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Foot Locker

This is a Contract position in Toronto, ON posted April 28, 2021.

Our global house-of-brands inspires and empowers youth culture. Relentlessly committed to fuel a shared passion for self-expression, we create unrivaled experiences at the heart of the sport and sneaker communities through the power of our people. If you want to be a part of something bigger than you can imagine, you’ve come to the right place.  To learn more about the incredible impact we’re making on both our local and global communities, Click Here!

SUMMARY:
Supports Division’s buying/merchandising organization. Responsible for establishing seasonal plans based on assigned corporate targets, which develops a merchandise mix aligned to buying and divisional strategies. Maintains in-season Open to Buy process to minimize risk and seeks opportunities to achieve budgeted financial goals.

RESPONSIBILITIES:

Merchandise Seasonal Planning
• Create department, category, and vendor financial plans which support the divisional strategy.
• Reconcile bottom-up and top-down plans, which support established financial targets, using trend identification and past performance review.
• Ensure assortment guidelines correspond with financial plans and merchandise strategy.
• Identify missing sales, profit, and inventory turn opportunities.

In-Season Management
• Review weekly performance by department and category against plan and forecast – review styles, pursue in-season objectives and opportunities.
• Forecast sales/markdowns/receipts on a weekly basis.
• Facilitates bi-weekly Open-to-Buy (OTB) meetings with immediate buying team.
• Manage receipt flow into the distribution centre as it relates to OTB and financial targets by month/week.
• Work with buying team to prioritize monthly receipts to ensure optimal merchandise mix.
• Analyze and forecast aged inventory position and recommend appropriate courses of action if a correction is necessary.

Vendor Management
• Analyze vendor scorecards at department, category and SKU level.
• Ensure department vendor strategy and targets align with division strategy.
• Build and maintain vendor ladder plans and forecasts.
• Attend bi-weekly vendor touch base meetings.

Pricing and Promotions
• Effectively price product in order to liquidate inventory while meeting sales and margin objectives – both stores and digital.
• Understand and realize pricing differences between stores and digital – realize the impact of sitewide promotions on dot com pricing.
• Analyze and report on effectiveness of promotions to senior leaders and make recommendations for future activity.

Reporting
• Provide and create Ad-Hoc reports as requested.
• Run and distribute weekly/monthly/quarterly corporate reporting.

Trend Identification
• Identify department trends and analyze statistical trends based on past and current results.
• Attend best seller, forecasting meetings to discuss trends and appropriate action plans to maximize business.
• Attend designated vendor pre-line reviews.

• Must have 3-5 years minimum retail planning process knowledge and experience.
• University Degree / College Diploma.
• Strong understanding of retail mathematical calculations and measures in financial planning.
• Strong attention to detail oriented and analytical skills.
• Must be able to translate complex analysis into simple terms.
• Must be able to obtain correct data needed for reporting and analysis.
• Strong relationship building skills to partner with buying and merchandising team in order to maximize results.
• Must be able to interface with Senior Executives and make recommendations.
• Excellent organizational and multi tasking skills to meet deadlines while remaining flexible to change priorities.
• Advanced Excel proficiency.
• Experience using Retail Planning Systems.
• Experience using data mining/data warehouse, business intelligence reporting systems