Foot Locker

Merchandise Planner (Men's Footwear) - WSS

Foot Locker$90K — $125K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of retail planning experience required
  • High School diploma or equivalent; Bachelor's degree preferred
  • Proficient in Excel and Word
  • Excellent presentation and leadership skills
  • Strong knowledge of retail math and metrics like OTB, sell-through, turnover, and margin

Responsibilities

  • Develop pre-season sales and margin plans based on historical data and trends
  • Manage area OTB to adjust stock levels according to sales trends
  • Re-forecast sales and margin weekly and engage in collaborative meetings
  • Control Ladder Plans to maintain stock levels for key items
  • Utilize Business Intelligence tools for reporting and ad-hoc analysis
  • Analyze size trends to optimize size runs for distribution
  • Present performance evaluations and strategies to management

Benefits

  • Paid Time Off and Paid Parental Leave
  • Comprehensive Life, Medical, Dental, and Vision Coverage
  • Self-Development and Recognition Programs
  • Career Advancement Opportunities
  • 401k Retirement Plan with HSA Contributions
  • Employee Discounts of 30%-50%
  • Community Engagement Opportunities
Full Job Description
Overview

The Merchandise Planner is responsible for developing and maintaining strategic plans by brand or category that drive sales for a particular area of the business. By partnering with the Buyer, producing meaningful analysis, and accurately forecasting, the Merchandise Planner's goal is to maximize opportunities and minimize risks. In addition, the Merchandise Planner will lead special projects and mentor junior teammates in the department.

Responsibilities

  • Develop and communicate pre-season sales, stock, and margin plans by brand or category based on historical data and current trends that support total company objectives.
  • Manage area OTB to maintain appropriate stock levels, capitalize on emerging sales trends, and guide receipt flow to ensure volume driving product is received in timely manner.
  • Re-forecast (sales, margin, and turn) OTB on a weekly basis and conduct weekly meetings with buyers and allocators to discuss current business and plans of action as a team.
  • Manage Ladder Plans for key items within area of responsibility to ensure appropriate stock levels are met throughout the year.
  • Leverage Business Intelligence tools to develop relevant reporting and meaningful ad-hoc analysis to support buying team during pre-season and in-season time periods.
  • Analyze size selling by market in order to determine appropriate size runs for orders shipped to distribution center.
  • Present category performance and go-forward strategies to management and entire Merchandising department with concise recaps and sound action plans.
  • Partner with Buyer and develop seasonal business plans that lay groundwork to achieve plan results through identifying growth, maintain, and down-trending brands or categories.
  • Use experience and creativity to address business issues or opportunities; recommend thorough plans of action.
  • Work closely with Buyers and Allocators to react to any opportunities or risks uncovered at the store level.
  • Take ownership of special projects and relay conclusions or strategies to management.


Qualifications

EDUCATION and/or EXPERIENCE REQUIREMENTS:
  • Minimum of 5 years retail planning experience.
  • High School diploma or equivalent required; 4-year college degree (bachelor's degree) school is preferred.
  • Strong computer skills; particularly Excel and Word.


COMMUNICATION SKILLS:
  • Must be comfortable leading presentations and meetings pertaining to area of responsibility.
  • Excellent interpersonal skills and ability to lead.


MATHEMATICAL SKILLS:
  • Strong Retail Math knowledge is a must. Candidate must understand all elements of OTB, as well as calculations for all metrics (sell-through, turnover, margin, AUR, etc.)


REASONING ABILITY:
  • Ability to define problems and recommend plans of action using factual information.
  • Strong analytical skills


OTHER SKILLS and ABILITIES:
  • Ability to remain flexible, prioritize, and respond to changing requests from management and cross functional team.
  • Ability to effectively communicate with all levels of staff and management.
  • Be an independent and self-motivated team player.


