Merchandise Planner

Develop/execute subdivision financial plans in both dollars and units by week for sales, receipts, inventory, gross profit, and inventory turn for the assigned area of responsibility. Collaborate with the Buyer in building financial targets for sourcing and national brand vendors as applicable. Prepare and manage the subdivision Open-to-Buy to ensure optimal performance is achieved by month, quarter, and season, while managing to plan goals. Develop and approve lifecycle product plans including exit strategies to maximize profitability. Prepare weekly and monthly review of sales, gross profit, and inventory results and coordinate subsequent re-forecasting with Planning and Allocation Director, as well as present the forecast to the Merchandise Action Team (MAT) to identify, quantify, and communicate opportunities and risks. Develop seasonal transition targets and strategies for their assigned areas. Create assortment plan strategic intent and develop botto-ms-up key item plans with input from MAT. Reconcile item plans, merchandise financial plan, and assortment plan, updating as appropriate.

According to JobzMall, the average salary range for a Merchandise Planner in 6501 Legacy Dr, Plano, TX 75024, USA is between USD $55,000 and USD $90,000 per year. The exact salary will depend on experience, education, and other qualifications.

JCPenney Company, Inc is an American department store chain with 865 locations in 49 U.S. states and Puerto Rico. J. C. Penney Co., Inc. operates department stores, which consist of selling merchandise and services to consumers through its department stores. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside jcpenney and home furnishings. Its department stores provide its customers with services such as styling salon, optical, portrait photography and custom decorating.