Chico's FAS

Sr Planner, Merchandise (Pipeline Only)

Chico's FAS • $80K — $95K *
Fort Myers, FL 33908In-Person
Retail & Consumer Goods
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree required, preferably in finance, operations, or business.
  • 5+ years of experience in retail merchandise planning or demand forecasting.
  • Strong problem-solving and analytical skills with proficiency in retail math and forecasting.
  • Ability to synthesize large data sets for informed business decision-making.
  • Exceptional communication and presentation skills for diverse audiences.
  • Proficiency in Excel and other relevant systems.
  • Demonstrated ability to build collaborative partnerships across functions.

Responsibilities

  • Collaborate with Merchants to develop pre-season sales and inventory plans.
  • Create projections and manage inventory flow for key items and collections.
  • Conduct analyses aimed at driving business goals, like hindsights and color-selling.
  • Forecast monthly and seasonal plans to stay within financial targets.
  • Assess strategy performance based on actual sales trends and adjust accordingly.
  • Recommend tactics to Merchants in response to market trends and performance.
  • Lead and prepare for Merchandise Review meetings while serving as a resource for the planning team.

Benefits

  • Opportunities for professional development and career advancement.
  • Collaborative work culture with cross-functional teams.
  • Engagement in strategic decision-making that drives brand success.
  • Exposure to larger volume or complex areas of business.
  • Possibility of supervising and developing junior planners.
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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