Five Below

Merchandise Manager

Five Below

Philadelphia, PA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Five Below, where we believe in providing high-quality products at affordable prices. As a Merchandise Manager, you will play a crucial role in our success by overseeing the selection, purchasing, and distribution of our merchandise. We are looking for a confident and detail-oriented individual with a passion for retail and exceptional leadership skills. If you thrive in a fast-paced environment and have a keen eye for trends and customer preferences, we want you to join our team! Read on to see if you have what it takes to be our next Merchandise Manager at Five Below.

  1. Oversee the selection, purchasing, and distribution of merchandise for Five Below stores.
  2. Develop and maintain relationships with vendors to ensure high-quality products at affordable prices.
  3. Analyze sales data and market trends to make strategic buying decisions.
  4. Collaborate with other departments, including marketing and operations, to develop effective merchandising strategies.
  5. Train and oversee a team of merchandise associates to ensure proper execution and presentation of products in stores.
  6. Monitor inventory levels and make recommendations for restocking and replenishment.
  7. Ensure that all merchandise meets company standards for quality, safety, and pricing.
  8. Conduct regular store visits to assess merchandise displays and make necessary adjustments.
  9. Communicate with store managers to understand customer preferences and adjust merchandise selection accordingly.
  10. Stay updated on industry and market trends to inform purchasing decisions.
  11. Meet and exceed sales and profit goals by effectively managing merchandise assortment.
  12. Ensure compliance with company policies and procedures, as well as local, state, and federal regulations.
  13. Identify and address any issues or concerns related to merchandise, vendors, or processes.
  14. Continuously seek opportunities to improve processes and optimize efficiency.
  15. Represent the company in a professional and positive manner at all times.
Where is this job?
This job is located at Philadelphia, PA, USA
Job Qualifications
  • Bachelor's Degree In Business Administration, Retail Management, Or Related Field.

  • Minimum Of 3-5 Years Of Experience In Merchandising, Buying, Or Inventory Management In A Retail Environment.

  • Strong Analytical And Problem-Solving Skills, With The Ability To Interpret Sales Data And Make Strategic Decisions.

  • Excellent Communication And Negotiation Skills, With The Ability To Build Relationships With Vendors And Negotiate Favorable Terms.

  • Experience Managing A Team And Effectively Delegating Tasks, With A Focus On Driving Sales And Maximizing Profitability.

Required Skills
  • Budgeting

  • Inventory Management

  • Trend Analysis

  • Sales forecasting

  • Marketing Promotions

  • Visual merchandising

  • Pricing strategy

  • Team Leadership

  • Vendor Relations

  • Store Operations

  • Product Assortment

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

  • Decision-making

Compensation

According to JobzMall, the average salary range for a Merchandise Manager in Philadelphia, PA, USA is between $59,000 and $108,000 per year. This may vary depending on the specific company, years of experience, and other factors such as education and skills.

Additional Information
Five Below is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 25th, 2024
Apply BeforeMay 10th, 2026
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About Five Below

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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