Spring 2025 Merchandise Planning Internship (Jan-May) - Altar'd State
Knoxville, TN 37901
About the Job
Who Are We?
Altar’d State is a rapidly growing women’s fashion brand with more than 130+ locations throughout the country across five brands. We are a place of respite for the modern-day woman and offer a distinctive shopping experience with the latest fashion finds, the most sought-after clothing and accessories and delightful home decor. STAND OUT for good, Inc includes a portfolio of brands: Altar’d State, Arula, Tullabee, AS Revival, and Vow’d all driven by optimism, artistry and giving back.
Our Mission
“Stand Out. For Good”. At Altar’d State, those four words are more than just our motto, they are why we exist. From Mission Mondays, where 10% of our net proceeds go directly to local charitable organizations, to our long-standing partnership with Coprodeli USA, in which we are in the process of building 22 schools for impoverished communities in Peru, we are committed to giving back in meaningful ways to those in need.
The Merchandise Planning Intern will gain hands-on experience in the dynamic world of retail merchandise planning and allocation. As a Merchandise Planning Intern, you’ll assist in various aspects of planning and allocation to ensure our products are in the right place at the right time to meet guest demand. The Intern will collaborate with cross-functional teams, including buying, marketing, and store operations, to ensure alignment on merchandise strategies. This opportunity offers a well-rounded experience in the retail industry and equips interns with essential skills and knowledge for a successful career in this field.
Key Responsibilities
- Work with large datasets to analyze historical sales data, inventory levels, and customer trends.
- Assist in managing inventory levels by monitoring stock levels, reorder points, and replenishment strategies.
- Learn to use forecasting models and software to predict customer demand for products.
- Work on allocating products to specific stores or the distribution center based on demand and inventory levels, ensuring that the right products are in the right place at the right time.
- Assist with pricing strategies and decisions, and manage markdowns to optimize sales and inventory turnover.
Qualifications
- Upcoming junior, senior or recent graduate with a strong academic record pursuing a degree in Business, Merchandising, Supply Chain Management, or a related field.
- Strong analytical skills with the ability to work with large datasets and interpret data.
- Proficiency in Google Workspace, Microsoft Excel or data analysis tools is a plus.
- Excellent communication and teamwork skills.
- Detail-oriented with a passion for retail and merchandising.
- Self-motivated and eager to learn.
- Must have a few days of open availability and able to work a minimum of 20-25 hours