Job Description
Are you a data-driven visionary with an eye for fashion? Luminary Retail Group is seeking a strategic Merchandise Planner to join our high-growth team in the heart of New York City. You will play a pivotal role in shaping the financial success of our collections by balancing creative intuition with rigorous analytical insight.
In this role, you will own the open-to-buy process, forecast seasonal trends, and ensure optimal inventory levels across our omnichannel platform. If you thrive in a fast-paced environment and possess a passion for retail excellence, we want to hear from you.
Responsibilities
- Develop and manage seasonal merchandise financial plans to maximize sales and gross margin.
- Execute open-to-buy (OTB) processes, ensuring inventory levels align with sales targets and company strategy.
- Analyze historical sales data and market trends to forecast future demand and inform buying decisions.
- Collaborate closely with Buying and Allocation teams to ensure product availability across all distribution channels.
- Identify and mitigate risks associated with overstock or understock scenarios through proactive reporting.
- Partner with store operations to drive regional performance and address inventory discrepancies.
- Present business performance metrics to senior leadership during weekly trade meetings.
Qualifications
- Bachelor’s degree in Business, Finance, Fashion Merchandising, or a related field.
- Minimum of 4-6 years of experience in retail merchandise planning or inventory management.
- Advanced proficiency in Microsoft Excel (VLOOKUPs, pivot tables, and complex modeling).
- Strong analytical mindset with the ability to translate complex data into actionable business strategies.
- Expertise in retail planning software (e.g., JDA, Oracle, or SAP).
- Exceptional communication skills and the ability to influence cross-functional stakeholders.
- Strong understanding of retail math, including GMROI, WOS, and sell-through analysis.