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Cato Corporation · 1 day ago

Merchandise Planner

Charlotte, NC

Full-time

Onsite

Entry, Mid Level

2+ years exp

Cato Corporation is seeking a Merchandise Planner responsible for the development, execution, and communication of financial plans for stores and e-commerce. The role involves managing sales projections, inventory, and markdowns while collaborating with merchant partners and providing strategic recommendations.

FashionLifestyleRetail

Responsibilities

Maintain weekly open to buy for assigned area of business to identify risks and opportunities by class

Project sales, markdowns and inventory

Manage receipt flow

Present open to buy to management monthly

Develop markdown criteria

Project e-commerce sales and markdowns for the division

Analyze sales for risks and opportunities

Provide merchant team with buy recommendations

Evaluate e-commerce performance by class and make recommendations to the merchant team

Quarterly analysis and hindsight

Provide quantitative analysis to teams for hindsight and strategy meetings

Analyze size selling for stores and e-commerce & provide updated recommendations as needed

Responsible for the end to end development of pre-season stores and e-commerce financial plans

Create month to month plans for stores and e-commerce at the class level

Collaborate with merchant partners to make recommendations based upon quarterly analysis; including localization, receipt flow and exit strategies for seasonal product

Present financial plans and high level strategies to management in quarterly meetings

Manage the forecasting and recommendations for replenishment items

Develop sales and inventory plans for key volume drivers and make recommendations to the merchant team

Manage assortment planning process

Partner with allocation team to set up monthly Assortment Tools for merchant team

Review and approve store clustering, style counts and average receipt units per store

Work with Director of Planning & Allocation and Senior Planner on special projects and analyses

Produce assigned division reports on a weekly/monthly basis, as well as departmental ad hoc reports

Develop and maintain relationships with cross functional teams

Qualification

Merchandise PlanningAllocationFinancial PlanningJDA Enterprise PlanningExcelCommunication SkillsOrganizational SkillsProblem Solving

Required

Bachelor degree required

2+ years experience in Merchandise Planning and Allocation

Previous retail planning experience required

Strong verbal, written, communication and mathematical skills

Strong organizational and time management skills

Strong detail orientation and problem solving ability

Proficient at Excel and Word

Preferred

Fashion Retailing or Business degree a plus

Proficient at JDA Enterprise Planning a plus

Company

Cato Corporation

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The Cato Corporation, a leading specialty retailer with corporate offices located in Charlotte, NC, operates under three concepts, “Cato”, “Versona” and “It’s Fashion”.

Founded in 1946

Charlotte, North Carolina, USA

5001-10000 employees