Explore Retail Merchandise Planner Schools (2024)

Looking to start your journey as a Retail Merchandise Planner? Finding the right education is key. Here's a curated list of schools offering quality Retail Merchandise Planner programs:

  • We've identified top institutions known for excellent Retail Merchandise Planner education.
  • Options include both local schools and nationally recognized programs.
  • Each listing highlights relevant degree programs for aspiring Retail Merchandise Planner professionals.
  • You'll also find information on related career paths in the field.

Browse through these options to find a program that aligns with your career goals in the Retail Merchandise Planner industry.

Top Retail Merchandise Planner Schools (2024)

View our ranking methodology here
#1Maricopa County

University of Phoenix-Arizona

Phoenix, AZ

In-State Tuition:$9,552
Out-of-State Tuition:$9,552
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:88,891
#2Merrimack County

Southern New Hampshire University

Manchester, NH

In-State Tuition:$15,000
Out-of-State Tuition:$15,000
Admission Rate:96%
Graduation Rate:41%
Total Enrollment:164,091
#3Salt Lake County

Western Governors University

Salt Lake City, UT

In-State Tuition:$7,404
Out-of-State Tuition:$7,404
Admission Rate:N/A
Graduation Rate:49%
Total Enrollment:156,935
#4El Paso County

Colorado Technical University-Colorado Springs

Colorado Springs, CO

In-State Tuition:$12,036
Out-of-State Tuition:$12,036
Admission Rate:N/A
Graduation Rate:20%
Total Enrollment:24,808
#5Maricopa County

Grand Canyon University

Phoenix, AZ

In-State Tuition:$16,407
Out-of-State Tuition:$16,407
Admission Rate:78%
Graduation Rate:45%
Total Enrollment:101,816
#6Lynchburg City

Liberty University

Lynchburg, VA

In-State Tuition:$15,467
Out-of-State Tuition:$15,467
Admission Rate:99%
Graduation Rate:66%
Total Enrollment:96,709

Retail Merchandise Planner Required Education (2024)

To become a Retail Merchandise Planner, you will need to meet specific educational requirements that vary depending on the level of the position you aim to secure.

  • Minimum Education

    • An associate degree in a related field such as business, retail management, or marketing is often considered the minimum educational requirement.
    • However, many employers prefer candidates who possess a bachelor's degree.

  • Advanced Education

    • A bachelor's degree in fields such as merchandising, business administration, marketing, or supply chain management can enhance your eligibility for more advanced roles within retail merchandise planning.
    • Some positions may also require or favor candidates with a master's degree in business administration (MBA) or a specialized master's in retailing or merchandising.

The level of education you choose will impact your potential for advancement within the field, as well as your understanding of the complexities involved in retail and merchandise planning.

Retail Merchandise Planner Professional Certifications & Licenses (2024)

To pursue a career as a Retail Merchandise Planner, obtaining relevant certifications can enhance your credentials and demonstrate your expertise in the field. While certifications may not always be mandatory, they are highly regarded and can make you a more competitive candidate. Here are some certifications and licenses that are valuable for Retail Merchandise Planners:

  • Certified in Planning and Inventory Management (CPIM): Offered by the Association for Supply Chain Management (ASCM), this certification focuses on the mastery of the planning and inventory management processes. It covers topics such as demand management, procurement, and inventory control.

  • Certified Retail Merchandise Professional (CRMP): This certification is designed specifically for retail professionals. It covers essential retail concepts, including merchandise planning, assortment strategy, and supply chain management.

  • Professional in Supply Management (PSM): The Institute for Supply Management (ISM) offers this certification, which focuses on procurement and supply management knowledge that is relevant to merchandise planning.

  • Certified Supply Chain Professional (CSCP): Also offered by ASCM, this certification equips you with skills in supply chain management, covering end-to-end supply chain processes, making it beneficial in understanding the flow of merchandise.

  • Chartered Institute of Procurement & Supply (CIPS) Certification: CIPS offers various levels of certification in procurement and supply chain management, which can provide important insights into the sourcing and purchasing aspect of retail sales.

