Merchandise Planner, Outlet

At Theory, we create clothes that matter that empower and improve the way we live through exceptional fit, fabric, and style. In 1997, Theory was founded in New York on the simple idea that stretch fabrics in tailored clothing could change how we dress and live. Two decades later, we continue to perfect our offering of elevated wardrobe essentials for the ambitious, urban man and woman. From sourcing materials from the best mills in the world, to the innovation and craftsmanship at our atelier in New York's Meatpacking District, the integrity of our process is just as important as our final product.

In 2004, Theory was acquired by Fast Retailing, spurring the international expansion of the brand. Operating 440 stores worldwide, today Theory is a New York brand with a global mindset. Our customers dream big, achieve goals, and aim for perfection. So do we, and so do our clothes.

The Merchandise Planner, Outlet builds financial sales, gross margin and inventory plans for multiple departments in a given area on an item level basis. They will manage and plan merchandise inventory positions and markdown strategies to drive departmental sales, profit and sell thru objectives. The Merchandise Planner also provides in-season financial projections and strategies while identifying risks and opportunities to maximize profits.

Responsibilities:

• Build financial sales, gross margin and inventory plans at a weekly level at the item level
• Create pricing strategy by item that maximizes sales and gross profit
• Reforecast business in-season based on current performance, present revised projections and recommendations to cross functional partners and senior leadership
• Create allocation strategies, incorporating the merchandise plan and flow strategy to meet store inventory needs.
• Create and plan product assortments (item, color, size) for each product category
• Manage replenishment plans to ensure that sales are optimized and stores are without missing SKUs
• Place orders for both seasonal and replenishment product buys
• Collaborate with cross functional departments, ie. Marketing and Store Operations, to ensure success of product strategies

Qualifications:

• 4+ years of experience in Merchandise Planning
• Bachelor’s Degree in Finance, Business, Merchandising or related field
• High level of experience and proficiency in Excel
• Excellent problem solving and analytical skills
• Mathematical proficiency with strong business and financial acumen
• Superior written and verbal communication skills to effectively communicate across all levels of management
• Strong sense of teamwork to coordinate with many cross-functional partners
• High degree of accountability and attention to detail
• Ability to flex across shifting priorities
• Strong sense of urgency and accuracy

Salary: $90,000.00 to 100,000.00*

*The offered salary or salary range is based on several factors, including, but not limited to, overall experience, relevant experience, education level, certifications, applicable skills and expertise, and location of the position.

Equal Opportunity Statement:

As an Equal Opportunity Employer, Theory LLC does not discriminate against applicants or employees because of race, color, creed, religion, sex, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other status or condition protected by applicable federal, state, or local law.

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