Retail Planning Merchandiser
4 weeks ago
Retail Planning Merchandiser - Ben Sherman
Ben Sherman is a renowned British heritage brand that has been a staple in the fashion industry for over six decades. As a Retail Planning Merchandiser, you will play a vital role in strategically planning the retail space to maximize sales performance through detailed analysis and future planning.
Main Responsibilities:
- Build opening stock packages for new stores based on linear count, budgets, seasonality, and geographical location.
- Project manage the critical path of all new openings, working cross-functionally with the visual merchandising, marketing, and retail teams.
- Plan ideal stock mix by store to maximize sales performance.
- Ensure seasonal stock builds are in line with the trading calendar and key events.
- Build allocation plans by store and size for both core and new seasonal stock packages in line with their sales plan.
- Responsible for setting store grading framework for allocations, regularly reviewing with regional managers to ensure stores are in the right place.
- Review initial PAR levels by store regularly in line with trade and adjust accordingly to ensure replenishment is maximized in the right store.
- Lead store visits using analysis at category level to support the store in maximizing space to increase density.
- With detailed analysis on sales by size by location, support the trading team to ensure future buys are in line with store allocation plans.
- Provide detailed sales analysis by brand and category by store, feeding into the trading team and supporting with future opportunities in range building.
- Work closely with the retail team to manage re-groups across the estate to reduce range fragmentation and increase sell-through ability to make decisions with consideration for the wider impact.
- Create and manage communication processes between Head Office and stores.
- Ensure all brand strategies are executed in line with the overall business needs and communicate these to the wider team.
- Full understanding of customer needs to maximize sales and margin.
- Develop and implement better ways of working across merchandising and retail.
- Strategically plan and implement how to improve key KPIs, including AVT, UPT, and conversion, with the right stock holding of all categories.
- Weekly reporting on size availability vs. planned level – ensuring a 95% availability target is met.
- Undertake regular store visits with trading, retail, and VM teams.
Key Skills:
- Ability to cope with the pressure of making important decisions and meeting tight deadlines.
- Knowledge of relevant product categories, market trends, and competitors.
- Presentation skills – visual, verbal, and written.
- Organizational skills.
- Team player – ability to manage working relationships at all levels.
- Numerate – working with margin calculations and budgets.
- Analytical skills – ability to analyze and interpret various data sources and reports.
- Problem-solving skills – able to make the right decision when faced with sales/margin/supply issues.
- Understanding of the clothing industry and trading environments.
- Strategic thinker – able to look forward and innovate.
- Self-motivated.
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