Elizabeth Albrecht
Summary
Savvy retail executive with a proven track record of exceeding financial plans at both Fortune 100 Companies, as well as Start-Ups. Conceptualized and rolled-out new merchandising strategies that have resulted in 15-25% sales increases year-over-year, and improved customer conversion rates. Skilled at leading and motivating merchandising teams, and building lasting brand partnerships.
Overview
18
18
years of professional experience
Work History
Senior Merchandise Manager
Credo
2021.02 - Current
- Conceptualized and led the launch of new e-commerce feature, generating $1 million in + revenue within the first year.
- Increased sales by +20% vs. LY, through targeted product assortment planning and execution.
- Improved gross margin by 100 basis points by negotiating new and existing brand contracts.
- Reduced inventory costs by 20% through optimizing inventory management processes, and turning obsolete inventory into cash.
- Responsible for leading and developing merchandise team.
Senior Buyer
TJX Companies
2008.10 - 2021.02
- Generated multi-million dollar deals on a weekly basis, by exercising outside-the-box negotiation tactics with new and established brand partners.
- Opened a record-breaking 250 brands.
- Completed TJX University Education and Training programs, such as Negotiation Tactics, Relationship Building, True Colors, SWOT Analysis and Myers-Briggs.
- Sourced and purchased from factories directly, in order to increase margins and create a unique product assortment.
Buyer/Planner
Bluemercury
2006.05 - 2008.07
- Played instrumental role in growing a start-up business into what is now a 150+ door company.
- Worked directly with founder, which provided invaluable entrepreneurial exposure and groundwork for future merchandising roles.
- Built strong partnerships with established key brands, and identified new brands based on consumer trends.
Education
Bachelor of Science - Business And Managerial Economics
University of Maryland - Baltimore County
Baltimore, MD06.2005
Skills
- Merchandising Strategies
- Data-Driven Decision-Making
- Competitive Analysis
- Relationship Building
- Originality and Creativity
- Product Lifecycle Management
- Promotional Planning
- Market Analysis
- Vendor Negotiation
- Supplier Relationship Management
- Open-to-buy Management
Timeline
Senior Merchandise Manager
Credo
2021.02 - Current
Senior Buyer
TJX Companies
2008.10 - 2021.02
Buyer/Planner
Bluemercury
2006.05 - 2008.07
Bachelor of Science - Business And Managerial Economics
University of Maryland - Baltimore County
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