Merch Planner, Owned Brand Intimates

Target • Minneapolis, MN

10d • Hybrid

About The Position

The Merch Planner supports financial strategy and forecasting for Target’s Owned Brand Intimates business. The role provides in-season decision support, collaborates on assortment planning, recommends localization and channel strategies, and leads demand forecasting. The planner supports divisional strategy through category expertise and partnerships with cross-functional teams and vendors, and acts as a financial link between Merchandising and Supply Chain.

The role leads the open-to-buy process and evaluates category-level investment and the financial validity of assortments. It conducts root cause analysis of differences between supply and demand forecasts to support chase-cancel decisions and communicate implications to vendors. The planner also conducts scenario planning, builds unit plans, and leads initial set planning and operationalization to optimize assortments.

The position interprets forecast results and conducts what-if analysis to guide recommendations, validates the unit promo planning forecast, and supports maintenance, risk analysis, and decision-making by the Pricing & Promotion Center of Excellence. It also manages event forecast creation and flow, analyzes item lifecycles, and recommends end-of-season management. Duties may change at any time due to business needs.

This position operates in a Hybrid/Flex for Your Day arrangement, with work performed both onsite at Target HQ in Minnesota and virtually, depending on role, team, and daily tasks. Work duties cannot be performed outside the country of the primary work location unless otherwise prescribed by Target.

Requirements

• Four-year degree or equivalent experience.
• 2–6 years of relevant experience.
• At least 1 year of Merchandising experience.
• Strong strategic, financial, and analytical skills, including the ability to translate data from multiple sources into insights and recommendations.
• Strong collaboration skills to partner with cross-functional teams.
• Flexibility, resilience, and comfort working in changing, ambiguous situations.

Responsibilities

• Provide in-season decision support.
• Collaborate on assortment planning.
• Recommend localization and channel strategies, including cluster types and profiles.
• Lead demand forecasting.
• Support divisional strategy through category expertise and partnerships with cross-functional teams and vendors.
• Lead the open-to-buy process and determine category-level investment and the financial validity of assortments.
• Conduct root cause analysis of variation between supply and demand forecasts to support chase-cancel decisions and communicate implications to vendors.
• Conduct scenario planning and build unit plans.
• Lead initial set planning and operationalization to optimize assortments.
• Interpret forecast results and conduct what-if analysis to guide go-forward recommendations.
• Validate the unit promo planning forecast.
• Drive maintenance, risk analysis, and decision-making by the Pricing & Promotion Center of Excellence.
• Create and manage event forecast flow, analyze item lifecycles, and recommend end-of-season management.

Benefits

• Eligible team members and dependents may receive comprehensive health benefits, which may include medical, vision, dental, and life insurance.
• 401(k).
• Employee discount.
• Short-term disability.
• Long-term disability.
• Paid sick leave.
• Paid national holidays.
• Paid vacation.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level