L brands

Assortment Planner

L brands$75K — $95K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business or related field
  • 4-7 years of experience in retail planning
  • Proficient in Microsoft Excel, Power Query, and Power Pivot
  • Strong analytical and communication skills
  • Leadership and decision-making abilities
  • Experience with MicroStrategy or similar systems
  • Familiarity with Power BI and Access preferred

Responsibilities

  • Generate and analyze performance data for merchandise assortments
  • Create and maintain tier targets in sales dollars and units
  • Develop financial recommendations for style and choice counts
  • Collaborate with merchants and visual teams for financial alignment
  • Coordinate with merchandise planning on financial and CC count
  • Establish financial benchmarks for style productivity
  • Analyze store tier data and recommend adjustments based on metrics

Benefits

  • Health, dental, and vision insurance
  • Retirement savings plan
  • Paid time off and holidays
  • Employee discounts
  • Professional development opportunities
Full Job Description
Your Role:

The Assortment Planner generates and analyzes statistical data with a focus on assortment, productivity, and space optimization. Responsibilities include creation and revision of tier/segment targets for a merchandise area in support of the critical business initiatives and budget objectives, develop a financial view of recommended style and choice count by tier, classification and attribute, and utilizes space productivity measurements to drive assortment decisions. The role also entails providing analytics to cross functional partners, to ensure the assortment architecture gets translated appropriately, impacting store ROI. Reports to the Assortment Planning Manager.

Your Impact:

  • Report and analyze current tier performance on a floor set, monthly and seasonal basis.
  • Create and maintain tier targets in sales dollars, units and margin at a category level in accordance with each buy milestone.
  • Create a financial view of assortment productivity by tier with recommended style and choice counts.
  • Partner with merchants and visual to align financial recommendation with visual presentation.
  • Partner with merchandise planning to align chain financial and CC count with tier financials and CC count.
  • Develop and maintain financial benchmarks of style/choice productivity by category.
  • Analyze store tier information, making recommendations by store based on volume and space, as well as maintain store lists reflecting store tier changes.
  • Review productivity and utilization by fixture and cabinet at the store / store tier level and make recommendations to maximize.
  • Champion change, taking risks as needed and demonstrating flexibility


Click here for benefit details related to this position.

Your Experience:

  • Bachelor's degree in Business related field
  • Minimum 4-7 years of experience in a retail planning discipline
  • Highly proficient in Microsoft Excel including Power Query and Power Pivot
  • Strong system skills capabilities and proficiency in MicroStrategy or similar program
  • Excellent analytical and communication skills
  • Strong organizational, prioritization and problem-solving skills
  • Demonstrated leadership and decision-making skills
  • Ability to work well within a matrixed environment
  • Proficiency in Power BI and Access preferred


About L brands

Bath & Body Works, Inc. is an American specialty retailer based in Columbus, Ohio. It owns Bath & Body Works, posted $11.9 billion in revenue in 2021, and was listed as 248 on the 2020 Fortune 500 list of largest United States companies by revenue. In February 2020, L Brands announced the planned sale of its Victoria's Secret division to Sycamore Partners, a private equity firm. Under the agreement, Sycamore Partners would gain a 55% controlling stake in Victoria's Secret while L Brands would keep a 45% stake, leaving Bath & Body Works to become L Brand's sole business. The sale fell through in May 2020, although Wexner did step down as CEO as planned, replaced by Andrew Meslow. In March 2021, L Brands announced it would spin off Victoria’s Secret as a stand-alone publicly traded company, and then change its name to Bath & Body Works, Inc.
Learn more about L brands
Size
2,800 employees
Market Cap
$22.2 billion
Industry
Net Income
$845.3 million
Founded
1963
5 Year Trend
-0.5%
Revenue
$11.8 billion
NASDAQ

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