Macy's Internship Program - Merchandise Planning & Allocation Intern

New York, NY, USA
Posted 2 months ago

Company presentation

Macy's is proudly America's Department Store. Customers come to us for fashion, value, and high-quality products. Macy's is also known for our love of celebration and giving back to our communities. There's a reason we've been around for 160 years. Now is an exciting time to join Macy's. The face of retail is changing, and change requires innovation. We have a history of re-invention and are always looking forward.

Macy's offers recent college graduates a concentrated mix of hands-on experience, education, and encouragement. We will help you build upon what you learned in college to create a bright career future. As a Macy's colleague, you'll have endless possibilities to grow your career while finding meaningful ways to make a difference. So, come join us and share your unique contribution. You'll make an impact you, and everyone else can be proud of.

For us, it's more than just a job, we are all part of the Macy's family. From stores to call centers. From offices to warehouses. Wherever you may be working, you are important to our success. We're all in this together!

Job description

The Macy's 8-week summer internship program in Product Development provides exposure to the development of Macy's private label brands. The Product Development function is part of Macy's Supply Chain division and is responsible for driving sales growth and profitability through exclusive brands. The Product Development team owns assortment execution and is responsible for building and managing Macy's Private Brand programs. The team is instrumental in building the vision of Macy's Private Brands and works with Sourcing to achieve desired final product cost and Brand / Category IMU targets for its products. The Product Development teams work closely with the buying and sourcing teams to ensure the translation of design intent into an approved sample that meets the brand's aesthetic, style and fit needs at the cost and margin targets required. Key responsibilities include executing against the assortment strategy and participating in milestone meetings.

Macy's summer internship program provides interns with a hands-on and in-depth understanding of a core business function in retail. Interns have opportunities to directly impact the business as a key part of a team and by sharing new ideas. Macy's interns experience everything our culture has to offer through exposures to senior leaders, professional development workshops, and networking opportunities. The internship program may lead to an opportunity to work full-time with Macy's in our early careers program after graduation. This internship program will be held in Macy's New York, New York Corporate offices and will begin in June.

Essential Functions:

- Receive professional development through a combination of hands-on learning, structured workshops, and collaborative projects

- Build relationships with other interns, business leaders, and team colleagues

- Competitive shop to understand competitor assortment

- Assist in managing and tracking all meeting samples requested for area of responsibility

- Review sample execution with team

- Assist in creating initial styles in Product Lifecycle Management (PLM) system & Order Management System (OMS)

- Support in preparation for Mid-Point / Pre-Line Review, Line Review Meetings and Post Buy Recap meetings

- Assist in keying assortment purchase orders (PO) as well as managing and tracking POs throughout the season

- Work with Product Associate to update IMU Roll-Up throughout the season

- Aptitude to function within deadlines, while working both independently and as part of a team

- Regular, dependable attendance & punctuality


High School Diploma or equivalent required

- Junior status (rising Senior at the time of the internship), pursuing a Bachelor's degree with strong academic performance

- Minimum 3.0 GPA preferred

- All majors will be considered for this opportunity

- Excellent written and verbal skills with the ability to influence others. Strong storytelling and presentation skills

- Ability to read, write, and interpret instructional documents such as reports and procedure manuals

- Must have excellent mathematical skills.

- Ability to apply concepts of profitability and statistical inference to practical situations

- Readily grasp numerical concepts and interpret financial information accurately

- Ability to utilize retail math skills to analyze and drive business

- Ability to independently organize and prioritize broad workload to meet deadlines in a challenging, fast-paced environment

- Ability to think through problems and apply strategies to solve

- Ability to multitask and collaborate cross functionally with multiple internal and external business partners

- Strong analytical and problem-solving skills

- Strong trend and pattern recognition skills

- Basic understanding of financial performance metrics and assortment planning

- Proficient in Microsoft Office - advanced proficiency in Excel (vlookup, pivot tables, macros, advanced formulas, etc.) is a plus

- Run and interpret reports and operate system tools as assigned by supervisor

- Demonstrated leadership and team-building abilities

- Ability to streamline processes

- Exhibits high standards and accountability; takes pride in accuracy

- High aptitude; process information quickly with ability to offer solutions to challenges with strong decision making skills

- Strong attention to detail

- Ability to manage across all levels

- Ability to work a flexible schedule based on department and Company needs.

Physical Requirements:

- Position requires prolonged periods of standing/walking around facility or department

- Frequent use of computers and other technology necessary to perform job duties, including handheld electronic equipment.

- May involve reaching, crouching, kneeling, stooping and color vision

- Frequently lift/move up to 25lbs

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