Analyst - Real Estate

Principal Duties and Responsibilities

• Incorporate spatial analytics techniques into site selection process.
• Generate sales and enterprise profitability projections for new/relocating/expanding stores for all banners via thorough analyses involving the use of sales forecasting models.
• Carry out analog store comparisons.
• Identify and comprehend significant drivers of sales.
• Forecast cannibalization impacts on existing stores.
• Maintain monitoring of competitive changes and their subsequent impacts.
• Perform post-audits of sales forecasts to continually improve the forecasting process.
• Participate in developing market optimization strategies by pinpointing locations for new stores.
• Collaborate closely with Real Estate, Operations, Asset Protection, and Senior Management in devising strategies to determine the optimal deployment of stores in a market, by banner.
• Gain market/site intelligence through research and by working closely with the Real Estate Department.
• Foster a strong working relationship between the Finance and Real Estate departments.
• Visit existing stores and potential new store locations to better understand the factors impacting sales.
• Communicate timely and accurate reporting, by banner, on store growth, performance, and market factors influencing sales, highlighting key trends.
• Prepare ad hoc real estate analyses and mapping requests for senior management.
• Aid in supporting Real Estate in fully leveraging GIS applications through training and day-to-day interaction.

Pay

Projected Salary Range: $67,000-$75,000

Schedule

Full time

Location

510 Volvo Parkway, Chesapeake, Virginia 23320