Sr. Merchandise Planner

Fully Remote • Remote - Stamford, CT

• Salary Range: $80,000.00 - $117,000.00 Salary/year
• Position Type: Full Time
• Category: Corporate

About Lovesac

We are a young-at-heart, fast-growing furniture company, dedicated to helping people fill their homes with Total Comfort™. We do this by designing and innovating furniture solutions that are adaptable, washable, expandable, and delivered right-to-your-door-able, allowing our customers to live the life they want to live.

Our Designed for Life mission started with Sacs, a seat so much better than your classic beanbag made with repurposed Durafoam and designed to reduce environmental impact while providing unimaginable, cloud-like comfort. From there, we expanded the possibility for sustainable furniture with Sactionals, a customizable modular sectional that can be endlessly rearranged to evolve with you. Our product line has grown a lot since our Sacs days, but our goal will always remain the same – to create truly adaptable, comfortable furniture that can be with you for life.

About our Culture

At Lovesac, we strive to be an employer of choice by embodying a culture that encourages team members to think and dream big. We call this Top Ambition. We aim to not only excel within our industry but also make a meaningful impact on the world. Above all else, we’re driven by love (because it matters) and are dedicated to promoting love and happiness in all aspects of our work. It’s about success, of course, but it’s also about making a positive impact on everyone our business touches.

About the Role
As our Sr. Merchandise Planner, you will own the financial and inventory strategy for assigned product categories across channels, translating enterprise goals, customer insights, and product strategies into actionable merchandise plans. Serving as a strategic business partner to Brand and cross-functional teams, you will shape pre-season and in-season decisions that optimize sales, margin, inventory productivity, and profitable growth.

You will develop and manage category plans across key performance indicators and through analysis, forecasting, and scenario planning, you will identify risks and opportunities, influence investment decisions, and help build scalable plans for new products and categories while delivering against financial targets.

What You’ll Do

• Creates pre-season plans across multiple channels, consistent with the company's top-down goals, to be used in the development of the merchandise strategies for the season and to support line development and buying needs.
• Works closely with Planning and Brand partners to develop preseason product trends to revise the season's plan with updated projections that maximize sales and profitability.
• Partners with Planning leads to present monthly revisions of demand plans to Merchandise/Inventory Planning executives.
• Analyzes historical data and current trends to identify risks and opportunities. Review and analyze business performance trends.
• Understands and forecasts effects of markdowns on item sales rates and category/department profitability.
• Engages in all meetings involving the Merchandise Planning department (ex. Monthly S&OP, Weekly Business Meetings).
• Provides fiscal control through promotional decisions and inventory control.
• Develops in-depth knowledge of Omni-Planning and executes building plans at an item level that supports top level goals.
• Enhances knowledge of data resources that are available and become familiar with the merchandise for which they are developing plans.
• Supports team projects as needed; additional responsibilities as assigned.

Qualifications

Who you Are

Core Values: Top Ambition, We All Win Together, Conscious Operations, As Few as We Can Get Away With, Love Matters

Table-Stake Values: Willing to Sweep Floors, Grit, Positive, Self-Aware, Self-Starting, Insatiable Learners, Transparency, Customer-Centric

Core Competencies: Builds Customer Centricity, Drives Remark-able Results, Collaborates Effectively, Makes Good Decisions, Demonstrates Self-Awareness

Requirements

• Bachelor's degree in business administration, Finance, or related field required.
• 4-7 years of progressive merchandise planning experience, preferably within a specialty retail or omnichannel environment; 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.
• Demonstrated 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 degree of proficiency in MS Office Suite, Outlook & Internet applications.
• Strong analytical, prioritizing, interpersonal, problem-solving, presentation, & planning skills.
• Strong verbal and written communication skills.
• Demonstrated collaborative skills and ability to work well within a team.
• Ability to work with and influence peers and senior management.
• Ability to work in a fast-paced and deadline-oriented environment.
• Self-motivated with critical attention to detail, deadlines, and reporting.
• Exemplify each of our Lovesac values, at all times, results driven and utilize knowledge to meet or exceed key performance indicators (KPIs), goals and deadlines.
• Must be able to travel using various forms of transportation, as required by the Company in its sole discretion, for mandatory meetings and conferences held either at our offices or offsite (i.e. quarterly team connection weeks, companywide meetings and events, vendor visits).
• Must comply with all policies and procedures outlined in the Lovesac Employee Handbook and work collaboratively with fellow employees, treating all clients, both internal and external with dignity and respect at all times.

Full-Time Benefits*

• Financial Benefits: Annual Bonus Program, Inaugural Grant Equity Award, 401K Matching Contribution, Financial Wellness Tools.
• Health and Wellness Benefits: Medical, Dental, Vision, Health Savings and Flexible Spending Accounts, Paid Parental Leave, Life/AD&D, Short Term and Long-Term Disability, Critical Illness and Accident Insurance, Employee Assistance Program.
• Paid Time Off: Up to 160 hours of paid time off within our fiscal calendar year, prorated from date of hire, 8 paid company recognized holidays.
• Pet Insurance and generous Associate Discounts.

*Eligibility and terms for all benefits listed are as outlined in Lovesac’s policy and plan documents.

Associate pay will vary based on factors such as qualifications, experience, skill level, and competencies.

Lovesac is an Equal Opportunity Employer and considers all applicants for employment without regard to race, color, religious creed, ancestry, national origin, ethnicity, religion, sex, sexual orientation, gender (including gender-related identity, gender nonconformity, or status as a transgender or transsexual individual), pregnancy, age, national origin, marital status, physical or mental disability, military status, genetic information or any other characteristic protected by applicable law.

Non-New York City Applicants Only: To the extent permitted by law, conditional offers of employment will be contingent upon successful completion of a background check, including but not limited to education verification, employment history verification, reference checks, criminal history and motor vehicle history (if vehicle required). All qualified applicants with criminal histories will be considered in accordance with applicable local, state, and federal law.

Lovesac participates in E-Verify as required by law. Immigration sponsorship is not available for this role.

Lovesac is committed to the principles of equal employment opportunity and providing reasonable accommodations to candidates and employees with disabilities, protected medical conditions, and religious beliefs. If you need an accommodation during the application or interview process, please reach out to us at: accommodations@lovesac.com.