Five Below

Sr. Director, DMM - Beauty & HBA

Five Below • $120K — $150K *
Philadelphia, PA 19120Hybrid
Retail & Consumer Goods
Less than 5 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • 5+ years of experience in merchandising or a related field
  • Proven ability to lead and develop a buying team
  • Strong negotiation skills with vendors
  • Experience in market research and product assortment
  • Ability to identify and act on trending products
  • Expertise in managing financial goals and price point strategies

Responsibilities

  • Lead the development of product lines to deliver high-value merchandise
  • Select trend-leading products to meet financial targets
  • Cultivate relationships with vendors to introduce exciting new items
  • Provide leadership and direction to the buying team
  • Negotiate favorable terms with suppliers
  • Collaborate on product development and store integration
  • Conduct market research to identify products aligned with target demographics

Benefits

  • Comprehensive health coverage
  • Financial wellness programs
  • Support for personal wellness initiatives
  • Access to a variety of employee perks
  • Potential for professional development opportunities
Full Job Description


RESPONSIBILITIES:
  • Lead the development and assortment of specific category and product lines to deliver merchandise with great value
  • Select and deliver the trendiest product while achieving financial goals and staying within specific price points
  • Develop relationships with current as well as new vendors to capitalize on the hottest trends and deliver the most exciting new merchandise
  • Provide leadership and direction for your buying team
  • Negotiate favorable terms and conditions with all vendors
  • Work with other members of the merchandising group on product development and implementation into existing store schemes
  • Perform in depth market research to identify the hottest product for the target audience


QUALIFICATIONS:
  • A minimum of 6 - 8 years of buying experience in a multi-channel retail organization
  • Proven leadership in people development and team management with 5+ years of experience
  • Must have significant knowledge of product development, category management, planning, distribution, inventory management, and domestic and overseas manufacturing
  • Bachelor's degree required
  • Strong experience in managing projects, including complex and cross-functional projects
  • Demonstrated problem-solving, analytical and negotiating skills
  • Highly organized and able to adapt to quickly changing priorities with a sense of urgency
  • Must possess a demonstrable knowledge of evolving business/social/and trends
  • Analytical and Data-Driven
  • Proficiency in MS Office Suite
  • Entrepreneurial team player and cross-functional leader
  • Must be willing to travel
  • Ability to embrace 5 core company values
  • Demonstrate ability to excel in a fast-paced environment while adopting mentality of "let go & have fun"
  • Must be Philadelphia based or willing to relocate to the Philadelphia area


Explore our benefits site to discover all the perks and support we offer! From health coverage to financial and personal wellness, we've got you covered-check it out today! benefits.fivebelow.com/public/welcome

About Five Below

Five Below is a discount store chain that sells products that cost up to $5. The company was founded in 2002 by David Schlessinger and Tom Vellios. The company's target market is teenagers and pre-teens, but it also has products for adults. The company has over 1,000 stores in 38 states. The company's revenue has been steadily increasing over the years, and it has been expanding its store count. The company went public in 2012.
Learn more about Five Below
Size
6,100 employees
Market Cap
$9.6 billion
Industry
Retail & Consumer Goods
Net Income
$109.8 million
Founded
2002
5 Year Trend
+23.3%
Revenue
$1.7 billion
NASDAQ
FIVE
* Ladders Estimates

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