
Merchandise Manager- 513
Welcome to Five Below, the ultimate destination for affordable, on-trend merchandise. We are seeking a highly motivated and experienced Merchandise Manager to join our team and help us continue our mission of bringing joy to our customers. As the Merchandise Manager, you will be responsible for overseeing the buying, planning, and allocation of products for our stores. This is a unique opportunity to contribute to the success of a rapidly growing company while utilizing your strong leadership skills and passion for retail. If you thrive in a fast-paced, dynamic environment and have a proven track record of driving sales and profitability, we encourage you to apply!
- Develop and implement merchandise strategies to drive sales and profitability.
- Oversee the buying process, including selection, negotiation, and purchasing of products.
- Analyze sales data and market trends to make informed buying decisions.
- Work closely with vendors to develop and maintain strong relationships and negotiate favorable terms.
- Monitor inventory levels and make adjustments as needed to ensure product availability.
- Collaborate with cross-functional teams, such as marketing and operations, to develop comprehensive merchandise plans.
- Train and mentor buying team members to ensure a high level of performance and productivity.
- Conduct regular store visits to gather feedback and identify areas for improvement.
- Maintain a thorough understanding of the company's target market and customer preferences.
- Participate in product development and selection for new store openings.
- Develop and manage merchandise budgets and forecasts.
- Ensure compliance with company policies and procedures related to merchandise management.
- Identify and address any potential risks or challenges related to product availability or quality.
- Stay up-to-date with industry trends and competition to inform merchandise strategies.
- Continuously evaluate and improve merchandise processes and procedures for increased efficiency and effectiveness.
Bachelor's Degree In Retail Management, Business Administration, Or A Related Field
Minimum Of 3-5 Years Experience In Retail Merchandising, Preferably In A Management Role
Strong Understanding Of Retail Industry Trends And Customer Behavior
Excellent Communication And Leadership Skills
Ability To Analyze Sales Data, Identify Trends, And Make Strategic Merchandising Decisions To Drive Sales And Profitability.
Product Development
Inventory Management
Budget management
Sales forecasting
Visual merchandising
Pricing strategy
Team Leadership
Store Layout
Trend Forecasting
Product Sourcing
Vendor Communication
Communication
Conflict Resolution
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
Empathy
According to JobzMall, the average salary range for a Merchandise Manager- 513 in Columbus, OH 43240, USA is $43,000 - $90,000 per year. This range can vary depending on factors such as experience, skills, and the specific company or industry the manager is working in. Some merchandise managers may also receive additional compensation through bonuses or commissions.
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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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