LOFT · 1 month ago
Merchandise Planner - LOFT
New York, NY
Full-time
Hybrid
Mid Level
$85K/yr - $90K/yr
3+ years expLOFT creates modern clothing for women and empowers them to express their authentic selves. The Merchandise Planner will build financial sales and inventory plans, manage merchandise inventory, and identify risks and opportunities to maximize profits.
Retail
No H1B
Responsibilities
Build financial sales, gross margin and inventory plans at a weekly level on a seasonal basis
Reforecast business in-season based on current performance, present revised projections and recommendations to cross functional partners and senior leadership
Develop, consolidate and communicate a comprehensive pre-season planning strategy that identifies opportunities and risks in all areas of responsibility
Strategize, develop and present seasonal key item plans that support sales and GM goals
Analyze: Promotional effectiveness and make future recommendations Performance in season and make markdown or chase recommendations
Identify and communicate potential inventory liabilities and drive appropriate actions to resolution
Partner with cross-functional teams to communicate division level financial merchandising plans and merchandise strategies to support the financial objectives
Work with Merchandising Team to develop promotional strategies to maximize profitability
Participate in: All aspects of line building process with Merchandising Lead or participate in department projects to improve systems or efficiencies Development of processes that build efficiencies and streamline work streams
Qualification
Required
BA or equivalent, and 3-5 years of retail buying, planning or financial analysis experience
Results driven; strategic, conceptual and innovative thinker
Expert command of retail math concepts, applications and statistical analysis
Detail-oriented, with excellent follow-through skills
Strong analytical, verbal and written communication skills
Ability to develop realistic work plans, goals and schedules
Ability to work productively in a team environment
Proficient in Microsoft Office applications
Benefits
You will be eligible to receive a merchandise discount at select KnitWell Group brands, subject to each brand’s discount policies.
Support for your individual development plus opportunities for career mobility within our family of brands.
A culture of giving back – local volunteer opportunities, annual donation and volunteer match to eligible nonprofit organizations, and philanthropic activities to support our communities.
Medical, dental, vision insurance & 401(K).
Employee Assistance Program (EAP).
Time off – paid time off & holidays.
Company
LOFT
For 25 years, LOFT has been the go-to brand for optimistic and versatile style—clothing, jewelry, shoes, and accessories—that aspires to bring joy and confidence to women everywhere, every day.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Dominick Reis
SVP - Chief Accounting Officer
Jennifer Girvan
Senior Manager, PR & Influencer Partnerships
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