Sr. Merchandise Planner
About The Position
The Sr. Merchandise Planner owns the financial and inventory strategy for assigned product categories across channels. The role translates enterprise goals, customer insights, and product strategies into actionable merchandise plans, serving as a strategic business partner to Brand and cross-functional teams. It shapes pre-season and in-season decisions to optimize sales, margin, inventory productivity, and profitable growth. The planner develops and manages category plans across key performance indicators, using analysis, forecasting, and scenario planning to identify risks and opportunities, influence investment decisions, and build scalable plans for new products and categories while delivering against financial targets. This is a full-time remote role associated with Stamford, Connecticut. Travel may be required for mandatory meetings, conferences, team connection weeks, company events, and 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.
- 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 with MS Office Suite, Outlook, and internet applications.
- Strong analytical, prioritizing, interpersonal, problem-solving, presentation, and planning skills.
- Strong verbal and written communication skills.
- Collaborative skills and the ability to work effectively 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 close attention to detail, deadlines, and reporting.
- Ability to exemplify Lovesac values, deliver results, and use knowledge to meet or exceed KPIs, goals, and deadlines.
- Ability to travel using various forms of transportation as required by the company for mandatory meetings and conferences.
- Compliance with the Lovesac Employee Handbook and ability to work collaboratively while treating internal and external clients with dignity and respect.
Nice To Haves
- Merchandise planning experience in specialty retail or an omnichannel environment.
Responsibilities
- Create pre-season plans across multiple channels that align with company top-down goals and support seasonal merchandise strategies, line development, and buying needs.
- Work with Planning and Brand partners to develop pre-season product trends and revise seasonal plans with updated projections that 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 how markdowns affect 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.
- Build item-level plans using knowledge of Omni-Planning to support top-level goals.
- Develop knowledge of available data resources and the merchandise covered by the plans.
- Support team projects and take on additional responsibilities as assigned.
Benefits
- Annual bonus program
- Inaugural grant equity award
- 401(k) matching contribution
- Financial wellness tools
- Medical, dental, and vision benefits
- 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
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
