Sr. Merchandise Planner

Lovesac Company • Stamford, CT

3d

About The Position

The Sr. Merchandise Planner owns financial and inventory strategy for assigned product categories across channels. The role translates enterprise goals, customer insights, and product strategies into actionable merchandise plans and serves as a strategic business partner to Brand and cross-functional teams. The planner shapes pre-season and in-season decisions to optimize sales, margin, inventory productivity, and profitable growth. Through analysis, forecasting, and scenario planning, the role identifies risks and opportunities, influences investment decisions, supports scalable plans for new products and categories, and delivers against financial targets.

The role creates and revises merchandise plans, develops demand projections, analyzes business performance and trends, and supports inventory and promotional decisions. It collaborates with Planning, Brand, and leadership partners, participates in planning meetings, and develops item-level plans aligned with company goals. The position may require travel for mandatory meetings, conferences, events, or vendor visits.

Requirements

• Bachelor's degree in business administration, finance, or a related field.
• 4–7 years of progressive merchandise planning experience; relevant retail buying experience may also be considered.
• Advanced retail math and financial planning knowledge, including sales, inventory, margin, turn, and open-to-buy management.
• Demonstrated experience building and managing merchandise plans for new products and categories, from initial forecasting and assortment planning through performance analysis and in-season adjustments.
• High proficiency in MS Office Suite, Outlook, and internet applications.
• Strong analytical, prioritizing, interpersonal, problem-solving, presentation, and planning skills.
• Strong verbal and written communication skills.
• Demonstrated collaborative skills and ability to work well within a team.
• Ability to work with and influence peers and senior management.
• Ability to work in a fast-paced, deadline-oriented environment.
• Self-motivated, with critical attention to detail, deadlines, and reporting.
• Exemplify Lovesac values, achieve or exceed KPIs, goals, and deadlines, and use relevant knowledge to deliver results.
• Ability to travel using various forms of transportation as required by the Company.
• Comply with Lovesac Employee Handbook policies and procedures and treat internal and external clients with dignity and respect.
• Immigration sponsorship is not available for this role.

Nice To Haves

• Experience in specialty retail or an omnichannel environment.

Responsibilities

• Create pre-season plans across multiple channels that align with company goals and support seasonal merchandise strategies, line development, and buying needs.
• Work with Planning and Brand partners to develop preseason product trends and revise seasonal plans with updated projections to maximize sales and profitability.
• Partner with Planning leads to present monthly demand-plan revisions to Merchandise/Inventory Planning executives.
• Analyze historical data, current trends, and business performance to identify risks and opportunities.
• Understand and forecast the effects of markdowns on item sales rates and category or department profitability.
• Participate in Merchandise Planning meetings, including monthly S&OP and weekly business meetings.
• Provide fiscal control through promotional decisions and inventory control.
• Develop knowledge of Omni-Planning and build item-level plans that support top-level goals.
• Develop familiarity with available data resources and the merchandise covered by assigned plans.
• Support team projects and perform additional responsibilities as assigned.
• Travel as required for mandatory meetings and conferences, including team connection weeks, companywide events, and vendor visits.

Benefits

• Annual bonus program
• Inaugural grant equity award
• 401(k) matching contribution
• Financial wellness tools
• Medical insurance
• Dental insurance
• Vision insurance
• Health savings and flexible spending accounts
• Paid parental leave
• Life and AD&D insurance
• Short-term and long-term disability insurance
• Critical illness and accident insurance
• Employee assistance program
• Up to 160 hours of paid time off within the fiscal calendar year, prorated from date of hire
• Eight paid company-recognized holidays
• Pet insurance
• Associate discounts

What This Job Offers

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