Retail Store Expansion & Development Manager

0 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

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.

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