Rack Store Planner

Welcome to Nordstrom, where fashion and innovation meet to create an unparalleled shopping experience. We are currently seeking a talented and passionate Rack Store Planner to join our team. As a Rack Store Planner, you will play a vital role in maximizing sales and profit by strategically planning and analyzing inventory levels for our Nordstrom Rack stores. This is an exciting opportunity for someone who thrives in a fast-paced, dynamic environment and has a strong eye for detail and organization. If you have a passion for retail and a knack for numbers, we want to hear from you!

1. Develop and implement inventory plans and strategies for Nordstrom Rack stores in order to maximize sales and profit.
2. Analyze sales data and market trends to determine appropriate inventory levels and product mix for each Rack location.
3. Collaborate with buying and merchandising teams to ensure inventory levels align with product assortment and demand.
4. Monitor and track inventory levels, making adjustments as needed to meet sales goals and manage costs.
5. Work closely with store managers to understand individual store needs and make recommendations for inventory allocation.
6. Conduct regular store visits to evaluate inventory levels, identify opportunities for improvement, and provide feedback to store teams.
7. Utilize forecasting tools and techniques to accurately predict inventory needs and make strategic purchasing decisions.
8. Monitor and analyze customer demand to identify potential sales opportunities and adjust inventory accordingly.
9. Communicate regularly with cross-functional teams, including buying, merchandising, and store operations, to ensure inventory plans align with company objectives.
10. Stay up-to-date on industry trends and best practices to continuously improve inventory planning processes and strategies.
11. Identify and resolve any inventory-related issues or challenges to maintain a seamless shopping experience for customers.
12. Train and mentor junior team members to ensure consistency and accuracy in inventory planning processes.
13. Maintain detailed records and reports on inventory levels, sales performance, and other key metrics.
14. Collaborate with the finance team to develop and manage inventory budgets and forecasts.
15. Represent Nordstrom Rack in a professional and positive manner at all times, both internally and externally.

According to JobzMall, the average salary range for a Rack Store Planner in Seattle, WA, USA is $66,000 - $85,000 per year. This may vary depending on the specific company, level of experience, and other factors.

Nordstrom, Inc. is a U.S. luxury department store chain founded in 1901 by John W. Nordstrom and Carl F. Wallin. It originated as a shoe store, and evolved into a full-line retailer with departments for clothing, footwear, handbags, jewelry, accessories, cosmetics, and fragrances.