Job Description
About the company
Albertsons Companies is at the forefront of the revolution in retail. With a fixation on innovation and building culture, our team is rallying our company around a unique vision: forging a retail winner that is admired for national strength, deep roots in the communities we serve, and a team that has passion for food and delivering great service.
Albertsons is one of the largest retail employers, providing approximately 300,000 jobs across 2,200 stores, 22 distribution centers, 20 food and beverage plants and various support offices. We operate in 34 states and the District of Columbia under the Albertsons banner, as well as Safeway, Tom Thumb, Jewel Osco, Shaw’s and many more recognizable names.
Albertsons Companies recently rolled out our Presence with a Purpose work model. Placing a premium on adaptability, safety and family well-being, Presence with a Purpose will help us build a hybrid work environment between remote work and office time. A one-size-fits-all approach does not apply to everyone, and teams are allowed to make decisions that are best for them.
What you will be doing
The Own Brands Manager, Revenue Management, can be located in any of the following locations near a division or corporate office: Boise, ID, Pleasanton, CA, Fullerton, CA, Phoenix, AZ, Seattle, WA, Bellingham, WA, Portland, OR, Dallas, TX, Lubbock, TX, Malvern, PA, Denver, CO, Lanham, MD, West Bridgewater, MA.
- Develop and drive category and revenue management analytics, insights and recommended actions for Own Brands categories to achieve share, sales and profit objectives, with Own Brands Revenue Management & Sales Planning leaders.
- Support all Own Brands categories with consumer/shopper data with actionable insights to drive business decisions.
- Support the development of Own Brands pricing strategy for all categories. Define the role pricing will play in the overall category strategy, identify the optimal pricing architecture, and promotional strategy, to drive both the Own Brands business and total category performance.
- Drive execution of portfolio strategy by partnering with Own Brands category teams, National Category Directors, Divisional Vice Presidents of Merchandising & Marketing, and Pricing teams to implement and measure initiatives.
Main responsibilities
- Analyze large amounts of data, synthesize, and communicate actionable insights / recommendations to business leaders that drive positive impact to Sales and Profits. Some examples of strategic pricing decisions include promotional optimization, price investments, category re-balancing, competitive pricing analysis, price zoning & store clustering, and program measurement/reporting.
- Support development of pricing and promotion strategy for Center of Store (COS)/Fresh categories.
- Oversee base pricing and promotional projects while collaborating with cross-functional departments to develop and implement improved reporting and data processes. (e.g., Symphony Retail, Catalyst, Pricing Team, Circana).
- Continually evaluate competitors and marketplace dynamics to assess the impact on our business and develop related pricing strategy recommendations.
- Manage funded deals cancellations & last-minute changes, based on supply or sales initiatives.
- Manages execution of tactical promotional activity: overstock promotions, disco liabilities, new item promotions, etc.
The salary range is $95,000.00 to $123,000.00 annually. Starting salary will vary based on criteria such as location, experience, and qualifications. There may be flexibility for exceptional candidates. Benefits include medical, dental, vision, disability and life insurance, sick pay (accrued based on hours worked), PTO/Vacation Pay (accrued based on hours worked) or Flexible Time Off, paid holidays (9days annually), bereavement pay, and retirement benefits (pension and/or 401k eligibility). Associates in this position are also eligible for a quarterly bonus.
A copy of the full job description can be made available to you.
What we are searching for
- Bachelor’s degree preferred in Business Marketing, Economics, or Finance.
- 5+ years experience selling / influencing decision makers.
- 5+ years of category management and/or Revenue Management (pricing, Promotion, assortment) experience for a CPG or retail company.
- Deep understanding and experience with the leading analytical methodologies to analyze category performance in a CPG or retail environment.
- In-depth understanding of pricing and promotion analytics (e.g., price elasticity, transferable demand, markdown efficiency, basket/Household impact)
- Expert knowledge of Own Brands’ operations and business.
- Experience and knowledge of syndicated data (IRI, Nielsen, Spins).
- Expert analytical skills: category management analytics, PC skills in MS Office (Excel, PowerPoint, Word, Access).
- Demonstrated ability to successfully lead cross functional team members and external stakeholders to deliver projects.
- Demonstrated strategic thinking. Strong understanding and application of innovation thinking and the 4Ps of marketing.
- Demonstrated high capacity, strong work ethic and productivity. Ability to multi-task and manage many complex projects and priorities.
- Expert organization, prioritization, and project management skills, with the ability to develop detailed timelines and ensure all milestones are delivered by due dates. Ability to track issues across multiple locations / departments / divisions.
- Demonstrated successful written and oral presentations skills. Ability to structure and deliver persuasive recommendations.
- Demonstrated ability and willingness to go above and beyond to deliver results, defining projects without direction from others.
- Demonstrated strong analytics and category management.
- Strong interpersonal skills and the ability to build relationships with key stakeholders to manage the business.
- Must be able to understand and communicate techniques involved in training, merchandising and marketing Own Brands items.
- Strong customer service focus and team building skills. Strong understanding of the Albertsons divisions and how to influence merchandising.
- Advanced presentation skills with the ability to present to senior leaders both internally and externally.
- Travel requirements: 15-20%
What it is like at Albertsons?
Albertsons Culture Principles
Compassion: We always treat each other with kindness and respect
Team: We always support and recognize each other
Inclusive: We always value everyone’s perspective
Learning: We always strive to grow and develop ourselves and others
Competitive: We always act with integrity to win over the customer
Ownership: We always take actions to drive our success