Five Below Inc logo

SVP, Store Operations

Five Below Inc
  • Philadelphia, PA
    30+ days ago

    Job Description

    At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 27,000 associates who work at Five Below and they'll tell you there's no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.

    It's all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!

    Responsibilities:

    • Develop and execute a store operations strategy that enhances the customer experience and supports the anticipated rapid growth of the organization.
    • Collaborate with key corporate functions to identify, strategize, and implement transformative improvements in store operational processes. Leverage cross-functional partnerships to enhance efficiency, streamline omnichannel integration, prioritize the most important priorities, and elevate the customer experience across all touchpoints.
    • Oversee the management of operational processes and practices to ensure that store operations programs and standard operating procedures (SOP) are aligned with company values and goals.
    • Create efficiencies and increased sales opportunities across an omnichannel business model with integrated brick and mortar and ecommerce.
    • Monitor the competitive landscape and market conditions to identify opportunities, issues, and risks in order to recommend strategies and tactics for current and future store operations.
    • Develop and execute strategic merchandise flow processes that optimize labor efficiency, enhance operational effectiveness, and reinforce a customer-centric service culture.
    • Provide inspirational leadership and motivation to the team and ensure the continued development and management reflective of a purpose driven organization that drives a positive crew experience.
    • Drive a high-level of active engagement with both the Field Retail and Store Operations team as well as the support functions across the enterprise. Collaborate and influence relationships across departmental lines and the field to maximize sales.
    • Leverage data-driven insights and performance analytics to evaluate store productivity and profitability. Develop and implement strategic reporting frameworks that identify growth opportunities, optimize operational efficiency, and drive informed business decisions.
    • Partner with Store Finance and Field Management to identify, understand, and proactively schedule various selling & non-selling activities.
    • Ultimate oversight and management of Store Payroll Model, Store Sales Planning Process, supplies and other expense management and store business analytics.
    • Optimize and enhance the effectiveness of Sales Forecasting and Labor Scheduling systems by implementing data-driven strategies that improve accuracy, efficiency, and workforce productivity. Leverage predictive analytics and industry best practices to align staffing with business demand, maximizing sales opportunities and operational agility.
    • Operate with strong business acumen and hold accountability for overall profitability for all stores.
    • Serve as the subject matter expert for field operations in cross functional meetings.

    Qualifications/Experience:

    • 20+ years management experience in multi-unit store operations.
    • Demonstrated ability to think strategically, understand complex business challenges and formulate effective solutions.
    • Experience in environments where growth has required continual change and reformulation of the operating side of the business.
    • Excellent problem-solving skills. Strong execution skills. Strong financial acumen.
    • A track record of building and motivating strong, cohesive teams. Must be a communicative leader with an inclusive leadership style.
    • Driven, results oriented with positive outlook and clear focus on service to the stores/field.
    • Has successfully led a store organization through rapid growth.
    • Has led new system integration and championed change adoption
    • Proven success in developing and implementing omnichannel strategies including BOPIS.
    • Excellent verbal and written communication skills.

    Personal characteristics must include:

    • Highly organized and forward thinking
    • Risk taker, creative/innovative thinker
    • Agile and comfortable dealing with complexity
    • Integrity
    • Humility
    • Strategic
    • Intellectually sharp
    • High EQ
    • Incredible work ethic
    • Resilient
    • Inquisitive; challenges the status quo
    • Strong relationship skills
    • Ability to prioritize and simplify
    • Results driven
    • Active listener

    Explore our benefits site to discover all the perks and support we offer! From health coverage to financial and personal wellness, we've got you covered-check it out today! benefits.fivebelow.com/public/welcome

    Five Below is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.

    Five Below is committed to working with and providing reasonable accommodations for individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please submit a request and let us know the nature of your request and your contact information. crewservices.zendesk.com/hc/en-us/requests/new

    BE AWARE OF FRAUD! Please be aware of potentially fraudulent job postings or suspicious recruiter activity by persons that are posing as a Five Below recruiters. Please confirm that the person you are working with has an @fivebelow.com email address. Additionally, Five Below does NOT request financial information or payments from candidates at any point during the hiring process. If you suspect fraudulent activity, please visit Five Below's Career Site to verify the posting. fivebelow.com/info/careers

    Numbers & Facts

    LocationPhiladelphia, PA
    IndustryRetail
    Company Size2,500 to 4,999 employees
    Year Founded2002
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    Skills

    • Agile Programming Methodologiesunmatched
    • Best Practicesunmatched
    • Business Analysisunmatched
    • Business Modelunmatched
    • Business Operationsunmatched
    • Business Skillsunmatched
    • Communication Skillsunmatched
    • Competitive Researchunmatched
    • Cross-Functionalunmatched
    • Customer Experienceunmatched
    • Establish Prioritiesunmatched
    • Expense Managementunmatched
    • Financeunmatched
    • Identify Issuesunmatched
    • Leadershipunmatched
    • Operational Strategyunmatched
    • Operations Managementunmatched
    • Operations Processesunmatched
    • Organizational Skillsunmatched
    • Payroll Managementunmatched
    • Performance Analysisunmatched
    • Predictive Modelingunmatched
    • Presentation/Verbal Skillsunmatched
    • Problem Solving Skillsunmatched
    • Process Flowunmatched
    • Process Improvementunmatched
    • Process Managementunmatched
    • Profit & Lossunmatched
    • Retail Managementunmatched
    • Retail Operationsunmatched
    • Retail Salesunmatched
    • Revenue Growthunmatched
    • Riskunmatched
    • Salesunmatched
    • Sales Forecastingunmatched
    • Sales Operationsunmatched
    • Standard Operating Procedures (SOP)unmatched
    • Strategic Planningunmatched
    • System Integration (SI)unmatched
    • Vendor/Supplier Planningunmatched
    • Writing Skillsunmatched
    • eCommerceunmatched

    About Company

    Founded in 2002, Five Below(NASDAQ: FIVE) is a rapidly growing specialty value retailer offering a broad range of trend-right, high-quality merchandise targeted at the teen and pre-teen customer. Five Below offers a dynamic, edited assortment of exciting products, all priced at $5 and below, including select brands and licensed merchandise across a number of category worlds: Style, Room, Sports, Tech, Crafts, Party, Candy and Seasonal (which we refer to as "Now"). Five Below's dynamic assortment of merchandise includes everything from sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy, snacks and beverages, room décor, stationery and school supplies, books, cell/tablet accessories, novelty and "gag" items, and seasonal items. Five Below believes it is transforming the shopping experience of its target demographic with a unique merchandising strategy and high-energy retail concept that their customers consider fun and exciting.

    Five Below has reinvented the traditional five-and-dime for today's younger generation, and has launched a new retail category. At Five Below, "Whatever You Got Will Buy A Lot."

    As of 2013, Five Below's sales will exceed $500 Million with 304 stores in 19 states. We are experiencing tremendous success and growth. Our corporate offices are based in Center City Philadelphia.

    Five Below was founded by David Schlessinger, creator and founder of Encore Books and Zany Brainy along with Tom Vellios, former CEO of Zany Brainy, and current CEO of Five Below.

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