Sr. Planner jobs in United States
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Five Below · 10 hours ago

Sr. Planner

positionPhiladelphia, PA 19106
timeFull-time
remoteOnsite
senioritySenior Level
date5+ years exp

Five Below is a dynamic retail company focused on providing an amazing experience filled with unlimited possibilities. The Sr. Planner will leverage financial targets to develop sales and inventory plans, manage assortments, and analyze performance to optimize profitability.

RetailSalesShopping
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H1B Sponsor Likelynote

Responsibilities

Leverage corporate financial targets to develop seasonal sales, inventory, and margin plans by Department-Classification and store groups
Determine style-color and depth targets by attribute and store group for each area of business to support product selection in market
Manage SKU & style intensive category
Manage location intensive assortments
Develop sales forecasts and buy quantity estimates to determine the appropriate inventory levels for each product considering factors such as lead times, seasonality, and turn targets to optimize inventory investment
Manage the open-to-buy (OTB) budget for a category of business, $50-150M, to ensure inventory investment funds sales and margin plans, adjusting as necessary
Manage inventory levels and receipts to ensure optimal stock vs. sales levels, monitoring in season to minimize stockouts and overstocks
Manage markdown and MOS budgets to balance inventory ownership and margin objectives
Collaborate with key partners to identify pricing and liquidation opportunities to manage the transition of products
Analyze sales performance and make recommendations for pricing adjustments, promotions, and markdowns to optimize profitability
Analyze sales, inventory, and margin performance to assess the effectiveness of merchandising strategies and identify areas for improvement, providing insights and recommendations to Buyers for optimizing assortment and inventory levels
Leverage weekly business insights to understand item level performance to maximize in season opportunities, minimize liability, and inform future seasons
Generate regular reports and analysis to provide insights into sales, inventory, and profitability metrics to senior management
Test multiple business strategies simultaneously, quantifying & communicating business impacts and be able to report results clearly and concisely to Executive management
Create and maintain alignment among peers on merchandising and allocation teams on forecast changes and inventory strategies
Participate in regular meetings and strategic discussions to provide input on merchandise planning strategies
Grow and develop Associate Planner, providing appropriate opportunities for training, career development, and talent retention

Qualification

Retail planning experienceSales forecastingInventory managementAdvanced Excel proficiencyRetail math skillsPowerBI knowledgeOracle RMS knowledgeCommunication skillsTime managementInterpersonal skillsOrganizational skillsLeadership skills

Required

5-7 years of experience in a retail or wholesale environment, including time spent as a planner
Bachelor's Degree
Demonstrated retail math and business acumen, including margin planning, sales forecasting, and inventory productivity measures
Excellent verbal and written communication skills, including ability to present complex information in a clear and compelling manner
Peer leader capable of creating alignment among cross-functional stakeholders by building strong business cases and driving execution
Attention to detail and strong time management, organizational, and interpersonal skills
Ability to manage multiple priorities in a fast-paced environment
Advanced proficiency in Excel, Word, and PowerPoint

Preferred

Knowledge of PowerBI, Microstrategy, 09 MFP, and Oracle RMS a plus

Benefits

Health coverage
Financial and personal wellness

Company

Five Below

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Five Below, Inc. operates a chain of retail stores in the United States. It offers sporting goods, games, wearables and jewelry,
dateFounded in 2002
location
Philadelphia, Pennsylvania, USA
people-size10001+ employees
web-link
http://www.fivebelow.com

H1B Sponsorship

Five Below has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (13)
2024 (5)
2023 (13)
2022 (15)
2021 (7)
2020 (3)

Funding

Current Stage
Public Company
Total Funding
$211M
Key Investors
Advent International
2012-07-19IPO
2010-10-29Private Equity· $194M
2008-09-15Private Equity· $17M

Leadership Team

T
Thomas G. Vellios
Founder and CEO
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K
Kenneth R. Bull
COO at Five Below
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Recent News

PR Newswire
Five Below Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Five Below, Inc. - FIVE
2026-01-20
The Motley Fool
I Predicted Five Below Stock Would Bounce Back in 2025. Here's Why I Wasn't Nearly Bullish Enough.
2026-01-19
Retail Dive
Five Below CEO Winnie Park reflects on one year at the helm
2026-01-16
Company data provided by crunchbase