  • Retail Management Certificate: Various institutions offer this certificate that covers critical areas of retail management, including visual merchandising, inventory control, and customer service, which are valuable for a merchandising planner's role.

Having one or more of these certifications can demonstrate your commitment to professional development and your proficiency in the key areas needed for success as a Retail Merchandise Planner.

Job Duties for Retail Merchandise Planners

  • Buy merchandise or commodities for resale to wholesale or retail consumers.

  • Examine, select, order, or purchase merchandise consistent with quality, quantity, specification requirements, or other factors, such as environmental soundness.

  • Negotiate prices, discount terms, or transportation arrangements with suppliers.

Technologies and Skills Used by Retail Merchandise Planners

Enterprise resource planning ERP software

  • Oracle JD Edwards EnterpriseOne
  • SAP software

Point of sale POS software

  • Plexis Software Plexis POS
  • Windward Software Windward System Five

Presentation software

  • Microsoft PowerPoint

Basic Skills

  • Listening to others, not interrupting, and asking good questions
  • Talking to others

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Social

  • Bringing people together to solve differences
  • Talking people into changing their minds or their behavior

Retail Merchandise Planner Internships, Apprenticeships & Practical Training

Gaining practical experience through internships and apprenticeships is vital for establishing a career as a Retail Merchandise Planner. These opportunities provide insights into the retail industry, enhance your skill set, and help you build a professional network. Below are some examples of internship and apprenticeship opportunities that you may encounter in this field:

  • Retail Merchandise Planning Internships

    • Major retail companies, such as Target, Walmart, and Macy's, often offer internship programs specifically for merchandising. These internships typically involve analyzing sales data, assisting in inventory management, and collaborating with merchandising teams to optimize product assortment.

  • Supply Chain Internships

    • Internships focused on supply chain management at companies like Amazon or The Home Depot can provide valuable experience in understanding inventory flow and logistics, which are essential for effective merchandise planning.

  • Data Analysis Internships

    • Positions in data analysis within retail firms can help you develop technical skills in analyzing customer buying patterns and inventory trends. Companies like Nordstrom or Sephora may offer internships in their analytics departments that are relevant to planning roles.

  • Fashion Merchandising Internships

    • If you are interested in the fashion sector, look for internships with fashion retailers such as H&M or Zara. In these roles, you'll work closely with buyers and planners to analyze trends and assist in developing assortments that resonate with customers.

  • E-commerce Merchandising Internships

    • Many companies now have dedicated e-commerce channels, and internships in this area can provide insights into online merchandising strategies. Companies like Etsy or eBay often offer roles focused on digital merchandising, where you will learn about product placement, pricing strategy, and promotional campaigns.

  • Apprenticeships with Retail Associations

    • Some retail associations, like the National Retail Federation (NRF), may offer apprenticeship programs that combine classroom learning with on-the-job training. These programs can help you gain foundational skills in merchandising planning while connecting you with industry professionals.

  • Collaborative Projects with Retail Courses

    • Some universities partner with retailers to create experiential learning opportunities within their business programs. Engaging in project-based learning that includes real-world case studies will help enhance your understanding of merchandise planning.

  • Summer Analyst Programs

    • Large retail firms sometimes offer summer analyst programs, which often include rotations in various departments such as finance, marketing, and merchandising. Participating in such programs will give you a broader perspective on how merchandise planning fits into the overall retail strategy.

Seeking out these types of internships and apprenticeships will not only expose you to the practical aspects of merchandise planning but will also significantly enhance your resume and professional confidence in the retail industry.

Retail Merchandise Planner Continuing Education & Professional Development (2024)

In the retail industry, ongoing education and professional development are essential for staying competitive and enhancing your skills as a Retail Merchandise Planner. Here are several avenues you can explore:

  • Advanced Degrees: Consider pursuing a master's degree in areas such as supply chain management, business administration, or retail management. These programs often cover advanced concepts in analytics, finance, and consumer behavior that are beneficial for retail merchandise planning.

