Merchandise Planner

1 month ago

Philadelphia, United States Five Below Full time

At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff Just ask any of our over 17,000 associates who work at Five Below and they’ll tell you there’s no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.

It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace

QUALIFICATIONS: 

Bachelors Degree 

Minimum of 5 years of experience in Merchandise Planning 

Strong Retail Math acumen 

Excellent Computer skills, proficient in MS Office Suite and highly skilled in MS Excel

Proficient in planning and reporting systems, Microstrategy and Oracle experience is a plus

Experience forecasting sales, margin, and inventory

Should have the aptitude of working in a team and taking decisions based on study and evaluation 

Works well under pressure 

Excellent communication skills (written and verbal) 

Strategic thinking and active listening skills 

Flexibility and ability to work in a fast-paced environment

Must be organized, detail- oriented, and able to work independently 

JOB RESPONSIBILITIES: 

Pre Season Planning: 

Align with and make recommendations to Merchandising regarding seasonal flow strategies

Create sales, margin, and inventory plansin accordance with company goals

Work closely with Merchandising team to align on department strategies, buy plans, and key initiatives

Perform hindsight analysis to identify future sales driving opportunities

Collaborate with allocation partners to identify and action opportunities to increase sales and improve inventory use across store segments

Contribute plans to cross-department seasonal set financial recaps

Present financial analysis and forecasts to company leaders

In Season Planning: 

Be the owner of inventory strategy for area of responsibility, including:

Weekly reforecasting of sales, margin, and inventory for area of responsibility

Identify areas of sales risk/opportunity and work closely with Merchant partner to address

Communicate and align with stakeholders on forecast changes (Merchandising, Allocation, Planning Leadership)

Review and align on open to buy budget weekly with Merchandising partners

Collaborate closely with allocation partners in weekly meeting on store inventory levels

#LI-hybrid

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us

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