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Five Below

Discount retailer selling trendy youth goods

Regional Planner

Inventory ManagementConfirmed live in the last 24 hours
Full-timePhiladelphia, PA, USANo salary listedHybrid

About the Job

Requirements

  • A bachelor's degree is required.
  • A minimum of two years of experience in merchandise buying, allocation, or planning is required.
  • Strong retail math acumen is required.
  • Proficiency in Microsoft Office Suite and strong computer skills are required.
  • Knowledge of retail industry functionality and products in the market is required.
  • The role requires the ability to work collaboratively in a team and make decisions based on study and evaluation.
  • The role requires written and verbal communication skills, presentation skills, strategic thinking, and active listening.
  • The role requires flexibility and the ability to work in a fast-paced environment.
  • The role requires organization, attention to detail, and the ability to work independently.
  • An entrepreneurial spirit to drive localized sales is required.

Responsibilities

  • Coordinate with the Manager of Regional Planning on special projects to drive regional sales.
  • Execute regional data analysis, validate analytical results, and recommend data-driven strategies to improve and maintain trends, with a focus on regional impacts such as weather and economic conditions.
  • Perform tactical execution and analytical data analysis, prepare and populate reports, and interpret and summarize findings.
  • Assist in developing hindsight processes and metrics to measure Store Planning effectiveness.
  • Assist in delivering new methods for store planning business analysis, process improvement, system efficiencies, and performance measurement to achieve work objectives.
  • Communicate key timelines, deliverables, and expectations to cross-functional team members in a timely manner.
  • Partner and collaborate with cross-functional teams to strategize, develop, and manage sales and margin opportunities.
  • Participate in company initiatives to evolve the Inventory Management, Store Planning, and Logistics organization.
  • Prepare and deliver presentations, lead meetings, and support training, documentation, and delivery for the Store Planning team.
  • Analyze sales at key locations and clusters; review, identify, and determine appropriate actions to maximize sales, gross margin, and inventory goals.
  • Evaluate current trends to adjust future plans, inventory, and order strategy.
  • Collaborate with buyers and planners to create optimal location-level allocations and establish store-grade assortments based on key analytics.
  • Provide input to Sales, Merchandising, and Supply Planning organizations in developing inventory strategies for existing items, new products, and product phase-outs.
  • Create, maintain, and analyze weekly and monthly sales and inventory reports.

Desired Qualifications

  • Knowledge of Power BI is a plus.
  • Proficiency in the Oracle planning system and JDA Allocation is strongly desired.

About the Company

Five Below

Discount retailer selling trendy youth goods

Five Below is a discount retailer that offers a wide range of trendy products and essentials aimed at pre-teens, teens, and young adults. Its products are priced primarily at $5 or less, with some items priced higher, and are refreshed frequently by sourcing goods globally to keep inventory up to date. Customers can shop in stores or online, with the experience designed to be fun and engaging. The company sells categories such as school supplies, fashion accessories, electronics, toys, games, and home decor. Its emphasis on ethical sourcing and compliance with human rights and labor practices guides supplier choices. Compared to competitors, Five Below emphasizes high-value, fashion-forward items at very low prices with a continuously rotating assortment that appeals to a younger audience. The goal is to provide affordable, on-trend products while delivering an enjoyable shopping experience and driving growth through both in-store and online channels.

Company size
10,001+
Company stage
IPO
Headquarters
Philadelphia, PA
Founded
2002

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