Retail Department Leader(Retail Expansion)
2 days ago
**Job Summary**:
**Key Responsibilities**:
**Store Development and Expansion**:
- Lead and manage the entire store opening process within your assigned region, from initial site selection and lease negotiations to store launch and post-opening optimization.
- Develop and implement expansion strategies aligned with KKV's overall business goals.
- Manage relationships with landlords and shopping mall representatives to secure favorable lease terms and prime retail locations.
- Oversee the construction and fit-out of new stores, ensuring timely completion and adherence to KKV's brand standards.
- Monitor and analyze key performance indicators (KPIs) for new stores, identifying areas for improvement and implementing corrective actions.
**Market Analysis and Competitive Intelligence**:
- Conduct thorough market research and analysis to identify optimal locations for new stores.
- Monitor competitor activity, including sales data, distribution strategies, and market trends.
- Identify emerging opportunities and threats within the retail landscape.
**Relationship Management**:
- Build and maintain strong relationships with key stakeholders, including landlords, shopping mall management, and other business partners.
- Negotiate favorable terms and conditions for lease agreements and other commercial arrangements.
**Store Optimization**:
- Analyze store performance data (e.g., sales, costs, EBITDA) for stores opened within the past 3 months.
- Identify opportunities to improve efficiency, reduce operating costs, and maximize profitability.
- Implement strategies to optimize store operations and enhance the customer experience.
**Job Requirements**:
- Bachelor's degree in Business Administration, Real Estate, or a related field.
- Minimum 5 years of experience in retail expansion, with at least 2 years of experience in overseas chain store expansion.
- Demonstrated success in securing prime retail locations and negotiating favourable lease terms.
- Proven ability to manage multiple projects simultaneously and meet tight deadlines.
- Strong analytical and problem-solving skills, with the ability to interpret data and make informed decisions.
- Excellent communication, interpersonal, and negotiation skills.
- Ability to work independently and as part of a team.
- Flexibility to work a rotating retail schedule, including weekends and public holidays.
- Willingness to travel domestically and internationally as required.
- Experience in the fast-moving consumer goods (FMCG) or new retail market is highly desirable.
- Existing relationships with shopping mall representatives in overseas markets are a significant advantage.
Working location**:Tiong Bahru
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