27 days old

Junior Analyst Front End Pricing (Temporary)

Camp Hill, PA 17011

Job Description

SUMMARY

The primary purpose of this position is to define and implement pricing actions that are consistent with Rite Aid pricing strategy and rules.  Provide pricing insight to ensure consistent execution of Rite Aid pricing strategy across product categories to maximize sales and margins and minimize markdown and operations impacts. The incumbent is also required to perform all tasks in observance of Rite Aids brand and strategy and adhere to our core values and service attributes.

This position supports a special part of our pricing team with a year long project. It is expected to run through December 2019.

ESSENTIAL DUTIES AND RESPONSIBILITIES

The associate is responsible for the functions below, in addition to other duties as assigned

  • Analyze price survey, margin, and movement data based upon the Rite Aid (RA) and category pricing strategy and rules, maximizing competitive and margin achievement while minimizing markdown and operational impact to determine the appropriate price for each assigned item in each assigned product category for each RA defined market (price zone) according to its unique strategy directive
  • Analyze geographic, demographic, and competitive data to recommend price strategy adjustments
  • Collaborate with Category Teams to ensure alignment of pricing strategy and Category strategy
  • Negotiate a common approach and plan that is consistent with the overall RA pricing strategy and share market observations with the Category team to provide insight to pricing actions
  • Act upon exception reports and RACS tickets to ensure pricing complies with RA pricing rules and policies. Provide input to the Pricing Data Analyst regarding item relationships to be established in the RA systems
  • Forecast the impact of proposed actions and monitor the performance of executed actions to identify when corrections are needed to ensure goals are achieved
  • Delegating and overseeing the execution of work delegated to Pricing Coordinators to ensure the timely and accurate entry of all price changes into the RA Pricing systems
  • Assist in training Category Management staff in pricing concepts and RA methodology
  • Assist in training existing and new Pricing Coordinators on systems and/or pricing areas to ensure the department has depth of knowledge
  • Participate in market visits to better understand competitive pricing strategies and execution

Experience / Requirements

  • Experience in retail or category management preferred
  • Experience in pricing preferred
  • Or equivalent combination of education and experience

Education

  • Bachelors Degree in Arts/Sciences (BA/BS) Business required

Categories

Posted: 2019-09-19 Expires: 2019-10-19

Rite Aid is committed to bringing in individuals who support our personal approach to serving customers.

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Junior Analyst Front End Pricing (Temporary)

Rite Aid
Camp Hill, PA 17011

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast