Hiring: Merchandise Planner Company: Five Below Location: Philadelphia, PA Job Posted Time: 2026-09-11 13:06:27 Target Skills & Keywords : Financial Planning, Microsoft Excel, Microsoft PowerPoint About the job Experience: •3-5 years of experience in a retail or wholesale environment, including 2-3 as a planner •5 years of experience in a retail or wholesale environment, including 2-3 as a planner Required Skills: •Leverage corporate financial targets to develop seasonal sales, inventory, and margin plans by Department-Classification and store groups •Determine style-color and depth targets by attribute and store group for each area of business to support product selection in market •Manage SKU & style intensive category •Manage location intensive assortments •Develop sales forecasts and buy quantity estimates to determine the appropriate inventory levels for each product considering factors such as lead times, seasonality, and turn targets to optimize inventory investment •Open-to-Buy Management •Manage the open-to-buy (OTB) budget for a category of business, $50-150M, to ensure inventory investment funds sales and margin plans, adjusting as necessary •Inventory Management Qualifications: •Bachelor’s Degree •Demonstrated retail math and business acumen, including margin planning, sales forecasting, and inventory productivity measures •Excellent communication and collaboration skills to work with peers and partners •Demonstrated organizational skills with an attention to detail •Adaptable to feedback and pivot based on changing organizational priorities. •Demonstrated ability to work under pressure to meet deadlines while maintaining positive attitude •Resourceful with the ability to prioritize, problem-solve, and make decisions •Advanced proficiency in Excel, Word, and PowerPoint •Knowledge of PowerBI, Microstrategy, 09 MFP, and Oracle RMS a plus •Must be Philadelphia based or willing to relocate. Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!