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Retail Brand Alliance, Inc Store Planner, North America in New York, New York

Store Planner, North America

Job#:510941

Positions:1

Posted:07/15/2019

Job Type:Full Time

Location:New York, NY (Corporate Office)

Department:Store Planning

Category:Planning & Allocation

Salary:Salary

Benefits:Full Benefits

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Job Description

As the country’s oldest clothing retailer, Brooks Brothers is proud to uphold the same traditions and values for nearly two centuries. We believe these are the reasons why our customers consider us to be far more than a store. Brooks Brothers has been an American icon since 1818. In 1915 our present ten-story flagship store opened at 346 Madison Avenue near New York’s most prominent social organizations, including the Harvard and Yale Clubs and the New York Yacht Club. Almost 100 years later we continue to dress ladies and gentleman of all generations and cultivate long term relationships with our loyal clients. Our stores represent our respect for our heritage and vision to be the premiere lifestyle destination. We continually strive to make this a great place to work with a strong emphasis on career development and associate satisfaction. We are consistently devoted to championing both our people and the Brooks Brothers Brand.

The diversity of our operations has recently created an opportunity for a Store Planner located at our New York offices. The Store Planner will be responsible for the strategic and tactical elements of supporting Brooks Brothers stores (Retail and Factory) that focus on maximizing profitability by optimizing product assortments and inventory levels. The Store Planner will collaborate with District Managers and Store Managers to consistently monitor product performance and drive positive results for store sales and margin KPIs. The Store Planner will convey field information back to the rest of the central business planning team to improve overall product plans and business opportunities.

Accountabilities:

Store Planning

  • Create and maintain store level plans including sales, margin and inventory

  • Monitor store performance against plans and initiate corrective actions in case of any potential deviations

  • Assortment management and execution to ensure stores have appropriate assortment mix (product/fit/sizes) to merchandise store in line with customer preference and store space

  • Provide space brokering recommendations by store to maximize assortment and inventory productivity

  • Provide reporting tools in support of store and field communications

  • Guide in-season store assortment mix changes due to sales and inventory trends

  • Influence optimal store space allocation based on store level selling patterns aligned with overarching merchandising strategies and adjacencies

  • Support sales and productivity analysis for stores, programs and key fixtures

  • Review market basket reporting to help influenceadjacencies as it pertains to key categories or styles

  • Measure productivity of key fixtures and determine optimal placement of product based on productivity

  • Support new stores assortments and inventory,relocation and closings

  • Support store by store planning of new product initiatives

  • Support local promotions and events

Field Collaboration

  • Provide special interface to RM and DM field partners for inventory, assortment questions and business strategy insights

  • Communication and Travel to identify store/market insights, inventory opportunities, identify assortment bias and solicit for assortment feedback, and build relationships

  • Identify store specifics in market and gather qualitative feedback to provide context to the numbers

  • Gather information about customer, demographics, neighborhoods, local competition and local opportunities

  • Ensure store feedback and deliverables are shared with cross functional partners and actions are taken to achieve desired outcome

  • Support Inventory Management function by filtering store feedback to determine where inventory opportunities exist and identifying how to action; educate field partners on inventory strategies

  • Attend project meetings and provide required store support

  • Act as main point of contact for stores to the Business Planning function

Inventory Management

  • Develop detailed by-store, by-category inventory targets which align with stretch targets determined by Finance

  • Partner with Merchandise Planning and Inventory Allocation management team to develop most effective process for ensuring each store receives distorted inventory to target and appropriate preference in constraint situations

  • Continually recommend target refinements and/or inventory management best practices which seek to minimize additional markdowns as a result of inventory distortion

  • Ensure executive alignment to inventory approach monthly

  • Perform pre-optimization profile and size curve analysis for new stores

  • Ensure best-practice application continually supports stores

Skills/Requirements

Preferred Experience & Technical Proficiencies:

  • Bachelor degree in business, finance, statistics, operations, or supply chain areas

  • An entrepreneurial mindset that includes a curiosity to improves business acumen

  • 3+ years of multi-location inventory management experience

  • Relevant experience in Merchandise/Demand/Space Planning, Finance, or Store Operations is a plus

  • Excellent time management, leadership and decision making skills

  • Ability to think strategically by continuously improving overall business process

  • Ability to manage execution by assigning responsibilities, delegating appropriately and removing obstacles

  • Strong collaboration skills to negotiate effectively across organizational boundaries

  • Ability to provide, explain and discuss information related to inventory management at the right level of detail and complexity for the target audience

  • Maintain clear focus on client needs

  • Build business strategies and plans

  • Must possess project management and problem solving capabilities

  • Strong computer skills with ability to manipulate large amounts of date

  • Must be able and willing to travel

Brooks Brothers is proud to offer our Associates competitive compensation, a fulfilling work environment, unique and special benefits and a wide range of opportunities for personal and professional development.

We invite you to submit your cover letter and resume for immediate consideration.

Best Regards,

The Talent Acquisition Team of Brooks Brothers

It is the policy of Brooks Brothers to ensure equal employment opportunities to all qualified persons without regard to race, gender, religion, age, national origin, citizenship status, disability, qualified veteran status, marital status, sexual orientation or other protected class status.

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