Analyst - Real Estate

Dollar TreeChesapeake, VA
Onsite

About The Position

In this role, you will be responsible for developing and incorporating spatial analytics techniques into Family Dollar’s existing real estate planning and new store site selection process. The position will serve as a key player in growing our Family Dollar store base by hundreds of new stores each year and analyzing our existing fleet of 7,000+ stores in North America. You will use and enhance the Family Dollar Sales Forecasting process to provide sales and cannibalization projections, develop Market Optimizations to guide our Real Estate team to open high-performing stores, and derive market insights using the latest tools in data analytics. Come help us grow!

Requirements

  • Developing and incorporating spatial analytics techniques into Family Dollar’s existing real estate planning and new store site selection process.
  • Using and enhancing the Family Dollar Sales Forecasting process to provide sales and cannibalization projections.
  • Developing Market Optimizations to guide the Real Estate team to open high-performing stores.
  • Deriving market insights using the latest tools in data analytics.
  • Generating sales and enterprise profitability projections for new/relocating/expanding stores for all banners via thorough analyses involving the use of sales forecasting models.
  • Conducting analog store comparisons.
  • Identifying and understanding significant drivers of sales.
  • Forecasting cannibalization impacts on existing stores.
  • Monitoring competitive changes and subsequent impacts.
  • Performing post audits of sales forecasts to continuously improve the forecasting process.
  • Participating in developing market optimization strategies by determining locations for new stores.
  • Working closely with Real Estate, Operations, Asset Protection, and Sr. Management in developing strategies to determine the optimal deployment of stores in a market, by banner.
  • Gaining market/site intelligence through research and by working closely with the Real Estate Dept.
  • Fostering a strong working relationship between the Finance and Real Estate departments.
  • Visiting existing stores and potential new store locations to better understand the factors impacting sales.
  • Communicating timely and accurate reporting, by banner, on store growth, performance, and market factors influencing sales, highlighting key trends.
  • Preparing ad hoc real estate analyses and mapping requests for senior management.
  • Assisting in supporting Real Estate in fully leveraging GIS applications through training and day to day interaction.

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.
  • Conduct analog store comparisons.
  • Identify and understand significant drivers of sales.
  • Forecast cannibalization impacts on existing stores.
  • Monitor competitive changes and subsequent impacts.
  • Perform post audits of sales forecasts to continuously improve the forecasting process.
  • Participate in developing market optimization strategies by determining locations for new stores.
  • Work closely with Real Estate, Operations, Asset Protection, and Sr. Management in developing 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 Dept.
  • 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.
  • Assist in supporting Real Estate in fully leveraging GIS applications through training and day to day interaction.

Benefits

  • Invested in your health and wellness.
  • Perks, programs, and resources that help you at every stage of your life and career.
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