Business Development Manager (for retail expansion & leasing)
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Key skills for this role
About the Role
At Grandiose we are looking for Business Development Manager, well experienced in space acquisition & expansion from Retail/F&B Industry Job Purpose: The BDM will be responsible for driving the strategic growth and expansion of retail business within designated geographical areas.
Key Skills for This Role
Full Job Posting
Grandiose
we are looking for
Business Development Manager
, well experienced in space acquisition & expansion from Retail/F&B Industry
Job Purpose
The BDM will be responsible for driving the strategic growth and expansion of retail business within designated geographical areas.
Collaborates with cross-functional teams to ensure that all expansion efforts align with the overall business objectives and enhance brand presence in the market.
Strategic Planning
- Develop and execute area development strategies to drive market growth, increase market share, and enhance brand visibility.
- Conduct market analysis to identify trends, competitive landscape, and opportunities for expansion.
New Store Development
- Lead the site selection process for new store locations, conducting feasibility studies and financial assessments to support decision-making.
- Oversee the development and launch of new stores, ensuring alignment with brand standards and operational goals.
Market Analysis
- Conduct thorough market analysis to assess the performance potential of new stores, evaluating key metrics and trends to project year-over-year performance.
Team Leadership
- Lead and mentor a team of area managers and development professionals, fostering a culture of accountability and high performance.
- Provide training and support to team members to enhance their skills and capabilities in area development.
Stakeholder Engagement
- Build and maintain relationships with key stakeholders, including landlords, community organizations, and local government agencies.
- Represent the company in negotiations and discussions related to new store locations and area development initiatives.
Budget Management
- Develop and manage budgets for area development projects, ensuring financial targets are met and resources are utilized effectively.
Regulatory Compliance
- Ensure that all area development activities comply with relevant regulations, health and safety standards, and company policies
Required Qualifications, Experience & Skills
- Bachelor’s degree in Business Administration, Retail Management, or a related field; Master’s degree preferred.
- At least 8+ years in a senior area development or expansion role within the retail industry, with a proven track record of successful store openings and performance optimization
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