  • Professional Certifications: Obtaining relevant certifications can enhance your credibility and expertise. Look into options like:

    • Certified in Planning and Inventory Management (CPIM) – Offered by APICS, this certification emphasizes production and inventory management skills.
    • Certified Retail Management Professional (CRMP) – This certification focuses on retail-specific management skills, including inventory effectiveness and merchandising strategies.
    • Retail Analytics Certificate – Offered by various institutions, this program focuses on data analysis techniques specific to the retail sector.

  • Workshops and Seminars: Attend workshops and seminars focused on the latest trends in retail, merchandising, and supply chain technologies. These events provide networking opportunities and valuable insights from industry experts.

  • Online Courses: Many platforms, such as Coursera, edX, and LinkedIn Learning, offer courses on retail analytics, inventory management, and advanced merchandising techniques. These courses can often be completed at your own pace to fit your schedule.

  • Industry Conferences: Participate in industry conferences like the National Retail Federation (NRF) events or the International Council of Shopping Centers (ICSC) conferences. These gatherings provide insights from thought leaders, current trends, and networking opportunities with peers.

  • Professional Associations: Join professional associations such as the Retail Industry Leaders Association (RILA) or the Association for Retail Environments (ARE). Membership often provides access to exclusive educational resources, industry research, and networking events.

  • Mentorship Programs: Seek mentorship opportunities within your organization or through industry networks. Having a mentor can provide guidance, knowledge transfer, and career advancement insights that are vital for your progression in retail merchandising.

  • Networking Opportunities: Engage with peers through networking groups or social media platforms dedicated to retail professionals. Sharing experiences and strategies can lead to personal growth and collaborative learning.

By actively pursuing these options, you can enhance your knowledge, adapt to changing industry dynamics, and establish yourself as a proficient Retail Merchandise Planner.

What To Look For When Deciding On Campus vs Online Degree Programs for Retail Merchandise Planners (2024)

When considering education for a career as a Retail Merchandise Planner, both online and campus-based programs offer unique advantages. Here’s a comparison to help you make an informed decision:

Online Education Programs

  • Flexibility: Online programs provide you with the freedom to study at your own pace and schedule. This is ideal if you're balancing work or personal commitments.
  • Accessibility: You can access coursework from anywhere with an internet connection, which allows for a broader selection of institutions that may not be local.
  • Technology Integration: Online programs often utilize advanced learning technologies, including virtual simulations and interactive modules, which can enhance your understanding of retail planning tools.
  • Cost-Effectiveness: Often, online programs can be less expensive than campus-based programs due to lower overhead costs for the institution.
  • Diverse Networking Opportunities: Studying online can connect you to a diverse group of students and professionals from various geographical locations, broadening your industry perspective.

Campus-Based Education Programs

  • Structured Learning Environment: Attending classes on campus offers a more traditional educational experience, which some learners find beneficial for maintaining focus and discipline.
  • In-Person Networking: Campus programs provide direct access to professors, industry speakers, and classmates, allowing for personal relationships that are vital for future job opportunities.
  • Hands-On Experience: Many campus programs include hands-on projects, internships, and workshops with retailers, which can enhance your practical skills in merchandise planning.
  • Resources and Facilities: On-campus resources, such as libraries, career services, and tutoring centers, are typically more accessible in-person, providing additional support for your studies.
  • Extracurricular Activities: Enrolling in a campus program often means you can participate in clubs and organizations relevant to retail management, offering further networking and learning opportunities.

When determining the best fit for you, consider your personal preferences, learning style, and career goals. Evaluating both online and campus-based options will aid in making a decision that aligns with your aspirations in retail merchandise planning.

Retail Merchandise Planner Typical Career Path (2024)

As you embark on a career as a Retail Merchandise Planner, you'll typically progress through several stages, gaining experience and responsibility along the way. Here’s an overview of the typical career path you might expect.

Entry-Level Positions

  • Merchandise Assistant

    • Support senior planners in data analysis and report preparation.
    • Assist in inventory management and stock tracking.
    • Learn the basics of retail merchandise planning and seasonal forecasting.

