Anne Costello
- Role
- Buyer at Payless
- Location
- Lawrence, KS, US
- LinkedIn followers
- 500 followers
About Anne Costello
Hi, I am Anne! I am a detail-oriented and results-driven professional with extensive…
Experience
Buyer
Mar 2007 — Present
During my role over here, I create financial plans, coordinate anticipated product life cycles, and evaluate promotional and exit strategies to streamline financial operations. Moreover, I orchestrate marketing efforts including critical features and promotions across various channels and regions/countries. In addition to this, I collaborate with global, cross-cultural, and cross-functional teams for implementing strategic initiatives to manage inventory, analyze sales data, and maximize sales potential. I also initialize product development process in coordination with internal product development team and external vendors to create compelling assortments for all channels. Furthermore, I oversee and manage associate and assistant buyers and facilitate onboarding and training of peers. I also utilize critical merchant tools to promote business services including OTB. One of my key tasks is to design additional tools to assist business management in Excel such as bottom-up sales planning tool, assortment planning tool, and various sales recaps. Some of my key contributions during this tenure include: Devised and implemented seasonal strategies to optimize sales and margin performance, fostering team alignment and delivering presentations to senior leadership. Drove consistent growth of website business with a yearly increase of +25% in sales from ship-from-store (SFS) orders. Formalized new product lines, such as leggings and slipper socks, generating annual sales of $3M and $1.5M, respectively. Introduced new business of slippers and expanded fixtures of wallets, driving additional revenue of $5M and $6M in sales. Renegotiated shoe care costs, producing an additional revenue of over $500K in annual margin.
Education
The University of Kansas
Bachelor of Science - BS, Secondary Education and Teaching
The University of Kansas
Bachelor of Arts - BA, Psychology
Skills
- Planograms
- Open to Buy Management
- Microsoft Office
- Direct Marketing
- Microsoft Word
- Marketing
- Microsoft Excel
- Management
- Outlook
- Cross-Functional Team Leadership
- Social Media
- Team Building
- Driving Results
- Retail Buying
- Apparel
- Fashion
- Visual Merchandising
- Fashion Buying
- Store Management
- Email Marketing
- Shoes
- Merchandising
- E-Commerce
- Private Label
- Leadership
- Online Marketing
- Multi-Channel Retail
- Inventory Management
- Trend
- Retail
- Product Development
- Trend Analysis
- Assortment
- Strategic Planning
- Time Management
- Handbags
- Product Assortment Planning
- Marketing Strategy
- Footwear
- Inventory Control
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