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Associate Merchant, Haven Well Within

The Associate Merchant is responsible for merchandising a selected area(s) within the Merchant’s scope of responsibility. This position is responsible for collaboration with the Merchant on the strategy, development, and merchandising of the department. In this position one executes quarterly buy strategies at the style/color level, exhibits passion and eye for product, conducts in-depth analysis, both financial and trend, and works collaboratively with cross-functional partners.What We Offer:• Growth! Here at Talbots our goal is to give you the opportunities to grow with us. Our Performance Feedback Program allows for healthy career conversations and goal setting throughout the year.• Condensed Work Week! If we have no work obligations and have fulfilled our 40-hour week, our Life-Work balance approach allows for us to start our weekend at 1pm on Fridays.• Complete Benefit Package! Our benefits kick off the first day of the month after your start date! Discover more about our full benefits package here. We have competitive time off, including paid time to volunteer within the community.• Merchandise Discounts! Our associates receive 50% off Talbots and select Haven Well Within brand items. Additionally, you may also be eligible for discounts at the brands across KnitWell Group.What You’ll Do:Omni-Channel:• Assist in building seasonal framework for selected area(s) within the Merchant’s scope of responsibility.• Analyze business performance on a weekly basis; present results to cross-functional and leadership teams as needed.• Highlight prior seasons through extensive product analysis, trend analysis, and productivity results to plan the next season.• Utilize both product strategies and analytical results to plan all merchandise buys, in accordance to budget, for each quarter and present investments at product investment review.• Use merchandising buy tool to plan all merchandise buys to the style/color level.• Partner with planning and inventory management on reviewing sales, receipt, and style/color count; partner on managing in-season business results and markdown cadence.• Partner with sourcing to achieve target IMU plans, make seasonal fabric projections, participate in discussions on costs, deliveries, and other vendor related matters.• Partner with design team to evolve our proven core product and introduce merchandise that is new, trend right, works within our brand filter, and moves the business forward.• Develop understanding of the Haven Well Within customer and ability to strategize product selections that are complementary to the brand and the customer’s preference.• Share responsibility with Assistant Merchant on maintenance of purchase order system as well as entering seasonal purchase orders by style, color, and size as needed.• Build Ad hoc analytical assignments as requested.• Share responsibility with Assistant Merchant on sample management and ensure accuracy and on time arrival of photo samples.Direct:• Maintain knowledge of catalog and web industry trends, shop competition frequently.• Analyze direct business metrics, evaluate customer demand performance in conjunction with sales.• Share responsibility with Assistant Merchant to set up, prepare for and attend catalog layout reviews.• Share responsibility with Assistant Merchant/Marketing Ops to ensure accuracy of asset imagery and timely delivery to web merch teams.• Review and collect all catalog and web content for department as released, work with teams to ensure accurate product representation.Store:• Maintain knowledge of retail industry trends, shop competition and visit Haven Well Within shops frequently.• Oversee and attend store floor-set layout reviews, ensure accuracy and placement.Who You Are:• Bachelor’s degree• 3+ years of experience in a buying and or/merchandising• Proficiency in Microsoft Office, with intermediate level to advanced Microsoft Excel skills• Innate sense of fashion and ability to analyze and translate trends• Possess analytical skills, ability to draw smart conclusions and make thoughtful recommendations• Strong organizational skills, ability to multitask, prioritize and complete tasks on tight deadlines• Excellent attention to detail, understands importance of accuracy and thorough completion of tasks• Strong communication and collaboration skills and the ability to work as part of a team• Strong writing and presentation skills• Must be able to thrive in a fast paced, dynamic environment• Must be a creative and critical thinker, with the ability to problem solve• Must be self-motivated, driven to succeed and have a passion for learning

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What You Should Know About Associate Merchant, Haven Well Within, Talbots

As an Associate Merchant at Haven Well Within in Hingham, MA, you’ll be stepping into an exciting world of fashion and retail! This role is pivotal in merchandising specific areas that align with the overall vision of our Merchant team. Collaborating closely with experienced merchants, you’ll craft strategies that keep us ahead of market trends and customer preferences. With your keen eye for product, you will execute quarterly buying strategies at a detailed style and color level. Your analytical skills will shine as you conduct in-depth financial and trend analyses to support decision-making. What’s more, you’ll get the opportunity to team up with various departments—from planning and inventory management to design—in order to align our merchandise with customer needs and the overall brand aesthetic. At Haven Well Within, we value our team’s growth, offering a Performance Feedback Program to foster career development. With a great work-life balance, including Fridays off at 1 PM when the workload allows, you’ll enjoy a fulfilling environment that prioritizes well-being. You can also look forward to a competitive benefits package kicking in right after your start date and a fantastic 50% discount on our products. So, if you’re passionate about merchandising and eager to contribute to a dynamic team, we’d love for you to join us as we continue to inspire our customers and lead the way in the wellness space!

