Collaborate with divisions to identify & agree on new / strategic store sites, including expansion, reductions, closures and revamps. Create gross square meter growth in line with divisional strategies.
Responsibilities: Research & Analysis
Keep abreast of new developments within the designated geographic scope to:
Gather and share insights (re. availability, measurements, capex & commercial metrics) so that the Division can conduct a feasibility analysis. This involves on-site investigations.
Continuously monitor & track completion of feasibility studies from divisions to ensure that it is coming through the pipeline.
Use research & analytics to contribute to the annual strategic store review.
Stakeholder Engagement & Negotiation.
Negotiate the contractual terms & conditions with landlords/centre management for new and existing store locations to meet budget considerations and business requirements (e.g. store expansions). This entails preparing the required offer documentation with the assistance of the legal team.
Property Management.
Create & maintain long term relationships with landlords/centre management for current & future store operations and to assist the divisions in case of any property management issues.
Renewals.
-
Negotiate and complete lease renewals within Divisional mandates for all Divisions within the financial year.
