Five Below

Product Development Manager


PayCompetitive
LocationPhiladelphia/Pennsylvania
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: JR22509

      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 17,000 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!

      Report To: Director of Product Development

      JOB DESCRIPTION:

      As a key member to the Five below Product Development team you will be responsible for creating and managing Five Below’s private brand in Fitness/Games/Room Decor /Apparel /Pet . You will work cross functionally with the Five Below teams (Merchandising, Sourcing, Compliance, Marketing, Design) and vendors to create value driven products at a WOW Value. The Product Manager will own their categories ensuring all products fits the brand’s voice and value.

      Job Responsibilities:

      • Manage and own the product life cycle.
      • Responsible for daily communication with overseas teams.
      • Partner with Buying counterparts to build strategic product roadmap based on data-driven recommendations.
      • Identify growth opportunities through trend, suppliers, and retail landscape.
      • Maintain cross-functional communication with buyers, designer, compliance, sourcing, and marketing.
      • Responsible for execution of the development calendar
      • Perform margin and sales analysis on programs.
      • Work with testing/compliance team on new and existing products
      • Collaborate in the ideation and execution of new products and product extensions focusing on home goods, apparel, and/or seasonal items.
      • Drive improvements in evergreen products.
      • Partner with Product Development team to create presentations for seasonal trend direction.
      • Mentor and train product development assistance levels

      Required skills/abilities/qualifications:

      • Experience in sourcing product innovation, brand management, marketing, retail, or strategy consulting.
      • Product driven
      • Strong communication skills
      • Knowledge in manufacturing and factory production
      • Understanding of consumers and retail industry
      • Ability to manage multiple projects
      • Has a love for details.
      • Can adapt to changes
      • Analytical and creative thinking
      • Enjoys working in a team
      • Entrepreneurial attitude
      • Trend forecasting
      • Proficient in Microsoft Office
      • Adobe Creative Suite a plus
      • This is a hybrid role that requires a weekly presence in our Philadelphia office

      Education & experience:

      • Bachelor’s degree
      • Preferred 3-5 years’ experience in product development, sourcing, design, or buying experience. Prefer 2+ in category.
      • Overseas travel

      Physical Requirements:

      • Prolonged periods sitting at a desk and working on a computer.
      • Be able to lift up to 50lbs

      If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

      Five Below is an Equal Opportunity Employer.

      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 Careers Site at www.fivebelow.com/info/careers to verify the posting.

  • About the company

      Five Below Inc. is an American chain of specialty discount stores that sells products that cost up to $5, plus a small assortment of products from $6 to $10.