Job Description
<Job Responsibilities> 1. Expansion & Investment Strategy • Lead and develop the overall store expansion roadmap (local and regional markets). • Identify and evaluate potential retail sites, including high-traffic malls, standalone stores, and premium locations aligned with the brand. • Conduct feasibility studies and financial modeling to assess investment returns (ROI) on new store developments. • Prepare and present business cases for new investments to the executive team and BOD. 2. Rental & Lease Management • Lead negotiation of lease terms with landlords and developers to ensure favorable conditions for the business. • Oversee rental portfolio performance and propose optimization plans (e.g., relocations, consolidations, or renegotiations). • Monitor and evaluate market trends in retail property and rental rates. 3. Business Development & Strategic Partnerships • Develop partnerships with real estate agencies, mall operators, and other key stakeholders. • Explore new business opportunities to enhance market presence and customer reach. • Identify and recommend innovative formats (pop-ups, shop-in-shop, digital integrations) for retail expansion. 4. Performance Tracking & Reporting • Track post-launch store performance against forecasted ROI. • Regularly report on expansion progress, investment outcomes, and business impact to executive leadership. • Manage risk assessments and mitigation planning for underperforming sites. 5. Leadership & Team Management • Lead, coach, and develop a high-performing Business Development team. • Foster collaboration with departments including Retail Operations, Finance, Visual Merchandising, and Marketing. • Ensure alignment between expansion strategies and overall business goals.
Job Requirement
<Necessary Skill / Experience > Qualifications & Experience: • Bachelor’s or Master’s degree in Business Administration, Real Estate, Finance, or a related field. • At least 3 years of experience as a business development director of retail expansion(fashion or lifestyle retail industry) • Proven track record in managing retail expansion, site selection, lease negotiations, and investment evaluations. • Strong commercial acumen and financial analysis skills. • Excellent stakeholder management, negotiation, and leadership abilities. • Strong understanding of retail property markets and consumer behavior. Competencies: • Strategic thinking and long-term planning • Negotiation and influencing skills • Financial literacy and ROI modeling • Strong interpersonal and communication skills • Proactive, results-driven mindset • Adaptability in a fast-paced retail environment