Business Development Manager (for retail expansion & leasing)

Job Description

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. Collaborates with cross-functional teams to ensure that all expansion efforts align with the overall business objectives and enhance brand presence in the market.

Key Responsibilities:

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