1

Sr Merchandise Manager Jobs (NOW HIRING)

RESPONSIBILITIES Merchandise Financial Planning: * Leverage corporate financial targets to develop ... Manage SKU & style intensive category * Manage location intensive assortments Demand Planning:

Manage reconciliation between bottom-up plans and targets in order to monitor and evaluate the ... Title: Sr. Merchandise Planner Salary or Pay Range: $98,000 - $110,000 Pay offered will vary based ...

Manage reconciliation between bottom-up plans and targets in order to monitor and evaluate the ... Title: Sr. Merchandise Planner Salary or Pay Range: $98,000 - $110,000 Pay offered will vary based ...

Manage reconciliation between bottom-up plans and targets in order to monitor and evaluate the ... Title: Sr. Merchandise Planner Salary or Pay Range: $98,000 - $110,000 Pay offered will vary based ...

The Role + Purpose As a Senior Planner, you'll drive the financial success of a critical department ... Partner with manager and merchant partners to develop high-level department strategy * Lead the ...

Job Summary The Senior Merchandise Allocator is responsible to lead allocation and replenishment ... Manage in-season replenishment and inventory for 350+ stores by Category, rebalancing to maximize ...

Job Summary The Senior Merchandise Allocator is responsible to lead allocation and replenishment ... Manage in-season replenishment and inventory for 350+ stores by Category, rebalancing to maximize ...

The Role + Purpose As a Senior Planner, you'll drive the financial success of a critical department ... Partner with manager and merchant partners to develop high-level department strategy * Lead the ...

Job Summary The Senior Merchandise Allocator is responsible to lead allocation and replenishment ... Manage in-season replenishment and inventory for 350+ stores by Category, rebalancing to maximize ...

The Senior Merchandise Allocator is responsible to lead allocation and replenishment strategy ... Manage in-season replenishment and inventory for 350+ stores by Category, rebalancing to maximize ...

The Role + Purpose As a Senior Planner, you'll drive the financial success of a critical department ... Partner with manager and merchant partners to develop high-level department strategy * Lead the ...

Showing results 21-40

Sr Merchandise Manager information

See salary details

$30.5K

$58.3K

$99K

How much do sr merchandise manager jobs pay per year?

As of Sep 14, 2026, the average yearly pay for sr merchandise manager in the United States is $58,334.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,000.00 and $61,500.00 per year, depending on experience, location, and employer.

What does a Sr Merchandise Manager do?

A Sr Merchandise Manager is responsible for overseeing the buying, planning, and presentation of products for a retail company. They analyze market trends, customer preferences, and sales data to make decisions on product selection, pricing, and inventory levels. In addition, they collaborate with vendors, manage merchandising teams, and develop strategies to maximize sales and profitability. Their leadership ensures that the product assortment aligns with the company's brand and meets consumer demand.

What are the key skills and qualifications needed to thrive as a Sr Merchandise Manager?

To excel as a Sr Merchandise Manager, you need strong analytical skills, experience in merchandising strategies, and a background in retail or business management, often supported by a relevant degree. Familiarity with inventory management systems, data analytics tools like Excel or Tableau, and retail planning software is typically required. Leadership, negotiation, and strong communication are essential soft skills for managing teams and vendor relationships. These abilities are crucial for driving profitable product assortments, optimizing inventory, and ensuring cohesive execution of merchandising plans.

What are the primary challenges a Sr Merchandise Manager faces when coordinating cross-functional teams?

A Sr Merchandise Manager often works closely with buying, planning, marketing, and supply chain teams to ensure product assortments align with market trends and business goals. One common challenge is balancing differing priorities and timelines across these departments, which requires strong communication and negotiation skills. Additionally, adapting quickly to shifting consumer demands and inventory constraints can be complex, making it crucial to maintain flexibility and foster collaborative problem-solving within the team.

What is the difference between Sr Merchandise Manager vs Merchandise Planner?

AspectSr Merchandise ManagerMerchandise Planner
ResponsibilitiesOversees product assortment, manages vendor relationships, develops sales strategiesForecasts sales, plans inventory levels, analyzes sales data
Required SkillsLeadership, product knowledge, strategic planningData analysis, forecasting, inventory management
Work EnvironmentRetail or e-commerce companies, managerial settingPlanning departments, retail or supply chain settings
Common UsageUsed in retail chains, brands, and e-commerce firmsUsed in retail, apparel, and consumer goods industries

The Sr Merchandise Manager focuses on product selection, vendor relations, and sales strategies, while the Merchandise Planner specializes in sales forecasting and inventory planning. Both roles are essential in retail operations but serve different functions within the supply chain and sales process.

What cities are hiring for Sr Merchandise Manager jobs?

Cities with the most Sr Merchandise Manager job openings:

What states have the most Sr Merchandise Manager jobs?

States with the most job openings for Sr Merchandise Manager jobs include:

What are popular job titles related to Sr Merchandise Manager jobs?

For Sr Merchandise Manager jobs, the most frequently searched job titles are:

Sr. Merchandise Planner

Philadelphia, PA • On-site

Five Below
Food and Beverage Wholesalers • 5 - 10K employees

Full-time

Medical

Re-posted 4 days ago


Key responsibilities

  • Develop seasonal sales, inventory, and margin plans based on corporate financial targets.

  • Manage SKU and style assortment, including style-color and depth targets, for each store group.

  • Develop sales forecasts and determine appropriate inventory levels to optimize inventory investment.


