Five Below - Philadelphia, PA

posted 5 days ago

Full-time - Intern
Philadelphia, PA
General Merchandise Retailers

About the position

At Five Below, our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 20,000 associates who work at Five Below and they'll tell you there's no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in. It's all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace! Five Below Summer Internship Program is ON! Our limited open positions for Summer 2025 focus on company strategic initiatives in the exciting environment of value-driven, fun-focused retail. We are seeking energetic, responsible go-getters with innovative ideas, ready to actively participate in company initiatives. We LOVE our interns! Our internship is curated to deliver a rich learning experience for both personal and professional growth. Our program is hands-on, engaging in meaningful work directly contributing to the company's missions and ultimate success. You are an active contributor and valued as a part of your team!

Responsibilities

  • Review Current Labor Standards: Analyze and evaluate the data sources used to drive labor standards at Five Below.
  • Develop Process Change Governance: Collaborate with the Store Operations process team to create and implement a formal process for documenting and governing all process changes. Build a repository for approved process changes to ensure consistency and alignment across stores.
  • Maintain LaborPro: Assist in the management of the LaborPro system, ensuring that all changes and updates to store processes are reflected and maintained in the system. Learn how labor management systems support store operations and efficiency.
  • Time Study Updates: Work with the Workforce Planning team and Store Process team to conduct time studies in stores, measuring labor standards for processes undergoing improvement. Use data to update labor standards, supporting store productivity and cost management.
  • Collaborate Across Teams: Partner with cross-functional teams such as Finance, IT, and Logistics to ensure smooth data handoffs and governance processes.

Requirements

  • Must be actively enrolled as a rising Junior, Senior, Grad Student or recent Grad with a background in Industrial Engineering, Business Process Innovation, Data Analytics or related field.
  • Minimum 3.0 GPA.
  • Must be proficient with Microsoft Office products & remote meeting software.
  • Must have availability for the full 10-week program as space is limited.
  • Must be a self-starter, highly passionate & detail-oriented.
  • Active ability to problem-solve & communicate effectively.
  • Knowledge and passion for our brand.

Nice-to-haves

  • Coursework or related experience with process improvement methods & innovation.
  • Strong written communication.
  • Self-motivated, detail-oriented, and eager to learn.
  • Interest in creating detailed process documentation.
  • Critical thinking and problem-solving mindset.
  • Retail experience a huge plus!

Benefits

  • Paid internship at $17/hr.
  • Interactive experiences with Senior Leadership Team.
  • Professional Development Sessions.
  • Lunch & Learns.
  • Insight and participation into companywide initiatives.
  • High exposure/small group.
  • 100% intern satisfaction rate.
  • High intern conversion rate! (On average, we hire 2-3 of our intern alumni each year).
  • Flexible and immersive hybrid program.
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