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Senior Buyer - Closeouts, Retail
Job in
Framingham, Middlesex County, Massachusetts, 01704, USA
Listed on 2026-02-21
Listing for:
Staples
Full Time
position Listed on 2026-02-21
Job specializations:
-
Retail
Merchandising, Retail Marketing -
Business
Job Description & How to Apply Below
Staples U.S. Retail is accelerating its off-price and closeout business, and we are seeking a Senior Closeout Buyer, Retail with deep experience operating in a fast-paced, opportunistic buying environment. This role is responsible for identifying, negotiating, and procuring high-value closeout deals that surprise and delight customers while driving strong financial results. You will cultivate vendor relationships, evaluate deal flow daily, and make rapid purchase decisions that support a true treasure-hunt retail experience in our stores.
This is a high-impact, high-visibility role for a merchant who thrives on agility, relationship-building, and the excitement of landing exceptional deals.
Key Responsibilities- Source, evaluate, and purchase closeout, excess inventory, and special-buy opportunities across multiple product categories.
- Make fast, well-informed buying decisions based on margin targets, brand value, quality standards, and store relevance.
- Partner with vendors, liquidators, manufacturers, and distributors to identify ongoing and one-time buying opportunities.
- Travel to vendor locations, trade shows, and marketplaces to assess products and negotiate deals.
- Build and maintain strong vendor networks to ensure a consistent pipeline of high-quality closeout offerings.
- Negotiate cost, terms, freight, quantities, and multi-load opportunities to deliver the strongest value for the business.
- Manage end-to-end deal flow—from discovery to purchase order to delivery into DCs and stores.
- Curate a compelling, ever-changing assortment that supports the treasure-hunt experience central to off-price retail.
- Balance branded opportunistic buys with core planned purchases to maximize customer excitement and sales productivity.
- Work closely with planning and allocation to ensure right quantities, flow, and in-store presentation.
- Own category financial performance including sales, gross margin, sell-through, turn, and targeted inventory levels.
- Analyze deal profitability quickly and accurately to ensure purchases meet financial thresholds.
- Manage OTB (Open-to-Buy) in a flexible, dynamic environment where deal flow changes daily.
- Partner with Store Operations, Marketing, Allocation, Inventory Planning, and Finance to support execution of off-price strategies.
- Influence partners to ensure fast movement from deal approval to store delivery.
- Support in-store presentation to highlight value, brand integrity, and the treasure-hunt experience.
- Develop and mentor junior buyers or merchandise specialists.
- Support cross-training in off-price buying practices, market trends, and negotiation strategies.
Skills & Qualifications
- Bachelor’s Degree in business, marketing or operations OR equivalent work experience.
- 6+ years of experience in off-price, opportunistic, closeout, or liquidation buying.
- Proven ability to evaluate deal profitability in real time and negotiate aggressively but strategically.
- Demonstrated success managing vendor relationships and securing high-value branded buys.
- Strong financial acumen with expertise in margin analysis, deal modeling, sell-through management, and Open-to-Buy ownership.
- Ability to thrive in a fast-paced, ambiguous environment with shifting priorities.
- Deep understanding of customer value perception within off-price retail.
- Experience purchasing across multiple categories (general merchandise, housewares, stationery, seasonal, consumables, etc.).
- Advanced negotiation training and experience handling multi-truckload or multi-million-dollar purchase commitments.
- Strong market intelligence: brand cycles, excess inventory patterns, supply chain trends, and off-price competitive landscape.
Position Requirements
10+ Years
work experience
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