Five Below rating

4.8

Company rating: 4.8 out of 10

Based on 810 frontline employees who took The Breakroom Quiz


Job description

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 27,000 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!
RESPONSIBILITIES
Merchandise Financial Planning:
  • Leverage corporate financial targets to develop seasonal sales, inventory, and margin plans by Department-Classification and store groups

Assortment Planning:
  • Determine style-color and depth targets by attribute and store group for each area of business to support product selection in market
  • Manage SKU & style intensive category
  • Manage location intensive assortments

Demand Planning:
  • Develop sales forecasts and buy quantity estimates to determine the appropriate inventory levels for each product considering factors such as lead times, seasonality, and turn targets to optimize inventory investment

Open-to-Buy Management:
  • Manage the open-to-buy (OTB) budget for a category of business, $50-150M, to ensure inventory investment funds sales and margin plans, adjusting as necessary

Inventory Management:
  • Manage inventory levels and receipts to ensure optimal stock vs. sales levels, monitoring in season to minimize stockouts and overstocks

Markdown and End-of-life Management:
  • Manage markdown and MOS budgets to balance inventory ownership and margin objectives
  • Collaborate with key partners to identify pricing and liquidation opportunities to manage the transition of products
  • Analyze sales performance and make recommendations for pricing adjustments, promotions, and markdowns to optimize profitability

Performance Analysis:
  • Analyze sales, inventory, and margin performance to assess the effectiveness of merchandising strategies and identify areas for improvement, providing insights and recommendations to Buyers for optimizing assortment and inventory levels
  • Leverage weekly business insights to understand item level performance to maximize in season opportunities, minimize liability, and inform future seasons
  • Generate regular reports and analysis to provide insights into sales, inventory, and profitability metrics to senior management
  • Test multiple business strategies simultaneously, quantifying & communicating business impacts and be able to report results clearly and concisely to Executive management

Leadership:
  • Create and maintain alignment among peers on merchandising and allocation teams on forecast changes and inventory strategies
  • Participate in regular meetings and strategic discussions to provide input on merchandise planning strategies
  • Grow and develop Associate Planner, providing appropriate opportunities for training, career development, and talent retention

QUALIFICATIONS
  • 5-7 years of experience in a retail or wholesale environment, including time spent as a planner
  • Bachelor's Degree
  • Demonstrated retail math and business acumen, including margin planning, sales forecasting, and inventory productivity measures
  • Excellent verbal and written communication skills, including ability to present complex information in a clear and compelling manner
  • Peer leader capable of creating alignment among cross-functional stakeholders by building strong business cases and driving execution
  • Attention to detail and strong time management, organizational, and interpersonal skills
  • Ability to manage multiple priorities in a fast-paced environment
  • Advanced proficiency in Excel, Word, and PowerPoint
  • Knowledge of PowerBI, Microstrategy, 09 MFP, and Oracle RMS a plus

Five Below is an Equal Opportunity Employer
Explore our benefits site to discover all the perks and support we offer! From health coverage to financial and personal wellness, we've got you covered-check it out today! benefits.fivebelow.com/public/welcome
Five Below is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.
Five Below is committed to working with and providing reasonable accommodations for individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please submit a request and let us know the nature of your request and your contact information. crewservices.zendesk.com/hc/en-us/requests/new
BE AWARE OF FRAUD! Please be aware of potentially fraudulent job postings or suspicious recruiter activity by persons that are posing as a Five Below recruiters. Please confirm that the person you are working with has an @fivebelow.com email address. Additionally, Five Below does NOT request financial information or payments from candidates at any point during the hiring process. If you suspect fraudulent activity, please visit Five Below's Career Site to verify the posting. fivebelow.com/info/careers

What Five Below employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Five Below logo

About Five Below

Sourced by ZipRecruiter

Five Below carries an ever-evolving and exciting assortment of cell phone cases and chargers, remote control cars, yoga pants, graphic tees, nail polish, footballs and soccer balls, tons of candy and seasonal must-haves for Easter, Halloween, Christmas and more. Everything, everyday, is just $5 and below. Its stores are a vibrant, colorful and high-energy destination. Five Below products are grouped into one of eight in-store worlds: Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Five Below's unique assortment features leading brands such as Lego®, Wilson®, HasbroTM and Peeps® and hot licenses from Disney® and Marvel® such as Frozen, Despicable Me, Avengers and Star WarsTM. Rounding out the assortment is merchandise packed with quality and value made exclusively for Five Below. Five Below was founded in 2002 by David Schlessinger, creator and founder of Encore Books and Zany Brainy along with Tom Vellios, former CEO of Zany Brainy, and current Chairman of Five Below. In early 2015, Joel Anderson, the former CEO of WalMart.com, was named CEO and President of Five Below. The Company (NASDAQ: FIVE) has achieved astounding growth, including a current string of 37 consecutive quarters of positive comparable stores sales growth (from Q2, 2006 to present). Five Below is poised to grow rapidly driven by a unique approach to targeting the teen and pre-teen customer with an edited assortment of trend-right, high quality merchandise that fosters universal appeal. With a highly differentiated shopping experience that delivers exceptional value within the $1-$5 pricing model, customers have a deep appreciation for the brand. There is a long runway for growth with compelling and consistent store performance backed by an experienced and passionate senior management team.

Industry

Food and beverage wholesalers

Company size

5,001 - 10,000 Employees

Headquarters location

Philadelphia, PA, US

Year founded

2002