Hey there! Are you a retail rockstar with a passion for all things merchandising? Look no further than Five Below! We're on the hunt for a dynamic and driven Merchandise Manager to join our team. As the Merchandise Manager, you'll play a pivotal role in curating and managing our product assortment, ensuring that our stores are stocked with the latest and greatest items at unbeatable prices. If you have a keen eye for trends, a knack for negotiation, and a knack for leading and coaching a team, we want to hear from you! Keep reading for more details on this exciting opportunity at Five Below.
- Curate and manage product assortment for multiple store locations.
- Monitor and analyze sales trends to make informed decisions on product selection.
- Negotiate pricing and terms with vendors to ensure competitive pricing.
- Develop and implement merchandising strategies to maximize sales and meet company goals.
- Train and supervise a team of merchandising associates to ensure consistent execution of merchandising standards.
- Conduct regular store visits to ensure visual merchandising standards are being met.
- Collaborate with cross-functional teams such as buying, marketing, and operations to develop cohesive merchandising plans.
- Manage inventory levels and make recommendations for restocking or discontinuing products.
- Stay up-to-date on industry trends and competitive landscape to inform product assortment decisions.
- Provide regular reports and updates on merchandising performance to upper management.
- Ensure compliance with company policies and procedures, including safety and loss prevention measures.
- Continuously seek opportunities to improve and enhance the merchandising process.
- Foster a positive and collaborative team environment, providing guidance and coaching to team members.
- Represent the company in a professional and positive manner at all times.
Bachelor's Degree In Business Administration, Marketing, Or Related Field.
Minimum Of 3-5 Years Of Experience In Merchandise Management, Preferably In A Retail Environment.
Strong Analytical And Problem-Solving Skills, With The Ability To Interpret Data And Make Strategic Decisions.
Proven Track Record Of Successfully Managing Inventory Levels, Pricing, And Assortment To Drive Sales And Profitability.
Excellent Communication And Leadership Skills, With The Ability To Effectively Collaborate With Cross-Functional Teams And Manage A Team Of Merchandisers.
Inventory Management
Vendor Management
Trend Analysis
Sales forecasting
Visual merchandising
Pricing strategy
Team Leadership
Budgeting and cost control
Customer
Promotional Planning
Product Sourcing
Communication
Emotional Intelligence
Leadership
Time management
creativity
flexibility
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Merchandise Manager in Los Angeles, CA, USA is between $60,000 and $100,000 per year. This can vary depending on the specific company, industry, and level of experience. Some Merchandise Managers may also receive bonuses and other benefits in addition to their base salary.
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Five Below Inc. is an American chain of specialty discount stores that sells products that are less than $5, plus a small assortment of products from $6 to $25. Founded by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens.
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