Data Scientist, Margin Strategy

• Establish a strategic promotional framework with Category Management to create promotional offer strategies and initiatives by category. Act as a strategic thought partner with Category Management, Finance, E-commerce, and Marketing to share and execute on data insights for promotional offers and initiatives.
• Collaborate with Category Management teams to understand internal customer shopping patterns, opportunities, and the implications for the different areas of the business.
• Support CRM Promotional strategies and integrate customer data, channels of business, and promotional results in new ways to deepen customer relationships and drive profitable retail business growth
• Leverage exploratory data analytics skills to identify promotional optimization opportunities, vendor funding variances, assortment affinities, channel productivity, all-in margin, and inventory improvements.
• Develop and utilize pertinent methods, models, algorithms needed to answer business questions. Identify key insights from analyses, cutting through large amounts of data to quickly identify trends and implications on sourcing strategy & approach.
• Identify promotional optimization opportunities and gaps by understanding the business and through application of quantitative and qualitative industry, consumer, sales, and syndicated data.
• Translate insights into action, leverage clear storytelling and data visualization to effectively share business insights and proposals to category management and senior management. Use analytics to inform promotional management decisions and support promotional funding negotiations

EDUCATION REQUIREMENTS

Education Level

Area of Specialization (Marketing, Finance, Pharmacy, Engineering/IT, etc)

Required or Preferred

Bachelor Degree

Mathematics, Statistics, Economics or related field

Required

Masters Degree

Mathematics, Statistics, Economics or related field

Preferred

KNOWLEDGE, SKILLS AND ABILITIES

Knowledge, Skills and Abilities

Required or Preferred

Strong understanding of statistics and statistical modeling

Superior analytical and quantitative skills

Experience with managing and aggregating large amounts of data

Strong communication skills - speaking, writing, and presenting

Proficiency in analytics tools and coding (Excel, Google Analytics, SQL, Tableau/ Power BI, Alteryx, Matlab, Minitab)

Ability to use and apply machine learning, AI, and statistical analysis techniques to complex structured or unstructured data sets to answer difficult business questions

Strong financial knowledge & business acumen

Strong problem-solving skills:

Ability to take ambiguous problem and structure analytics to solve that problem

Ability to overcome roadblocks proactively and independently in working complex data sets

Passion for using data to solve complex problems

Strong interpersonal skills & ability to collaborate across teams

WORK EXPERIENCE

Experience

Areas of Experience (Pharmacy, Compliance, E-commerce, Retail, etc)

Required or Preferred

7 years of experience in Retail, operations, and/or business management/consulting with a proven history of delivering results

Required

7 years of experience in merchandising analytics and/ or category management in retail

Required

5 years of experience in Merchandising, category management, or merchandise strategy

Preferred

5 years of experience in pricing and promotion, inventory management, and product development

Preferred

3 years of experience in analytics tools and coding (Excel, Google Analytics, SQL, Tableau/ Power BI

Require

The typical starting pay range for this position is between [97,600 - $150,250], although wages can vary based on experience and geography.”

If you want to make a difference, Rite Aid is the right place.

While Rite Aid is big, it still feels small — you and your work are never lost in the crowd. You know the leaders, and they recognize your impact. Teams are tightly knit and agile. Small groups, courageous enough to meet our goals in new ways. You can take your work, your team, or your business to the next level without being slowed down by a ton of process or layers of approval. For anyone with intent to grow, you can reinvent yourself in a new role or take on a new challenge while helping us reinvent Rite Aid and innovate our industry.

Wherever you work in the Rite Aid family, your diverse perspectives and fierce commitment enable us to deliver on the promise of ’whole health for life’ for communities around our country.

And that makes the biggest difference of all.

Rite Aid is on the front lines of delivering healthcare services and retail products to more than 1.6 million Americans each day.

Through our RxEvolution strategy, Rite Aid is re-imagining the neighborhood pharmacy as a destination for total health and wellness – the place where traditional medicine and alternative therapies come together in perfect harmony.

We believe in the power of pharmacy to provide trusted and accessible care that helps our customers go beyond healthy and get thriving. An essential part of our RxEvolution includes empowering our pharmacists to engage more with customers – while also updating our product mix to favor better-for-you and free-from options that our customers value.

Rite Aid Corporation is also proud to be one of the nation's leading drugstore chains. With approximately 2,500 stores in 19 states, we have a strong presence on both the East and West Coasts, employing more than 51,000 associates.

Fair Chance Act

Fair Chance Act Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Pursuant to the Los Angeles Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Pursuant to the California Fair Chance Act, we will consider qualified applicants with a criminal history. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if we identify a conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report. Find out more about the Fair Chance Act by visiting the Civil Right’s Department Fair Chance Act webpage.

For more detailed information around city/state required notices, click here to access a list of disclosures.

New Jersey Law Against Discrimination (LAD)

The New Jersey Law Against Discrimination (LAD) prohibits unlawful employment discrimination based on an individual's race, creed, color, national origin, nationality, ancestry, age, sex (including pregnancy), familial status, marital/civil union status, religion, domestic partnership status, affectional or sexual orientation, gender identity and expression, atypical hereditary cellular or blood trait, genetic information, liability for military service, and mental or physical disability (including perceived disability, and AIDS and HIV status).