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    Merchandise Planner - New York, United States - Legends

    Legends
    Legends New York, United States

    6 days ago

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    Description
    LEGENDS

    Founded in 2008, Legends is a premium experiences company with more than 1,500 full-time and 30,000 seasonal team members globally. Legends has six divisions operating worldwide - Global Planning, Global Sales, Hospitality, Global Partnerships, Global Merchandise, and Legends IQ - offering clients and partners a 360-degree service solution platform to elevate their brand and execute their vision. Currently, Legends works with marquee clients across business verticals including professional sports; collegiate; attractions; entertainment; and conventions and leisure. We are the industry leaders in designing, planning and realizing exceptional experiences in sports and entertainment.

    THE ROLE

    Reporting to the Merchandise Buyer, the Merchandise Planner drives the sales plan through a consistent focus on studying the business, monitoring inventory and sales performance, and providing analysis necessary to bring in new products to fit the needs of the customer. They will track sales performance of existing products and assist in the determination of next steps; this includes developing in-season forecasts and future merchandise plans for a given gender / class.The Merchandise Planner will work closely with the Buyer to optimize store assortments and ensure that the merchandise financial targets are met including tracking and managing the open-to-buy sales and inventory. The role requires strong analytical skills, financial acumen, and knowledge of the Retail market to inform the retail buy plans and set financial goals for the company.The Merchandise Planner is responsible for reviewing stock to sales ratios, responding to changing sales trends, and ensuring plan sales, plan markups, and plan markdowns are achieved by departments.

    ESSENTIAL FUNCTIONS
    • Create seasonal/monthly plans and forecasts for sales, inventory and gross margin
    • Provide daily and weekly updates on business as it relates to the forecast, identifying trends and highlighting selling that exceeds or falls short of expectations
    • Manage and update monthly Open to Buy
    • Initiate and develop actionable analysis to recap business by class/vendor at a top line to create strategies to drive sales and profit
    • Recommend buys based on analysis of the business prior to market-based on sales, profitability and sell through's
    • Monitor flow of initial assortments as well as re-orders
    • Validate stock to sales relationships, maximize receipts flow to improve turnover
    • Manage store fixture, floor and backstock capacities by partnering with Store Team to ensure floor space is most profitable for the business
    • Monitor inventory levels and call out any potential risks by providing markdown suggestions based on seasonality, receipt date and inventory levels
    • Produce weekly reports recapping sales, inventory, gross margin versus LY and plan
    QUALIFICATIONS

    To perform this job successfully, the candidate must be able to perform each essential duty above at the highest levels. The requirements listed below are representative of the knowledge, skill, and/or ability required.
    • Bachelor's Degree preferred
    • 3-5 years' experience of full life-cycle merchandise analysis (forecast and in-season, through allocations) for a retail business
    • Experience in financial analysis and complex data analysis
    • Demonstrated interpersonal, written and verbal communication skills
    • Strong presentation skills and ability to speak effectively in front of a large group
    • Strong computer skills in Excel (macros, v-lookups, pivot tables, complex formulas, etc.)
    COMPENSATION

    Salary Range: $80,000-$90,000

    Competitive salary, commensurate with experience, and a generous benefits package that includes: medical, dental, vision, life and disability insurance, paid vacation, and 401k plan.

    Location: On-Site

    Legends is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, or genetic information.
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