  • Inventory Analyst

    • Focus on maintaining optimal inventory levels and analyzing sales data.
    • Work with various teams to identify trends and forecast future needs.
    • Develop skills in inventory management software and tools.

Mid-Level Positions

  • Retail Merchandise Planner

    • Take on responsibility for specific product categories or departments.
    • Develop and execute merchandise plans based on sales forecasts and market trends.
    • Collaborate with buying teams to align inventory with sales strategy.

  • Demand Planner

    • Focus on forecasting potential customer demand to optimize inventory levels.
    • Analyze historical sales data to make informed projections and recommendations.
    • Serve as a liaison between sales, supply chain, and merchandising teams.

Advanced Roles

  • Senior Merchandise Planner

    • Lead larger teams and take responsibility for multiple product categories.
    • Develop long-term strategies that align with organizational goals and market trends.
    • Mentor and train junior planners and assistants.

  • Merchandising Manager

    • Oversee the entire merchandising process and develop strategic initiatives.
    • Manage budget allocations and assess return on investment for merchandising decisions.
    • Work cross-functionally to ensure alignment between marketing, sales, and product development.

  • Director of Merchandising

    • Set the vision and direction for the entire merchandising department.
    • Analyze market trends at a high level and make strategic decisions that affect overall business performance.
    • Collaborate with executive leadership to align merchandising strategy with corporate objectives.

Your career as a Retail Merchandise Planner can lead to various roles across the retail and merchandising landscape, offering opportunities to develop a wide range of skills in analysis, strategic planning, and team management.

Related Fields and Alternative Career Paths to Retail Merchandise Planners (2024)

As a Retail Merchandise Planner, your expertise in inventory management, sales forecasting, and consumer behavior equips you with a robust set of transferable skills applicable to various related fields. Here are some alternative career paths you might consider:

  • Buyers/Purchasing Agents
    Your skills in analyzing market trends and consumer preferences directly translate to a buyer's role. Buyers are responsible for selecting and purchasing merchandise for retail stores. Your experience in planning and forecasting will enhance your ability to make informed purchasing decisions.

  • Inventory Control Specialist
    This position focuses on maintaining optimal stock levels and minimizing excess inventory. Your background in merchandise planning prepares you well to analyze sales data and implement effective inventory strategies.

  • Retail Operations Manager
    Transitioning to an operations manager role is a natural progression, as you will rely on your planning expertise to oversee store operations, manage teams, and implement sales strategies that improve profitability.

  • Financial Analyst
    The analytical skills you’ve developed as a merchandise planner can be utilized in a financial analyst role. Here, you would analyze financial data, assess economic trends, and help organizations make strategic decisions regarding their finances.

  • Market Research Analyst
    Understanding consumer behavior and market trends is key for this role. Your ability to interpret sales data and apply it to strategic planning can facilitate thorough market analysis, guiding product development and marketing strategies.

  • E-commerce Merchandise Manager
    With the rise in online shopping, this role involves managing product assortments, pricing strategies, and promotions for e-commerce platforms. Your knowledge of traditional merchandise planning can easily pivot to digital environments.

  • Product Development Specialist
    If you are drawn to the creative side of retail, consider this role, which focuses on developing new products based on market trends and consumer needs. Your strong understanding of inventory and merchandising will aid in assessing the viability of new products.

  • Supply Chain Coordinator
    This role involves overseeing the flow of goods from suppliers to consumers. Your planning and organizational skills will help optimize supply chain processes, ensuring efficient delivery of products.

  • Sales Analyst
    Analyzing sales data to understand trends and forecast future sales is critical in this role. The analytical skills you possess as a merchandise planner will be beneficial in deriving actionable insights from complex data sets.

Your educational background in retail management, business, or a related field lays a strong foundation for these alternative career paths. Consider pursuing additional certifications relevant to your area of interest or gaining more experience in specific roles to further enhance your career mobility. This investments can open doors to various opportunities within the retail and broader business sectors.

Retail Merchandise Planner Frequently Asked Questions (FAQs) (2024)

  • What educational background is typically required for a Retail Merchandise Planner?
    A bachelor’s degree in business, retail management, marketing, or a related field is commonly required. This foundational education equips you with essential skills in finance, analytics, and consumer behavior.

