A retail buyer is responsible for purchasing merchandise such as clothes. Employees in this position need to have the ability to assess customer purchasing trends in order to predict future fashions. Boutiques and department stores require employees to work in this position
A retail buyer may be required to purchase merchandise for one department or for the entire store. Employees in this position need to constantly review economic and buying trends. The necessary skills include researching and marketing, and applicants should be computer literate.
Duties include establishing purchasing contracts and negotiating prices with suppliers. Buyers need to use their initiative to find new suppliers and to review existing suppliers. They need to ensure that they meet customer demands and that the products are of a high standard.
Communication skills are vital in order to liaise with other team members and suppliers. Formal qualifications are not always necessary although a degree in business or retail is advantageous. Salaries for this position range between £32,000 and £40,000 including benefits such as pension, medical and bonuses.