At Foot Locker, we value innovation, authenticity, and integrity in all that we do. To uphold the security and fairness of our hiring process, we ask that candidates refrain from using AI tools, including ChatGPT, during interviews and assessments. To ensure a smooth and secure experience, please review the following guidelines:
  • Cameras must be on for all virtual interviews.
  • AI tools are strictly prohibited during interviews or assessments.

We appreciate your understanding and cooperation as we work together to create a transparent and equitable hiring experience.

Benefits

The annual base salary range is $90,000 - $125,000 / year. This range represents the anticipated low and high end of the salary for this position. Salary will be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data. Salary is one component of the Foot Locker, Inc. total compensation package, which includes the below.
  • Paid Time Off, Paid Parental Leave
  • Life, Medical, Dental, and Vision Coverage - Individual and Family Plans
  • Self-Development & Recognition Programs
  • Advancement Opportunities
  • 401k Retirement Plan and HSA Contributions
  • 30%-50% Employee Discount - Friend & Family Events
  • Community Engagement Opportunities

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required.

This is a hybrid position with in-office work on Monday, Wednesday, and Thursday in our Gardena, CA office.

About Foot Locker

Foot Locker, Inc. is a global retailer of shoes and apparel, operating 3,473 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand as of February 1, 2014. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailers whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, SIX:02, as well as the retail stores of Runners Point Group, including Runners Point, Sidestep and Run2. The Direct-to-Customers segment includes Footlocker.com, Inc. and other affiliates, including Eastbay, Inc., CCS, and Tredex, which sells to customers through Internet Websites, mobile devices, and catalogs.

Foot Locker Careers

Join the dynamic team at Foot Locker, a leading global retailer of athletically inspired shoes and apparel. At Foot Locker, we empower our employees with unmatched opportunities for career growth and leadership development in the retail industry. Work You’ll Do Become a part of Foot Locker’s vibrant culture by joining our diverse team. We are committed to innovation, leadership, and excellence in every aspect of our business. From sales to corporate functions, Foot Locker offers a variety of job opportunities that allow you to bring your passion and creativity to our team. Transform your career with Foot Locker, where we value diversity and are dedicated to fostering an inclusive environment. We believe that our team’s varied perspectives and experiences are crucial to our success. Lead with Confidence Step into a role that challenges you, fosters your professional growth, and puts you on the path to leadership. At Foot Locker, you’ll work alongside industry leaders and seasoned professionals who are eager to share their knowledge and experience. Work with a team that’s as passionate about the success of the company as they are about each individual’s career advancement. Foot Locker offers extensive training and development programs, including diversity training and leadership workshops, to help you reach your full potential. Innovative Opportunities Engage in work that matters with a company that’s at the forefront of the retail industry. Foot Locker is constantly innovating to meet the ever-changing needs of our customers and to stay ahead in a competitive market. Our employees enjoy a range of benefits that support their personal and professional lives, including health, dental, and vision insurance, employee discounts, and flexible working arrangements. Internship Programs Kickstart your career with a Foot Locker internship. Gain invaluable industry experience, develop your skills, and build your professional network. Our internships offer a real-world glimpse into how a major retail company operates, providing you with the tools needed to succeed in your future career. Join Our Team Explore the employment opportunities at Foot Locker and find the position that matches your skills and ambitions. We are always looking for curious, driven, and innovative team players who are ready to make an impact. Stay Connected Keep up to date with the latest company news, hiring events, and career tips by visiting our Foot Locker Careers page. Customize your job alerts to receive updates on positions that interest you the most. Apply Today Ready to take the next step in your career? Submit your resume, prepare for your interview, and join a company that’s committed to your growth and success. Search Foot Locker jobs now and discover how you can contribute to our dynamic team. Foot Locker is not just a company; it’s a place where you can grow, innovate, and lead. We look forward to welcoming you to our team and helping you achieve your professional goals.
Learn more about Foot Locker
Size
16,555 employees
Market Cap
$3.3 billion
Industry
Net Income
$323 million
Founded
1974
5 Year Trend
+2.9%
Revenue
$7.5 billion
NASDAQ

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