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Loft

Women's fashion retailer with online and stores

Merchandise Planner - Omni-Channel

Inventory ManagementConfirmed live in the last 24 hours
Full-timeHingham, MA, USA$85k - $90k

About the Job

Requirements

  • A bachelor's degree is required.
  • Five to seven or more years of planning experience, including knowledge of buying and allocation, is required.
  • Experience with a planning system is required; experience with JDA, Oracle, or SAP is preferred.
  • Strong proficiency in Microsoft Excel is required.
  • Stores and/or direct experience is required; omnichannel experience is preferred.
  • A functional understanding of the retail or vertical business process is required.
  • Ability to solve complex problems, drive resolution with cross-functional teams, and present clear ideas and direction to others is required.
  • Strong communication skills and attention to detail are required.
  • Experience with or a strong ability to learn reporting and data warehousing tools is preferred.

Responsibilities

  • Strategize with Company Planning, Allocation, and Merchandising partners to achieve financial goals and obtain buy-in from the Manager and VP of Planning and partners on the Merchandising leadership team.
  • Drive omnichannel merchandise planning activities, including developing financial sales, gross margin, and inventory plans for assigned departments.
  • Reforecast open-to-buy weekly to reflect trends, align with company direction, and address risks and opportunities.
  • Assess pre-season and in-season product-mix performance for sales and inventory at the department, class, and style/color levels.
  • Identify product-mix issues and opportunities and use analytics and creative problem solving to drive profitable solutions.
  • Recommend markdown liquidation strategies to maximize omnichannel profitability.
  • Ensure alignment of top-down and bottom-up style/color plans with merchandising strategies and financial targets.
  • Partner with cross-functional teams to maximize omnichannel profitability.

Desired Qualifications

  • Planning system experience with JDA, Oracle, or SAP is preferred.
  • Omnichannel experience is preferred.
  • Experience with or a strong ability to learn reporting and data warehousing tools is preferred.

About the Company

Loft

Women's fashion retailer with online and stores

Loft is a women's fashion retailer that sells casual, feminine clothing through online and 500 physical stores. It offers products like pants, dresses, sweaters, blouses, denim, skirts, suits, and accessories, with size inclusivity such as petites, tall, and maternity options. The company runs through direct sales and a loyalty program (ALL Rewards) to encourage repeat customers and higher lifetime value. Loft ships internationally to over 100 locations. The business model focuses on accessible pricing and style, aiming to reach a broad audience with multi-channel shopping and inclusive sizing.

Company size
1-10
Company stage
Growth Equity (Non-Venture Capital)
Total funding
$4.2M
Headquarters
New York City, New York
Founded
2019

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