Job Information
Dollar Tree Director Real Estate Market Strategy in Chesapeake, Virginia
ABOUT US
Based in Chesapeake, VA, Dollar Tree, Inc. operates more than 16,000 stores across the 48 contiguous states and five Canadian provinces, supported by a coast-to-coast logistics network and more than 210,000 associates. With two iconic brands, Dollar Tree and Family Dollar, and a history of opening hundreds of stores each year, the company has grown its store formats to serve customers in all types of geographic markets. Come help us grow!
THE OPPORTUNITY
In this role, you will lead the Real Estate strategy and analytics teams in analyzing new and existing stores by leveraging internal and external data, market research, and spatial analytics via Geographic Information Systems (GIS). The position will serve as a key player in growing our Dollar Tree and Family Dollar store base by hundreds of new stores each year and analyzing our existing fleet of 16,000+ stores in North America. You will lead analytics in support of Dollar Tree’s aggressive store growth and renovation objectives and in developing and executing the strategic initiatives to support them. This position will offer a modern and thoughtful approach to data analysis utilizing the latest technologies with the goal of accelerating the company’s growth agenda, advancing Dollar Tree’s business objectives, and contributing to EBITDA and operating income improvements.
Specific responsibilities include but are not limited to:
Lead and manage teams responsible for the analysis around site selection for Dollar Tree, Dollar Tree Canada, and Family Dollar new, relocating, expanding, and re-bannering store locations.
Play key role in developing, analyzing, and maintaining sales forecasting and sales transfer models
Responsible for development of key strategic initiatives to support aggressive, profitable unit growth
Lead the implementation and execution of those strategies, and measure progress to goal
Prepare and present findings and make recommendations for future improvement
Manage and oversee the sales proforma, cannibalization, store level, banner level, and enterprise level profitability forecasts for all new, relocating, expanding, or re-bannering stores.
Oversee the preparation and presentation of financial deal sheets for senior executive review and approval from Real Estate Committee (REC).
Represent the team in REC and Pre-committees in presentation and evaluation of potential site locations
Analyze current store portfolio to identify trends that require action, propose and present findings, and work toward solutions
Lead analytics around evaluating the existing store fleet as candidates for renovation or other store level strategic initiatives.
Support portfolio management team in evaluating existing stores for renewal, renegotiation, or closure
Work closely with GIS leadership to manage, maintain, and leverage the latest data sets and GIS technologies, including mobility data
Maintain strong knowledge of the retail real estate environment
Stay current on the latest industry technologies, trends, and strategies by cultivating a network of industry contacts, attending industry conferences, and staying abreast of industry news
Foster strong cross-functional relationships across the organization and work collaboratively to identify and mitigate risks and make recommendation for process improvements
Travel with the RE team to evaluate proposed sites, existing stores, and competitive locations (5-10%)
Minimum Requirements/Qualifications:
Bachelor’s degree in GIS, Geography, Location Research, Analytics, or related quantitative field
10+ years of experience in real estate strategy and location analytics
8+ years of supervisory experience
Retail experience with a high growth company
Excellent written/oral communication and data presentation skills with ability to communicate with all levels of the organization including Senior executives.
Ability to collaborate effectively with cross-functional teams.
Advanced skills with Microsoft Word, Excel, PowerPoint
Experienced with GIS
Detail-oriented with excellent problem-solving skills and ability to translate business problems across disciplines into advanced analytic projects with measurable business value
Must be an independent thinker with the ability to work under minimal supervision and to thrive in a fast-paced environment while managing multiple projects and tight deadlines.
Demonstrated ability to lead, develop, and grow a team of associates
Travel 5-10%
Preferred Qualifications:
Master’s degree in related field
Experienced with Esri
Experienced with Alteryx
Experienced with statistical packages
Dollar Tree
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