VP of Store Planning & Allocation

About Claire's

Claire's is a global leader in self-expression, fashion jewelry, and accessories, empowering individuals around the world to celebrate their unique style and creativity. For more than five decades, Claire's has been a trusted destination for trend-driven products, exceptional ear-piercing services, and memorable shopping experiences.

Position Overview

The Vice President of Store Planning & Allocation will guide and develop replenishment best practices, and work with cross functional merchandising senior leadership to to ensure that the right product is at the right stores at the right time. This person will be responsible for developing and implementing store plans and store distribution strategies to support sales and inventory objectives and to ensure department financial goals are met. Partner with buying and planning team leadership in executing item / program / category strategies to support financial plans. The VP of Allocation and store planning will also be responsible for leading a group of Merchandise Analysts, Allocation Managers, Director of Allocation, Director of Store planning and store planners. The position will require a commitment to the support, training, development, and daily management of the merchandising allocation team. The VP of Allocation is responsible for ensuring in-store merchandise presentations objectives are delivered, coordinating & prioritizing all replenishment activities and managing the individual store sales / inventory plans for their areas of responsibility.

Principle Duties and Responsibilities

• Accountable for the direct supervision and leadership of a group of Merchandise Analysts, Merchandise Allocation Managers, Store Planners as well as to build, develop, execute, and maintain allocation strategies and store sales / inventory plans to ensure maximum sell through and profitability on product while minimizing markdowns.
• Manage team through reviews, day to day performance, and execution on required tasks.
• Analyze sales trends to ensure stores are in stock on core items, promotional product, new programs, and seasonal merchandise.
• Work alongside senior leadership team to develop overall merchandise planning and allocation strategies.
• Identify and rectify stock imbalances in individual stores through the allocation of new receipts and replenishment inventory to maximize the ability of each store to generate sales and margin.
• Analyze SKU and program productivity to ensure store turn and weeks of supply goals are met; create and develop tiered assortment strategies. Work with subject matter experts in these respective areas to ensure proper reporting and efficiency of these programs.
• Ensure all stores have appropriate inventory levels to support presentation and sales while collaborating with cross functional team.
• Lead team that develops optimal store ranking to ensure proper distribution of merchandise.

Additional Principal Duties and Responsibilities

Job Required Knowledge & Skills

Preferred Job Required Knowledge& Skills

In Order to be Successful in this Role :