Manager, Allocation

Posted 5 Days Ago
Be an Early Applicant
Montréal, QC
Senior level
Fashion • Retail • Wearables
The Role
The Allocation Manager develops and executes allocation and inventory strategies, leading a team and analyzing sales to meet financial goals.
Summary Generated by Built In

Company Description

Who We Are:

At Reitmans (Canada) Limited (RCL), we live and breathe fashion and customer experience every single day. We believe that fashion isn’t just about style — it’s about giving our customers the confidence to shine when it matters most.

From bold ideas at the design table to seamless experiences in our stores and digital channels, we are fully dedicated to creating unforgettable moments. With a strong portfolio of brands and a team of passionate, creative thinkers, we are constantly reimagining what’s possible in fashion retail.

Job Description

POSITION OVERVIEW

Reporting to the Director of Planning and Distribution for the RW&CO. brand, the Allocation Manager develops and executes allocation and inventory management strategies to support the brand’s strategic objectives, maximizing sales and profitability.

RESPONSIBILITIES

  • In collaboration with the Product Development team, define financial and strategic goals and conduct ongoing reviews of retail sales, markdowns, and inventory levels.

  • Lead, develop, and motivate a team of allocation analysts to achieve objectives on time and in line with overall strategy.

  • Maintain weekly sales and inventory forecasts with the Product Development team and revise budgets accordingly to ensure proper stock levels.

  • Oversee unit forecasting to achieve sales, inventory, and profitability targets.

  • Develop and oversee the execution of markdowns and promotional strategies.

Qualifications

QUALIFICATIONS AND SKILLS

  • University degree in Business, Finance, or a related field of study.

  • Minimum of 5 years of relevant experience in budgeting and inventory management within a retail environment.

  • Excellent analytical and communication skills.

  • Ability to coach and mentor team members.

Additional Information

What We Offer (Why Join Us)

Because we know balance is essential – a flexible hybrid work environment.
A competitive benefits package – your well-being matters to us! We offer a comprehensive benefits program designed to take care of you.
Paid time off, sick leave, flexible days, and vacation – take the time you need to recharge, stay healthy, and spend quality time with your loved ones. We offer flexible leave options for you.
Because fashion is our passion – and you get to share in it! Enjoy a 50% discount on all regular-priced merchandise from our brands: Penningtons, Reitmans, RW&CO., and PENN.

Love working with us? Refer your friends and get rewarded for helping grow our talented team through our generous employee referral program.
We believe in investing in your future! Benefit from annual bonus potential and career development opportunities, including tuition reimbursement to help you reach your professional goals.

Total rewards are tailored based on your employment status, with different offerings for full-time, part-time, or contract roles.

If this inspires you... let’s talk. Send us your resume today!

By the way, did you know Reitmans (Canada) Limited has hundreds of stores across Canada and three leading fashion banners? Get ready to join Canada’s iconic fashion retailer with a proud history of success – a place where your voice is heard and you can leave your mark. There are many ways to style a career at RCL! #ReadytoRCL

Reitmans (Canada) Limited is an equal opportunity employer. We are committed to providing a diverse and inclusive workplace for all. We recognize that our future success depends on the perspectives and contributions of all our employees – their diverse backgrounds, abilities, and experiences strengthen our business. If you are contacted for a job opportunity, please inform us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All information received regarding accommodation will be kept confidential and used solely to ensure accessibility for candidates.

We thank all applicants for their interest. Only those selected for an interview will be contacted.

#LI-HV1

#RCLind

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The Company
Montreal, Quebec
3,002 Employees
On-site Workplace
Year Founded: 1926

What We Do

Why Reitmans (Canada) Limited At RCL (as we affectionately call ourselves), every moment of every day revolves around our customers and our love of fashion. We believe fashion empowers our customers to put their best foot forward when it matters the most. From the design table to the stores, we are always finding new ways to create memorable experiences, backed by a strong brand portfolio and powered by the most passionate people in the industry. We are proud of our almost one hundred years of history as Canada’s fashion retail icon, and we have a remarkable story to tell. Operating under three flagship brands – Reitmans, PENN. and RW&CO. – we thrive by demonstrating our passion for fashion. Our innovation and drive to constantly raise the bar on customer experience is complemented by our dedicated and talented team – our most important asset. Being RCL is all about caring for our people, working collaboratively and authentically, while inspiring performance. Our values come to life through the passionate people we hire, the charities we support and business relationships we create both in Canada and abroad. Come fashion your new career with us careers.smartrecruiters.com/ReitmansCanadaLteLtd/en

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