Retail Expansion Strategist
1 day ago
We are seeking a highly motivated and experienced professional to drive our brand's growth by identifying and securing optimal locations for new retail store expansion.
- Key Responsibilities:
- Conduct thorough market research to identify potential locations for new store expansion, considering factors such as demographics, competition, foot traffic, and consumer behavior.
- Evaluate potential sites and make informed recommendations for store locations that align with our brand's target market and growth strategy.
- Negotiate favorable lease terms and agreements with property owners, landlords, and real estate brokers to secure prime retail spaces for new store openings.
- Develop financial models to evaluate the feasibility and profitability of potential store locations, considering factors such as rent, operating expenses, sales projections, and return on investment.
- Cultivate strong relationships with landlords, property owners, developers, and real estate professionals to source new opportunities and facilitate the store expansion process.
Requirements:
- A minimum of 8-10 years of experience in retail store expansion and real estate acquisition, preferably in F&B, Cosmetics, Beauty, Wellness, Pharma & Retail.
- A strong understanding of retail market dynamics, real estate principles, and site selection criteria.
- A proven track record of successful lease negotiations and property acquisitions.
- Excellent analytical skills with the ability to interpret market data and financial metrics.
- Exceptional communication, negotiation, and interpersonal skills.
- The ability to work independently, prioritize tasks, and meet tight deadlines in a fast-paced environment.
- Proficiency in Microsoft Excel, PowerPoint, and real estate software/tools.
Estimated Salary: ₹1,200,000 - ₹1,500,000 per annum
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