

21-35 weeks

Offer Rate

20%

Experience

Positive 65%

Neutral 21%

Negative 14%

Interview Process

1

Recruiter Screen

2

ML Coding

3

ML System Design

4

Research Discussion

5

Team Interviews

Common Questions

ML fundamentals

Design an ML system

Research paper discussion

Statistical concepts