Kohl's
This position can be remote; however, if you reside near our offices in Menomonee Falls, WI, or New York City, NY, we request that you work onsite from Monday through Thursday, with the option to work remotely on Fridays.
About the Role
In this role, you will analyze pricing data, drive decision-making in alignment with broader analytics and company initiatives and collaborate cross-functionally both inside analytics and across the company
What Youll Do
Lead pricing modeling and analysis using sales, promotional landscape, competitor pricing and market trends to develop and recommend effective pricing strategies
Implement and stress-test variety of dynamic pricing models (rule-based, statistical, ML/DL-based, non-linear optimizations) and strategies that align with revenue goals, margin targets and market positioning
Conduct regular competitive pricing analyses to understand the market position and adjust pricing strategies as needed
Monitor industry trends, consumer behavior and competitor promotions to stay informed of market shifts
Utilize pricing and financial software to gather, analyze and interpret pricing performance data
Create detailed reports and dashboards to communicate pricing impacts, trends and opportunities to key stakeholders
Evaluate the impact of pricing changes on revenue and profitability, making data-driven recommendations for adjustments
Partner cross-functionally with merchandising and pricing teams
Additional tasks may be assigned
What Skills You Have Required Bachelors degree in Business, Finance, Economics, Marketing or a related field
Proven experience as a Pricing Analyst, preferably in the retail sector
Strong analytical and quantitative skills with proficiency in data analysis tools such as Excel, SQL, Python, BI tools
Experience with pricing optimization software and knowledge of pricing models
Excellent communication skills, with the ability to present complex data to non-technical stakeholders
Strong organizational and problem-solving abilities
Excellent attention to detail
Ability to manage multiple projects and meet deadlines
Preferred Knowledge of retail pricing and merchandising processes
Familiarity with ERP and pricing software solutions
Experience in dynamic or competitive pricing environments
Implement and stress-test variety of dynamic pricing models (rule-based, statistical, ML/DL-based, non-linear optimizations) and strategies that align with revenue goals, margin targets and market positioning
Conduct regular competitive pricing analyses to understand the market position and adjust pricing strategies as needed
Monitor industry trends, consumer behavior and competitor promotions to stay informed of market shifts
Utilize pricing and financial software to gather, analyze and interpret pricing performance data
Create detailed reports and dashboards to communicate pricing impacts, trends and opportunities to key stakeholders
Evaluate the impact of pricing changes on revenue and profitability, making data-driven recommendations for adjustments
Partner cross-functionally with merchandising and pricing teams
Additional tasks may be assigned
What Skills You Have Required Bachelors degree in Business, Finance, Economics, Marketing or a related field
Proven experience as a Pricing Analyst, preferably in the retail sector
Strong analytical and quantitative skills with proficiency in data analysis tools such as Excel, SQL, Python, BI tools
Experience with pricing optimization software and knowledge of pricing models
Excellent communication skills, with the ability to present complex data to non-technical stakeholders
Strong organizational and problem-solving abilities
Excellent attention to detail
Ability to manage multiple projects and meet deadlines
Preferred Knowledge of retail pricing and merchandising processes
Familiarity with ERP and pricing software solutions
Experience in dynamic or competitive pricing environments