Merchandise Planner

Holdings

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 plans in 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!

Five Below is an Equal Opportunity Employer.

BE AWARE OF FRAUD! Please be aware of potentially fraudulent job postings or suspicious recruiter activity by persons that are posing as a Five Below recruiters. Please confirm that the person you are working with has an @fivebelow.com email address. Additionally, Five Below does NOT request financial information or payments from candidates at any point during the hiring process. If you suspect fraudulent activity, please visit Five Below’s Careers Site at www.fivebelow.com/info/careers to verify the posting.

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