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Retail Product and Pricing Manager

Additional Considerations (if any):

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At Hy-Vee our people are our strength. We promise “a helpful smile in every aisle” and those smiles can only come from a workforce that is fully engaged and committed to supporting our customers and each other.

Job Description:

Job Title: Retail Product & Pricing Manager

Department: Grocery

FLSA: Non-Exempt

General Function:

Sets the department standards for customer service, employee relations, cleanliness, sanitation, professional appearance and overall profitability Ensures products are available to the customer in a timely basis and all item parameters are accurately maintained in the product management software

The duties of this position are performed in the retail location, onsite.

Core Competencies:

  • Partnerships
  • Growth mindset
  • Results oriented
  • Customer focused
  • Professionalism

Reporting Relations:

Accountable and Reports to: District Store Director; Store Manager; Assistant Managers of GM, Perishables, and Store Operations; Service Managers

Positions that Report to you: Retail Product & Pricing Specialist

Primary Duties and Responsibilities:

  • Maintains a positive attitude; creates an atmosphere of friendliness and fun through flexibility and teamwork Generates a friendly atmosphere by encouraging employees to greet and speak to customers; providing prompt, courteous, and efficient service to customers and sets a good example
  • Sets the department standards for customer service, employee relations, cleanliness, sanitation, professional appearance and overall profitability.
  • Provides prompt, efficient and friendly customer service by exhibiting caring, concern and patience in all customer interactions and treating customers as the most important people in the store
  • Smiles and greets customers in a friendly manner and makes an effort to learn customers’ names and to address them by name whenever possible.
  • Assists customers by:
    • escorting them to the products they’re looking for
    • securing products that are out of reach
    • loading or unloading heavy items
    • making note of and passing along customer suggestions or requests
    • performing other tasks in every way possible to enhance the shopping experience.
  • Determines department goals with store management
  • Supervises all personnel within the Product Management Department
  • Establishes a schedule and daily work plan for the Product Management Department
  • Maintains department supplies and replenishes as needed
  • Assists store management with gross profit analysis and other management reporting functions
  • Ensures inventory information is accurate for monthly inventory
  • Oversees the maintenance of the product management applications and trains other store personnel
  • Utilizes product management software to minimize out of stocks and inventory and maintains correct item parameters and signage to maximize sales and profits
  • Ensures advertised, EDLP, and RDA items are priced and signed correctly and sufficient quantities are ordered
  • Oversees special buys to ensure accuracy of parameters in product management application
  • Plans and schedules inventory and pricing verification in accordance with Hy-Vee policy
  • Works with upper management to determine product placement for new items and resets to ensure the timely presentation of products to the customer
  • Ensures obsolete and discontinued inventory is reduced for quick sale Monitors excess inventory and works with store management to minimize
  • Monitors and reports on damage/unsaleables and implements solutions to reduce them
  • Approves/edits replenishment and ad orders
  • Ensures price changes and product information changes for all items are completed in a timely manner
  • Assists department managers with questions concerning product management in their department
  • Works with DSD vendors, checks in and balances vendor invoices
  • Maintains strict adherence to department and company guidelines related to personal hygiene and dress
  • Adheres to company policies and individual store guidelines
  • Reports to work when scheduled and on time

Secondary Duties and Responsibilities:

  • Assists in other areas of store as needed
  • Reviews equipment needs of the Product Management Department and makes recommendations to the Store Director for budget requests
  • Performs other job related duties and special projects as required

Supervisory Responsibilities:

Instructing, assigning work, reviewing work, planning the work of others, maintaining standards, allocating personnel, and coordinating the activities of others

Knowledge, Skills, Abilities and Worker Characteristics:

  • Must have the ability to solve practical problems; variety of variables with limited standardization; interpret instructions
  • Ability to do arithmetic calculations involving fractions, decimals, and percentages
  • Possess the ability to interview to obtain basic information; guide people to provide basic direction; follow technical manuals and have increased contact with people

Education and Experience:

High school or equivalent experience Strong basic math skills necessary Over six months to one year of similar or related experience

Physical Requirements:

  • Must be physically able to exert up to 50 pounds of force (energy exerted) occasionally
  • Visual requirements include vision from less than 20 inches to more than 20 feet with or without correction, depth perception, color vision, and field of vision.
  • Must be able to perform the following physical activities: Climbing, balancing, stooping, kneeling, reaching, standing, walking, pulling, lifting, grasping, feeling, talking, hearing, and repetitive motions

Working Conditions:

This position is frequently exposed to noise, occasionally exposed to temperature extremes and equipment movement hazards, and continually exposed to the fast paced work environment and pressure to meet deadlines

Equipment Used to Perform Job:

Windows based PC, printer, wireless devices, telephone, fax, copier, calculator, internet, product management software, and Microsoft Office products

Financial Responsibility:

Responsible for company assets including equipment and merchandise

Contacts:

Has daily contact with customers, suppliers/vendors and with the general public

Confidentiality:

Has access to confidential information including store inventory information, item costs, and margins.

Are you ready to smile, apply today.  

Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Retail Product and Pricing Manager, Hy-Vee

Hy-Vee is excited to invite applications for the role of Retail Product and Pricing Manager in Cedar Rapids, IA! At Hy-Vee, we believe our employees are our brightest asset, embodying the idea of 'a helpful smile in every aisle.' In the role of Retail Product and Pricing Manager, you will be responsible for setting department standards that enhance customer service, manage employee relations, and significantly boost overall profitability. Your charming personality will encourage team members to engage positively with customers, fostering a friendly atmosphere in our grocery department. You will ensure that products are accessible, inventory levels are accurate, and pricing is reflective of our competitive edge. You’ll work closely with store management to craft department goals and oversee the scheduling and daily operations of your team. Engaging with customers is at the core of this position; whether you are greeting them with a smile or helping them find items, your commitment to providing excellent service will be paramount. This position requires problem-solving skills, the ability to interpret complex instructions, and basic numeric proficiency. With responsibilities that range from managing inventory accuracy, supervising department personnel, to assisting in financial analysis, your role will be diverse and impactful. If you thrive in a dynamic, fast-paced environment and have a knack for enhancing the shopping experience, we want to hear from you!

Frequently Asked Questions (FAQs) for Retail Product and Pricing Manager Role at Hy-Vee
What qualifications are necessary for the Retail Product and Pricing Manager role at Hy-Vee?

To qualify for the Retail Product and Pricing Manager position at Hy-Vee, candidates should have a high school diploma or equivalent experience, preferably with over six months to a year of related experience. Strong basic math skills and the ability to interact effectively with both customers and team members are also essential.

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How does the Retail Product and Pricing Manager at Hy-Vee interact with customers?

The Retail Product and Pricing Manager at Hy-Vee interacts with customers by creating a friendly atmosphere, greeting them with smiles, and assisting them in finding products. You will also handle customer feedback and ensure their shopping experience is enjoyable and efficient. Your proactive approach will help foster customer loyalty.

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What tools does the Retail Product and Pricing Manager use at Hy-Vee?

In the Retail Product and Pricing Manager role at Hy-Vee, you will utilize various tools including Windows-based PCs, product management software, and Microsoft Office products to manage inventory, perform financial analyses, and oversee daily operations. These tools will aid in ensuring accurate pricing and effective management of your department.

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What opportunities for growth exist for a Retail Product and Pricing Manager at Hy-Vee?

A Retail Product and Pricing Manager at Hy-Vee has significant opportunities for growth, as you will gain valuable experience in management, customer relations, and operations. Successful performance in this role may lead to higher managerial positions within the company, allowing you to further explore your leadership potential.

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Common Interview Questions for Retail Product and Pricing Manager
Can you describe your approach to enhancing customer service as a Retail Product and Pricing Manager?

In answering this question, it's important to emphasize your understanding of the role and the customer-centric approach you would take. You might say something like: 'I believe enhancing customer service starts with creating a welcoming environment. I would train my team to greet customers promptly and help them with any inquiries, ensuring they feel valued and heard. Periodically assessing customer feedback would also guide improvements in our service.'

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How do you manage inventory levels and ensure product availability?

For this question, discuss your organizational skills and familiarity with inventory management. An effective response could be: 'I would closely monitor stock levels using product management software, analyze sales patterns, and communicate with suppliers. Regular audits would ensure that the displayed inventory reflects current stock, minimizing out-of-stock situations.'

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What methods do you use to motivate your team as a manager?

To tackle this question, highlight your leadership style. You might say: 'I motivate my team by fostering a collaborative atmosphere, encouraging open communication, and recognizing individual contributions. Setting achievable goals along with incentives creates enthusiasm and helps team members feel invested in their work.'

Join Rise to see the full answer
Can you give an example of how you've solved a customer complaint in the past?

Provide a scenario that showcases your problem-solving skills. A good response is: 'Once, a customer was unhappy with a product they purchased. I listened to their concerns, offered a replacement, and ensured they received a special discount on their next visit. This not only resolved the issue but strengthened our relationship with the customer.'

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How do you handle pricing strategies to remain competitive?

To address this, focus on your analytical abilities. You could say: 'I consistently evaluate competitor pricing and market trends to ensure our prices remain competitive. I also engage with customers on their preferences, utilizing this feedback to adjust our pricing strategies accordingly, ensuring we attract and retain customers effortlessly.'

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What experience do you have with budgeting and financial reporting?

In this case, emphasize relevant experience. You might say: 'I have been involved in budgeting processes in previous roles, where I analyzed sales data to forecast financial needs. Keeping accurate records and being involved in financial reports were crucial to making informed decisions regarding product management.'

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How do you ensure cleanliness and organization in the store?

For this question, explain your standards and procedures. You could respond: 'I advocate for a systematic approach, where I set clear expectations for cleanliness and organization, regularly reviewing the department with my team. Regular training and accountability encourage everyone to maintain high standards.'

Join Rise to see the full answer
What strategies do you use to train new employees?

Highlight your training philosophy with an answer like: 'I believe in comprehensive onboarding, where I pair new hires with experienced team members for mentoring. This method not only teaches skills but also helps new employees feel included in the team from day one.'

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Can you explain a time when you had to implement a significant change at work?

In responding to this question, give a concrete example. You could say: 'When we changed our inventory software, I led the transition at our store by training the staff extensively and providing ongoing support. This minimized disruption and improved our efficiency significantly once implemented.'

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Why do you want to work at Hy-Vee as a Retail Product and Pricing Manager?

This is your chance to express your passion. A compelling answer might be: 'I have always admired Hy-Vee’s commitment to customer satisfaction and community engagement. I resonate with your values and believe that my experience in product management aligns perfectly with enhancing the customer experience at your stores.'

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EMPLOYMENT TYPE
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DATE POSTED
April 1, 2025

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