Retail Store Expansion
6 hours ago
1. Expansion Strategy & Planning
- Develop and implement the annual retail expansion plan across targeted geographies.
- Conduct market mapping, competitor analysis, and demographic studies to identify high-potential areas.
- Recommend formats (mall, high street, kiosk, franchise, etc.) based on market potential.
2. Site Identification & Evaluation
- Source and shortlist potential retail locations through brokers, developers, and local networks.
- Conduct site surveys, footfall analysis, trade area assessment, and catchment studies.
- Prepare feasibility reports, ROI projections, and business cases for management approval.
3. Negotiation & Finalization
- Negotiate commercial terms with landlords/developers including rent, CAM, deposit, lock-in, fit-out period, and revenue share if applicable.
- Work closely with Legal team to finalize LOIs, lease agreements, and required documentation.
4. Project Management & Store Development
- Coordinate with designers, architects, vendors, and contractors for layout finalization and store build-out.
- Ensure all approvals (municipal, mall management, permissions) are obtained on time.
- Track project timelines, budget adherence, and monitor on-ground project execution.
5. New Store Opening
- Collaborate with Operations, Marketing, IT, Supply Chain, and HR teams for seamless store opening.
- Ensure brand standards, visual merchandising guidelines, and operational readiness are met.
- Conduct post-opening reviews and handover to the Operations team.
6. Portfolio Management
- Monitor existing store performance and recommend relocations, right-sizing, closures, or remodels.
- Maintain database of all store leases, expiries, renewals, and rental escalations.
7. Relationship Management
- Build strong relationships with mall management teams, real estate developers, property consultants, and franchise partners.
- Represent the company in real estate forums, exhibitions, and networking events.
Job Type: Permanent
Pay: ₹15, ₹350,000.00 per month
Benefits:
- Cell phone reimbursement
- Flexible schedule
- Paid time off
Experience:
- Retail management: 5 years (Preferred)
- Market analysis: 4 years (Preferred)
Location:
- Kozhikode, Kerala (Required)
Work Location: In person
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