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Retail Planner
2 months ago
Who You Are:
You are entrepreneurial, energetic, and have a can-do attitude. You are communicative, collaborative, and are results-driven. You are well organized, develop and manage relationships with our retail and buying partners while simultaneously adapting to the ever-evolving retail landscape and needs. You are ambitious in finding solutions and a supportive team member.
What You’ll Do:
- Support Director of Planning in developing seasonal OTB by store by category for full price stores and ecommerce; liaising with Director of Merchandising and Buyers as necessary. Ensure OTB ties to financial target and trends.
- Follow-through to ensure that OTB budgets once approved by President are updated and respected by Buying Team. Update President and Director of Planning on a timely basis on any requests made by Buying Team or HQ that could affect the OTB which has been approved locally.
- Manage all Carry Over orders within market as well as off market periods.
- Develop non-seasonal OTB (licensed product) quarterly; to ensure inventory supports the annual financial plan; liaising with Director of Merchandising and Buyers as necessary.
- Monitor seasonal and non-seasonal opportunities at SKU level. Review bestsellers with buyers weekly (including WOS report), and project reorder quantity at the size level in timely manner.
- Make recommendations for allocations/transfers at SKU level for stores.
- At the end of each season, identify categories with excess inventory to lead mark-down and movement to outlet analysis and decision.
- Provide in-depth analysis and reporting: Weekly & Monthly sales reports, sales by class, sell through, Bestsellers, WOS, etc.
- Prepare and issue daily/weekly reporting on Business Performance, including Sales Penetration, Best Sellers, Slow Sellers, Sales vs Plan, etc., with qualitative comments on key drivers, risk, and opportunities. Lead weekly business review meetings with the Director of Planning.
- For Full Price stores and Ecommerce, monitor receipts flow and pro-actively recommend strategies to maintain adequate inventory levels and achieve sales targets.
- Analyze current trends and historical data to identify risks and opportunities at the SKU level.
- Identify business opportunities through analysis, market research, analyzing sales performance, competition, and trends.
- Retail Planner is also responsible for developing the Retail and E-Commerce channel annual sales plans and ensuring alignment with the OTB plans.
- Retail Planner is also responsible for creating daily sales goals for each channel, based on monthly and annual goals.
You’ll Need to Have:
- 5+ years of retail planning and analysis
- Minimum Bachelor’s Degree
- High level of understanding of retail math and excel
- Strong analytical and creative problem-solving skills
- A detail-oriented nature (ability to prioritize/multitask)
- Strong communication skills and ability to interact confidently with senior executives
- Self-Motivation and proven ability to thrive in entrepreneurial environment
Capri Perks:
- Generous Paid Time Off & Holiday Schedule
- Summer Fridays
- Internal mobility across Michael Kors, Jimmy Choo, Versace
- Cross-brand Discount
- Exclusive Employee Sales
- Fav 5 Cards (MK Discount for friends and family)
- 401k Match
- Paid Parental Leave
- Thrive Wellness Program
- Commuter Benefits
- Gym Discounts
At Capri, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences. Capri is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. M/D/F/V
In compliance with certain Pay Transparency laws, employers are required to disclose a salary range. The salary for this position will vary based on role requirements, skill set and years of experience.
