What are the responsibilities and job description for the Merchandise Planner position at J. Crew Group, Inc.?
Our Story
At Madewell, we believe that great style starts with great design. Since 2006, we’ve been creating premium denim and foundational wardrobe pieces for men and women that balance quality, authenticity, and versatility. From iconic jeans perfected by denim experts to the essential tee, the most versatile shoe, and the timeless leather bag—if it’s Madewell, it’s made well.
Our dedication to Diversity, Equity, Belonging & Sustainability has been celebrated with industry recognition, reflecting our commitment to fostering an inclusive and sustainable workplace.
The Role Purpose :
Collaborate with Merchants and Allocators on preseason and in season plans to align on sales and inventory strategies. Provide team with diagnosis of the business and own suggested course of action.
PRESEASON
Create preseason sales, margin and inventory plans by department, class, style, and color. Analyze and report on previous quarter results; identify “missed sales” and growth drivers over prior year
Summarize the opportunity and risk of a product plan as it relates to trend and financial metrics: initial mark-up, average unit retail, average unit cost, net margin dollars/rate.
Recommend style count, cc count and flow of goods for optimal results.
Independently develop and present the financial strategy associated with growth and diminish categories in quarterly investment review meetings.
Effectively communicate support for style level buys as it relates to current trend, historical findings, or related categories.
IN SEASON
Provide daily and weekly updates on business as it relates to last forecast, identifying trends, and highlighting selling that exceeds or falls short of expectation.
Prepare sales, margin and inventory forecast and lead team in monthly OTB forecast meetings for current year; provide sales trend opportunity for future quarters, validate stock-to-sales relationships, maximize receipt flow to improve turn, reconcile receipts and suggest pricing strategies to drive profitability.
Generate and manage style level weekly unit sales plans in season to inform total department sales expectation by week/month/quarter and identify styles contributing to a /- to forecast.
Propose markdown and promotional strategies to maximize profitability on the life of an item or category; provide pricing and margin dollar gain/loss scenarios.
Qualifications:
Bachelors degree
3 year s of merchandise planning experience ; a total of 4-5 years of related experience in allocation, merchandising, financial planning, strategy or business analytics
Strong analytical, financial modeling, and problem-solving skills.
Ability to synthesize business performance into key highlights, root cause analysis and action plans.
We welcome you to apply, even if you don't check all the boxes. Our passion is scouting life-long learners who are driven by curiosity, and who feel connected to our brands and share our desire to make an impact. We’re always seeking bright new talent who leverage their unique experiences to discover, grow and evolve with our teams.
Benefits Perks
Health & Well-being - Eligible associates and family members receive medical, dental, prescription and vision insurance, family planning (fertility, adoption & surrogacy support), fitness discounts, medical travel and more.
Associate Discount - We love our products just as much as you do! That’s why we offer a great associate discount across all of our brands (J.Crew, J.Crew Factory, and Madewell).
Summer Fridays - In addition to our hybrid work model, we also close our office at 1:00 PM every Friday during the Summer months.
Community Impact - We support the communities where we live and work through our philanthropic efforts and the J.Crew Cares Program.
Winter Break - In addition to our PTO package, J.Crew Group offers a winter break at the end of December to eligible full-time associates at the Home Office to provide time to refresh and recharge.
Note: Availability of these benefits and perks may be subject to work location & employment type and may have certain eligibility requirements.
Salary Range: $80,800.00 - $100,400.00At J.Crew Group (JCG) we aim to pay competitively for our company’s size and industry. The base salary offered will take into account internal equity and may vary depending on the candidate’s geographic region of work premises, job-related knowledge, skills, and experience among other factors. The base salary is just one component of J.Crew Group’s competitive total rewards strategy that also includes the opportunity for bonus, competitive benefits and perks.
One of our core focuses here at JCG is creating a community and culture that builds belonging. We are deeply committed to our Diversity, Equity and Inclusion efforts, and we warmly welcome job applicants of all backgrounds.
JCG is proud to affirmatively provide equal opportunity to all associates and qualified applicants without regard to race, color, religion, national origin or citizenship, age, sex, marital status, ancestry, legally protected physical or mental disability, veteran status, gender identity, sexual orientation or any other basis protected under applicable law.
Salary : $80,800 - $100,400