Retail Planning Manager
$93.5k - $126.21k24 Hour Fitness
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Celebrating over 40anyl years as an industry leader, 24 Hour Fitness is committed to creating a healthier, happier world through fitness with over 240 clubs in 9 states nationwide. We provide a welcoming and inclusive environment, with thousands of square feet of premium strength and Underground, turf zones, free weights, functional training areas and more. Studio and cycle classes, personal training and innovative digital and virtual offerings are all available options to keep our members' minds and body fit.
Job Summary
The Retail Planning Manager oversees retail planning and allocation for 24 Hour Fitness, ensuring accurate forecasting, inventory management, and promotional execution across 230+ clubs. This role drives financial results through data‑driven strategies and cross‑functional collaboration.
Essential Duties & Responsibilities
Planning and Forecasting
- Develop the Retail Annual Operating Plan, including department‑level sales, margin, and inventory budgets aligned with product strategies and club‑level targets.
- Maintain dynamic SKU‑level forecasts for multiple distributors using real‑time sales, inventory, and receipt data.
- Manage Open‑to‑Buy (OTB) process, month‑end ఏర్పాటు, and margin reporting to support financial planning.
- Identify risks and opportunities to the business and recommend strategies to achieve financial goals.
- Lead monthly reforecasting and present financial scenarios to senior leadership for review and approval.
- Execute the full promotion process, including forecasting, purchasing, allocation planning, performance recaps, and credit requests.
- Analyze slow‑turning SKUs and recommend edits, markdowns, or promotional strategies to optimize inventory and reduce reserve risk.
- Maintain pricing integrity through markdown management and cost/retail updates.
- Support new SKU onboarding, including forecast integration, system settings, and allocation planning.
- Drive allocation processes in Mi9, ensuring accurate inventory status, clearance management, and purchase order authorizations.
- Manage club‑level reporting to make recommendations and influence allocation strategies and oversee item replenishment settings in Mi9 to ensure accurate allocation processes.
- Deliver weekly and monthly reporting, including sales dashboards, inventory status, promotional performance, and margin choose analysis.
Reporting and Analysis
- Develop and deliver retail performance reporting for sales, margin, inventory, and OTB.
- Create and maintain reporting frameworks across daily, weekly, monthly, and seasonal cadences.
- Analyze merchandise and location‑level data to provide actionable recommendations.
- Track and report on tests and new initiatives, providing clear performance results and guidance.
Cross‑Functional Partnership
- Build strong partnerships and maintain clear communication with key stakeholders, including Operations, Allocations, Inventory Accounting, Finance, and IT.
- Collaborate with Operations and Field Leadership to support initiatives and resolve challenges. ↪_
- Strengthen relationships with distributor and vendor partners to optimize Inventory and purchasing strategies based on various initiatives and timeline.
Special Projects
- Drive process improvements to increase efficiency, accuracy, and scalability.
- Partner with cross‑functional teams on tool Persistent improvements and reporting innovations.
- Global System upgrades, integratiem testing to ensure smooth adoption.
- Identify opportunities for continuous improvement and innovation in planning and reporting.
Organization Relationships
The Planning Manager maintains strong working relationships with the Operations Manager and Allocation Analysush. This role also interacts with Inventory Accounting, Finance, IT, and Club Operations to ensure seamless execution of retailStrategies.
Required Qualifications
Knowledge, Skills & Abilities
- Superior analytical and retail math skills to support fact‑based decisions and recommendations. Strong budgeting and forecasting expertise with proven ability to manage financial planning processes.
- Advanced proficiency in Excel and solid working knowledge of Microsoft Office Suite (Word, PowerPoint).
- Experience with merchandise reporting, planning, and allocation systems.
- Excellent oral and written communication skills, including the ability to prepare and deliver presentations.
- Ability to build and maintain professional relationships across diverse audiences and organizational levels.
- Skilled at balancing priorities and meeting deadlines in a fast‑paced, dynamic environment.
- Solution‑oriented and results‑driven; comfortable with ambiguity. 28h3>
- Bachelor's Degree in business or merchandising or equivalent experience.
- 6+ years of direct experience in Retail/Merchandise Planning, Allocation, and Inventory Management for a fast‑paced retailer.
- Proven history of increasing responsibility and developing a broad base of business and leadership skills.
- Strong experience partnering with Category Management/Merchandising and collaborating with cross‑functional teams to drive business results.
- This role is performed remotely in a standard office environment. العملات>
- Occasional domestic travel. Short duration trips.
Minimum EducationalEsse leveling
Minimum Work Experience & Qualifications
Physical Demands / Environmental Conditions
Travel Requirement
Benefits Summary
In line with our mission to create a healthier, happier world, we offer comprehensive benefits to help our team members doապ just that. We offer benefits such as paid time off, medical and dental coverage, 401k with match for qualifying positions, a free gym membership, and discounts on products and personal training. We also have a variety of Employee Resource Groups that you can connect with to participate in community events both in‑person and virtually.
Compensation Summary
30 hours or more per week: Medical/Dental/Vision Benefits, Paid Time Off, and Sickness Benefits (in addition to the basic group life and accident insurance). Actual offer may vary from posted hiring range based on location, work experience and/or education. Salary range will vary based on geography of the applicant. Pay Range for Los Angeles, Orange County and Seattle: $93,495‑$126,213 (Exempt), $44.95‑$60.68 (Non‑Exempt). Pay Range for Bay Area (California) & New York City (incl. Newلىقى) etc. (full range omitted for brevity).
Disclaimer
DISCLAIMER: This job description is intended to describe the general job functions and requirements for this position. This is not intended to be an exhaustive list of all the qualifications, responsibilities, duties, and skills required. 24 Hour Fitness reserves the right to modify, add, or remove duties as necessary.
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