Chico's FAS

Sr Planner, Merchandise (Pipeline Only)

Chico's FAS • $95K — $115K *
Brooklyn, NY 11215In-Person
Retail & Consumer Goods
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, operations, or business required
  • 5+ years of experience in retail merchandise planning, demand forecasting, or inventory management
  • Strong analytical skills with a focus on retail math and forecasting methodologies
  • Proficient in making decisions based on limited information while synthesizing large data sets for actionable insights
  • Excellent communication and presentation skills for various audiences
  • Strong proficiency in Excel and other relevant systems
  • Ability to build collaborative cross-functional partnerships and influence stakeholders

Responsibilities

  • Partner with Merchants to develop pre-season sales and inventory strategies
  • Create projections and flow analysis for key items and collections
  • Conduct performance analysis to align with business goals
  • Forecast monthly and seasonal plans to meet financial targets
  • Develop and propose tactics to respond to current sales trends
  • Execute promotional and liquidation strategies while communicating updates
  • Act as a resource and leader for the planning team and cross-functional partners

Benefits

  • Collaborative work environment across multiple brands
  • Opportunities for career development and advancement
  • Engagement in cross-functional initiatives
  • Exposure to high-volume and complex business areas
  • Participation in critical financial decision-making processes
Full Job Description
POSITION OBJECTIVE:

This position is responsible for the development of annual, seasonal, monthly and weekly plans utilizing current sales and trend information. This position is primarily responsible for translating the Merchant's vision into viable plans and profitable results across Omni channels. This person will participate in key cross functional initiatives that align to the strategic goals of the brand. Areas of responsibility will be larger volume or more complex areas of business.

FUNCTIONAL RESPONSIBILITIES:
  • Partners with the Merchants on the development of pre-season sales, markdown, margin, sales and inventory.
  • Develops projections and inventory flow for key items/collections.
  • Provides other analysis related to driving business goals (e.g. hindsights, color-selling, etc.)
  • Forecasts monthly and seasonal plans, to ensure all orders fall within approved financial targets.
  • Analyzes and reacts to performance of strategy based on actual sales and current trend performance.
  • Partners with Merchant to develop and propose tactics in response to current business trends, such as:
    • Make recommendations for key financial meetings/decisions in order to maximize sales, margin and inventory productivity Monthly plan review process: develop sales, markdown, receipt and inventory re-forecasts
    • Manage and execute promotional and liquidation strategy
    • Communicate revisions within the team and cross functionally
  • Partners with cross functional teams to utilize seasonal selling curves by region, climate, and store attribute.
  • Exhibits initiative to look beyond the everyday business to look for opportunities to maximize sales potential
  • Prepares and participates in Merchandise Review meetings (MBR, seasonal hindsight)
  • Acts a resource and leader for planning team and cross functional partners.
  • May supervise and develop merchandise planner(s) and/or associate planner(s)


This position may be found in multiple brands. Some duties may vary from brand to brand.

QUALIFICATIONS:
  • Bachelor's degree required, preferably in finance, operations, or business
  • 5+ years of experience in: retail merchandise planning, demand forecasting; inventory management, allocation or replenishment; financial planning or financial analysis experience
  • Strong problem-solving and analytical skills; strong aptitude with numbers; retail math skills, understanding of forecasting methodology
  • Makes decisions with limited information but also able to synthesize large quantities of data to drive business decisions
  • Strong communication and presentation skills: concisely presents complex information/recommendations in terms meaningful to various audiences
  • System proficiency with strong emphasis on Excel
  • Builds collaborative partnerships cross-functionally; identifies/influences critical stakeholders

About Chico's FAS

Chico's FAS, Inc. is an American women's clothing and accessories retailer. The company was founded by Marvin and Helene Gralnick and is headquartered in Fort Myers, Florida. Chico's FAS operates three brands: its namesake Chico's, White House Black Market, and Soma. The company operates more than 1,500 boutiques and retail stores throughout the United States and Canada and sells merchandise through franchise locations in Mexico. Chico's FAS also has an online presence for each of its brands.
Learn more about Chico's FAS
Size
4,191 employees
Market Cap
$587.9 million
Industry
Retail & Consumer Goods
Net Income
-$360.1 million
5 Year Trend
-6.1%
Revenue
$1.3 billion
NASDAQ
CHS
* Ladders Estimates

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