Merchandise Planner - LOFT

About Us

LOFT creates modern, feminine, versatile clothing for women with one common style goal: to look and feel confident wherever the day takes them. We empower women to find their authentic self-expression because feeling like yourself is always in style.

Here at LOFT, we're busy styling the careers and supporting the lives of everyday optimists just like you. Express your authentic self and experience endless inspiration, all while enjoying the opportunities and benefits that help you get the most from your career, life, and wardrobe.

About The Role

The Planner builds financial sales, gross margin and inventory plans for multiple departments in a given area. Manages and plans merchandise inventory positions and markdown strategies to drive departmental sales, inventory, profit and turnover objectives. Provides in-season financial projections and strategies. Identifies risks and opportunities to maximize profits. Drives and/or contributes to projects resulting in improved departmental systems and efficiencies.

The impact you can have

• 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
  

You’ll bring to the role

• 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.*
• The target salary range for this role is: $85,000 - $90,000
• Any job offer will consider factors such your qualifications, relevant experience, and skills. Eligibility of certain benefits and associate programs are subject to employment type and role.
• Hybrid: This position works in a hybrid model, with three days per week worked in the Times Square Tower corporate office location in New York, NY and two days per week worked remotely.
  
  

Applicants to this position must be authorized to work for any employer in the US without sponsorship. We are not providing sponsorship for this position.

Location:

Times Square Tower-ANN-New York, NY 10036

Position Type

Regular/Full time

Equal Employment Opportunity

The Company is an equal opportunity employer and welcomes applications from diverse candidates. Hiring decisions are based upon a candidate's qualifications as they relate to the requirements of the position under consideration and are made without regard to sex (including pregnancy), race, color, national origin, religion, age, disability, genetic information, military status, sexual orientation, gender identity, or any other category protected by applicable law. The Company is committed to providing reasonable accommodations for job applicants with disabilities. If you require an accommodation to perform the essential duties of the position you are seeking or to participate in the application process, please contact myHRSupport@knitwellgroup.com. The Company will make reasonable accommodations for otherwise qualified applicants or employees, unless such accommodations would impose an undue hardship on the operations of the Company’s business. The Company will not revoke or alter a job offer based on an applicant’s request for reasonable accommodation.