Manager, Price Strategy

Category/Area of Expertise: Merchandising

Job Requisition: 474548

Address: USA-MD-Hyattsville-8301 Professional Place Ste
115

Store Code: Pricing - Brands (5148821)

Born in the DMV, we've been here for over 88 years and counting. From our first store on Georgia Ave to becoming the #1 grocer in the Baltimore-Washington area, we're proud of our local roots. Today we span across over 160 stores in D.C., Maryland, Virginia, and Delaware!

Our vision goes beyond the aisles. We're a proud partner to community organizations with a shared goal of enriching the lives of our neighbors and being the most trusted and loved local food retailer in our community.

The Manager, Price Strategy, is responsible for developing, executing, and optimizing pricing strategies that drive profitability, competitiveness, and customer value across all channels. This role plays a key part in shaping the company's overall pricing approach through data-driven analysis, market insights, and cross-functional collaboration. In this role, the Manager will lead initiatives to monitor competitive pricing trends, assess pricing effectiveness, and recommend adjustments that support margin goals while ensuring the brand remains competitive and relevant in the market.

Grow Our People

• We care deeply about people, enjoy diversity and develop talent to get the best out of all of us

Obsess Over Customers

• We delight our customers with innovative products and experiences that support a healthier future for people and planet

Win Together

• We collaborate across boundaries to deliver on our strategy and purpose

Planning and Execution

• Responsible for the design, deployment, and monitoring of pricing and revenue optimization strategies.
• Responsible for providing strategy recommendations to leadership and category teams by leveraging data across a variety of sources (e.g., financial, 3rd-party syndicated, marketing) to identify opportunities together with direct reports

Operational Excellence

• Establish analytic models to evaluate impact of price investments and department, category and sub-category pricing decisions, considering promo assumptions and mix impact.
• Monitoring and adjusting pricing strategy from post-event analytics, measuring financial impact of pricing decisions, tracking KPIs, and providing actionable recommendations.
• Manage and maintain company pricing strategy and supporting policies and procedures

Teamwork

• Supervision, training and coaching of Pricing Team

What You Will Bring

• Bachelor's degree in business, Economics, Finance, or related field.
• 8-10 years combined experience in analytics, data science, consulting, pricing, finance, and/or similar experience.
• Experience supervising, training and coaching of Pricing Team
• Experience developing executive level presentations and comfortable presenting to an executive audience.
• Experience working with large data sets and deriving actionable insights and recommendations, including those that have a financial impact.
• Advanced Excel and PowerPoint; knowledge of SQL, Python, R or demonstrated interest in learning.
• Background in retail, pricing or revenue management a plus.

Skills and Abilities

Functional Competencies

• Analysis & Insights - Ability to identify, access and analyze data and information to develop actionable insights, which can serve as the basis for decision making, strategy creation & initiatives/solutions. Mastery:
  Utilizes data, analytics and insights to develop strategies which anticipate changes in the marketplace
• Channel, Product, Category & Industry Knowledge - Ability to apply understanding of product specifications, category, supplier & industry dynamics & marketplace trends to deliver our desired business results. Mastery:
  Provides significant value to Giant Food and the shopper through extensive understanding of categories and the marketplace
• Collaborative Partnerships - Ability to create & foster internal & external cross-functional relationships that enable the development of beneficial solutions. Mastery:
  Develops business based on long-term vision and internal and external collaboration at the highest levels
• Financial & Business Acumen - Ability to understand & apply knowledge of Giant Food & industry s business financial drivers, practices, concepts & economic predictions to develop ideas/solutions which produce desired sustainable results. Mastery:
  Builds on high level knowledge of corporate business and financial principles and concepts to deliver results
• Internal & External Communication & Documentation - Ability to communicate with internal partners & external suppliers across functions, brands & organizations; communication may be in a variety of formats, including formal presentations & required documentation. Mastery:
  Ensures that communication is tailored to the audience and provides information required for success
• Negotiation - Ability to gain alignment between internal & external parties, while achieving desired business result. Advanced:
  Recognizes and…