Bed Bath & Beyond Inc logo

Vice President, Pricing

Bed Bath & Beyond Inc

  • Salt Lake City, UT
  • 15 days ago

    Highlights

    Drive strategic pricing decisions across regular price, promotional pricing, markdowns, clearance, and category-specific pricing initiatives. Partner closely with Merchandising, Planning & Allocation, Marketing, Digital, Store Operations, Finance, and Supply Chain leaders.

    Numbers & Facts

    LocationSalt Lake City, UT
    IndustryRetail
    Company Size10,000 employees or more
    Year Founded1971
    Websitehttps://www.buybuybaby.com/

    Description

    We Go Beyond:

    At Bed Bath & Beyond, we believe that everyone should "Be You!". Bed Bath & Beyond is a community that upholds a culture of understanding, acceptance, and respect. We believe a person's individuality, traits, beliefs, and characteristics should be valued and embraced. Living by this ethos is essential to the success of our business. Our goal is to foster a more inclusive environment where every employee visibly demonstrates inclusive behaviors and respect for individuals.

    Pricing Strategy & Governance

    • Develop and lead the enterprise-wide pricing strategy aligned with financial objectives, customer expectations, and brand positioning.
    • Establish pricing frameworks, policies, and governance processes to ensure consistency and accountability.
    • Drive strategic pricing decisions across regular price, promotional pricing, markdowns, clearance, and category-specific pricing initiatives.
    • Balance revenue growth, market competitiveness, customer value perception, and profitability objectives.

    Pricing Analytics & Optimization

    • Lead pricing analytics to identify opportunities for sales growth, margin improvement, and inventory productivity.
    • Utilize data science, elasticity modeling, customer behavior analysis, and competitive intelligence to optimize pricing decisions.
    • Implement and continuously refine pricing optimization tools and capabilities.
    • Develop predictive models and reporting to support proactive pricing strategies.

    Promotional & Markdown Effectiveness

    • Partner with Merchandising and Planning teams to design and evaluate promotional strategies.
    • Oversee markdown optimization programs to maximize sell-through and margin recovery.
    • Analyze promotional ROI and customer response to improve future campaign performance.
    • Ensure pricing actions support inventory productivity and financial objectives.

    Competitive Intelligence

    • Establish robust market monitoring processes to evaluate competitor pricing and promotional activity.
    • Provide strategic recommendations regarding pricing position by category, brand, and channel.
    • Monitor market trends, economic conditions, and consumer behaviors that may impact pricing strategy.

    Cross-Functional Leadership

    • Partner closely with Merchandising, Planning & Allocation, Marketing, Digital, Store Operations, Finance, and Supply Chain leaders.
    • Support assortment planning and inventory strategies through pricing insights and recommendations.
    • Collaborate with Customer Experience teams to understand customer sentiment and pricing perceptions.
    • Influence executive decision-making through compelling business cases and analytical insights.

    Team Leadership & Development

    • Build, lead, and develop a high-performing pricing organization.
    • Foster a culture of accountability, innovation, analytical rigor, and continuous improvement.
    • Establish clear performance expectations and development plans for team members.
    • Champion best practices in pricing analytics, reporting, and decision-making.

    Technology & Process Improvement

    • Lead evaluation and implementation of pricing technologies, automation tools, and advanced analytics platforms.
    • Drive process improvements that enhance speed, accuracy, and scalability of pricing decisions.
    • Partner with Technology teams to ensure pricing systems support business needs and future growth.

    Physical Requirements:

    This position requires you to sit, stand and perform general office functions. You may also be required to lift up to 25 pounds occasionally. Bending, stooping and reaching are also frequently required.

    Equal Employment Opportunity:

    It is our policy to provide equal employment opportunity for all applicants and associates.  This policy includes our commitment to ensure that all employment decisions are made without regard to race, color, religion, gender, national origin, disability, pregnancy, veteran status (including Vietnam era veterans), age, sexual orientation, gender identity, or any other non-job-related characteristic protected by law.

    Back to Bed Bath & Beyond Careers

    About Company

    Founded in 1971, Bed Bath & Beyond Inc. is a chain of retail stores that sell a wide assortment of domestics merchandise and home furnishings. Domestics merchandise includes categories such as bed linens and related items, bath items and kitchen textiles. Home furnishings include categories such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumable and certain juvenile products. The Company's 1,471+ stores principally range in size from 20,000 to 50,000 square feet, with some stores exceeding 90,000 square feet. The Company's stores combine superior service and a broad selection of items at everyday low prices.

    JOIN THE LEADER TAKE A LOOK AT OUR NUMBERS AND SEE WHY YOU WANT TO EXPLORE BEING WITH BED BATH & BEYOND INC.

    Increased sales from 16M in 1992 to 10.915B in fiscal 2012; Increase in number of stores from 34 Bed Bath & Beyond stores at the beginning of fiscal 1992 to 1,471 stores including 1004 Bed Bath & Beyond stores, 47 Harmon or Harmon Face Values stores, 74 Christmas Tree Shops or andThat! and 82 buybuy Baby, 264 stores under the names of World Market, Cost Plus World Market or World Market Stores in fiscal 2012; Operate locations in all 50 US States, the District of Columbia, Puerto Rico, Canada and Mexico; The company includes Linen Holdings, a business-to-business distributor of a variety of textile products, amenities and other goods to customers in the hospitality, cruise line, food service, healthcare and other industries.

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