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Merchandise Planner, Outlet Jobs
Company | Theory |
Address | New York City Metropolitan Area, United States |
Employment type | FULL_TIME |
Salary | |
Category | Retail Apparel and Fashion |
Expires | 2023-05-18 |
Posted at | 1 year ago |
In 1997 a pair of pants changed the way American women dress. Recognizing the need for clothes that felt great and fit perfectly, we developed an innovative stretch fabric that would dramatically improve a pant’s performance. These pants had the power to make women feel confident, smart, and stylish. Never before had American sportswear been so easy to wear to work and everywhere else.
When Theory for men was established, similar foundation principles were used, so that they, too, could get dressed in innovative, highly functional, and stylish clothes.
Our commitment to design, fit, and construction ensures exceptional comfort and quality. We source our materials from the best mills in the world and test every fabric for its hand-feel, durability, and design. Versatile, sophisticated, and easy to wear, our seasonal collections are designed with purpose.
The Fast Retailing acquisition of Theory in 2004 spurred global expansion of the brand; today, Theory operates 221 freestanding stores worldwide. The launch of e-commerce in 2010 and collaborative relationships with department and specialty stores continue to position Theory as a continually expanding international omnichannel phenomenon. We believe cool, expertly tailored pieces made from the best materials have the power to change the way we feel, improve the way we work, and inspire the way we live.
The Merchandise Planner, Outlet builds financial sales, gross margin and inventory plans for multiple departments in a given area on an item level basis. They will manage and plan merchandise inventory positions and markdown strategies to drive departmental sales, profit and sell thru objectives. The Merchandise Planner also provides in-season financial projections and strategies while identifying risks and opportunities to maximize profits.
Responsibilities:
- Reforecast business in-season based on current performance, present revised projections and recommendations to cross functional partners and senior leadership
- Build financial sales, gross margin and inventory plans at a weekly level at the item level
- Create allocation strategies, incorporating the merchandise plan and flow strategy to meet store inventory needs.
- Place orders for both seasonal and replenishment product buys
- Manage replenishment plans to ensure that sales are optimized and stores are without missing SKUs
- Create pricing strategy by item that maximizes sales and gross profit
- Collaborate with cross functional departments, ie. Marketing and Store Operations, to ensure success of product strategies
- Create and plan product assortments (item, color, size) for each product category
Qualifications
- 4+ years of experience in Merchandise Planning
- Mathematical proficiency with strong business and financial acumen
- Ability to flex across shifting priorities
- High level of experience and proficiency in Excel
- Strong sense of teamwork to coordinate with many cross-functional partners
- Superior written and verbal communication skills to effectively communicate across all levels of management
- Bachelor’s Degree in Finance, Business, Merchandising or related field
- Excellent problem solving and analytical skills
- Strong sense of urgency and accuracy
- High degree of accountability and attention to detail
Salary range: $85,000.00 -88,000.00*
*The offered salary or salary range is based on several factors, including, but not limited to, overall experience, relevant experience, education level, certifications, applicable skills and expertise, and location of the position.
As an Equal Opportunity Employer, Fast Retailing does not discriminate against applicants or employees because of race, color, creed, religion, sex, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other status or condition protected by applicable federal, state, or local law
For information regarding how we handle your personal information and to exercise your rights under the California Consumer Privacy Act, please see our Privacy Policy at Theory.com and Helmutlang.com.
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