Retail Expansion Specialist

5 days ago


Bengaluru, Karnataka, India Purplle Full time

Job Title: Retail Expansion Specialist

Job Summary:

We are seeking a highly motivated and experienced individual to drive our brand's growth by identifying and securing optimal locations for new retail stores. As a Retail Expansion Specialist, you will be responsible for conducting market research, evaluating potential sites, and negotiating favorable lease terms to secure prime retail spaces.

Key Responsibilities:

  1. Market Analysis: Conduct thorough market research to identify potential locations for new store expansion, considering factors such as demographics, competition, foot traffic, and consumer behavior.
  2. Site Selection: Utilize market data and analytics to evaluate potential sites and make informed recommendations for store locations that align with our brand's target market and growth strategy.
  3. Real Estate Negotiation: Negotiate favorable lease terms and agreements with property owners, landlords, and real estate brokers to secure prime retail spaces for new store openings.
  4. Due Diligence: Conduct site visits and assess the suitability of potential locations based on factors such as visibility, accessibility, zoning regulations, and lease terms.
  5. Financial Analysis: 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.
  6. Relationship Building: Cultivate strong relationships with landlords, property owners, developers, and real estate professionals to source new opportunities and facilitate the store expansion process.

Requirements:

  • Bachelor's degree in Business Administration / MBA.
  • Minimum of 8-10 years of experience in retail store expansion and real estate acquisition, preferably F&B, Cosmetics, Beauty, Wellness, Pharma & Retail.
  • Strong understanding of retail market dynamics, real estate principles, and site selection criteria.
  • 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.
  • 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.
  • Willingness to travel as needed for site visits and market research.


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