  • Is it necessary to have a degree in fashion or merchandising?
    While having a degree specifically in fashion or merchandising can be beneficial, it is not strictly necessary. Many successful planners have degrees in broader business disciplines. Relevant experience in retail can also be advantageous.

  • Are there any specific certifications that can enhance my prospects as a Retail Merchandise Planner?
    Yes, certifications such as Certified in Production and Inventory Management (CPIM) or Certified Supply Chain Professional (CSCP) can enhance your credentials and demonstrate your expertise in inventory and supply chain management.

  • What advanced degrees should I consider pursuing?
    An MBA with a concentration in retail management, supply chain management, or merchandising can provide additional skills and understanding of higher-level strategic planning, which could be valuable for career advancement.

  • How important is experience in retail for this role?
    Experience in retail is very important. Many positions require prior experience in retail operations, buying, or inventory management, as this provides practical knowledge and understanding of the retail environment.

  • Can internships provide valuable experience for aspiring Retail Merchandise Planners?
    Yes, internships are an excellent way to gain practical experience and apply your academic knowledge. They also allow you to network within the industry, making it easier to find job opportunities after graduation.

  • What skills are essential for a successful Retail Merchandise Planner?
    Essential skills include analytical thinking, strong communication, proficiency in Excel and other data analysis tools, knowledge of inventory management, and an understanding of market trends and consumer behavior.

  • Is ongoing education important in this career?
    Yes, ongoing education can be important to stay updated with industry trends, new retail technologies, and changing consumer preferences. Workshops, webinars, and industry conferences can provide valuable insights.

  • What other roles can I pursue after gaining experience as a Retail Merchandise Planner?
    With experience, you can move into positions such as Senior Merchandise Planner, Buying Manager, or Director of Merchandising. Many professionals also transition into roles related to supply chain management or retail strategy.

  • What is the job outlook for Retail Merchandise Planners?
    The job outlook for Retail Merchandise Planners is generally positive, driven by advancements in technology and an increasing focus on data-driven decision-making in retail. Staying current with industry trends can significantly enhance your opportunities.

Additional Resources for Retail Merchandise Planners (2024)

  • Educational Institutions

    • American Public University
      • Offers online degrees relevant to Retail Merchandise Planning, such as a Bachelor’s in Retail Management.
    • LIM College
      • Provides specialized courses in fashion merchandising and retail management ideal for aspiring Retail Merchandise Planners.

  • Professional Organizations

    • Association for Retail Professionals (ARP)
      • A professional network that offers resources, education, and certification opportunities for retail professionals.
    • National Retail Federation (NRF)
      • A leading retail trade association providing research, resources, and networking opportunities for retail professionals.

  • Online Learning Platforms

    • Coursera
      • Offers courses on retail and merchandise planning from recognized universities, covering topics like inventory management and consumer behavior.
    • edX
      • Features programs focused on supply chain management and retail marketing from institutions like MIT and Harvard.

  • Industry Publications and Journals

    • Journal of Retailing
      • Offers peer-reviewed research articles on various aspects of retail, which can enhance your understanding of current trends and practices.
    • Retail Dive
      • A leading publication that provides insights, trends, and analysis specifically for retail professionals.

  • Software and Tools

    • Microsoft Excel
      • Essential for data analysis, reporting, and inventory management tasks; consider taking advanced Excel courses.
    • Retail Math Calculators
      • Various online calculators are available to help with key calculations such as markup, markdown, and inventory turnover ratios.

  • Webinars and Workshops

    • Retail Management Institute (RMI)
      • Offers webinars and workshops focusing on retail planning and analysis.
    • The Retail Group

  • Networking Opportunities

    • LinkedIn Groups
      • Join relevant groups such as the Retail Professionals group to connect with others in the field and share insights.
    • Meetup
      • Look for local retail and merchandising meetups to network with professionals in your area.

These resources will aid you in acquiring essential knowledge and skills essential for a successful career as a Retail Merchandise Planner.