Frequently Asked Questions (FAQs) for Associate Merchant, Haven Well Within Role at Talbots
What are the main responsibilities of an Associate Merchant at Haven Well Within?

As an Associate Merchant at Haven Well Within, your key responsibilities include developing and executing merchandising strategies, analyzing business performance weekly, coordinating with cross-functional teams, and managing purchasing orders. Additionally, you will extensively analyze previous seasons' metrics to inform future planning and optimize stock levels according to budget requirements.

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What qualifications are needed to apply for the Associate Merchant position at Haven Well Within?

To qualify for the Associate Merchant role at Haven Well Within, candidates should possess a Bachelor’s degree and have at least 3 years of experience in buying or merchandising. Strong analytical skills, proficiency in Microsoft Office (particularly Excel), and a solid understanding of retail trends are also essential for success in this position.

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How does the Associate Merchant collaborate with other teams at Haven Well Within?

The Associate Merchant collaborates with various teams, including design, planning, and inventory management. By engaging with these cross-functional partners, you will ensure that product selections align with current trends and customer demands, improving overall business performance and effectively managing in-season strategies.

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What skills are important for an Associate Merchant at Haven Well Within?

Key skills for an Associate Merchant at Haven Well Within include strong analytical abilities, excellent organization, attention to detail, and creative thinking. Effective communication and collaboration skills are also vital, as you will work closely with other team members to achieve merchandising goals and analyze market trends.

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What growth opportunities are available for Associate Merchants at Haven Well Within?

At Haven Well Within, Associate Merchants have numerous growth opportunities, including participation in our Performance Feedback Program, which encourages goal setting and career conversations. Talbots is committed to fostering an environment where associates can develop their skills and progress within the company.

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Common Interview Questions for Associate Merchant, Haven Well Within
Can you describe your experience with merchandising and buying strategies?

In responding to this question, highlight specific examples from your previous roles where you've successfully developed and executed buying strategies. Discuss how you used data analysis to inform your decisions and how your mentorship from senior team members contributed to your growth.

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How do you stay updated on retail trends?

Explain your approach to research and trend monitoring—be it through market analysis, attending trade shows, or reading industry publications. Share experiences where your awareness of trends positively impacted your merchandising decisions.

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Describe a time when you had to collaborate with a cross-functional team. How did you ensure effective communication?

Provide an example where you worked with multiple departments. Discuss the tools and strategies you used to foster communication and how these efforts led to successful project outcomes, emphasizing the importance of teamwork.

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What steps do you take to analyze previous sales data for planning future purchases?

Detail the processes you utilize for reviewing sales data, such as looking at historical trends, assessing customer feedback, and analyzing competitive performances. Discuss the strategies that enable you to make informed and data-driven purchasing decisions.

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How do you prioritize your tasks when managing tight deadlines?

Share your approach to prioritization, such as using time management tools or frameworks. Discuss how you assess task urgency and importance, and provide an example where your ability to prioritize helped you meet a critical deadline.

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What is your approach to managing a purchasing order system?

Discuss your familiarity with purchasing order systems, highlighting any specific tools you've used. Explain how you ensure accuracy and timeliness in order entry and monitoring processes, which is critical for inventory management.

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How do you evaluate the success of your merchandising decisions?

Talk about the metrics and KPIs you monitor, such as sales performance, customer feedback, and inventory turnover rates. Provide examples of how you've used this analysis to adjust strategies in real-time.

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Can you explain the relationship between merchandising and customer preferences?

This is an opportunity to showcase your understanding of the customer-centric approach. Discuss how you conduct market research, listen to customer feedback, and align merchandising strategies to meet their needs, enhancing customer satisfaction.

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What challenges have you faced in merchandising, and how did you overcome them?

Be prepared to discuss specific challenges you've encountered in previous roles, such as unexpected changes in market trends or supply chain issues. Explain the strategies you implemented to adapt and find solutions to these challenges.

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How would you describe your communication style when presenting your analyses?

Highlight your ability to tailor your communication to your audience, whether it’s sharing data with your team or presenting to leadership. Provide examples of how you make complex information accessible and actionable for diverse stakeholders.

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We strive to give women the confidence to express their individual style in all areas of their lives with classic, modern, versatile clothing that exudes optimism -- to wear now and forever. Our WE CARE Values: We Win as a team - and are dedica...

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