Sr. Analyst, Market Analysis

Target•Minneapolis, MN
•Hybrid

About The Position

As a Sr Analyst on Target’s Market Research and Analysis team, you will support market analysis, strategic planning, geospatial analysis, and location research for new and existing store capital investment programs. You will partner with Market Research, Finance, Properties-Real Estate, Operations, Stores, and Merchandising teams to develop and communicate holistic market strategy using geographic, store, and market insights. Your work will influence new store location strategy and existing store reinvestment decisions, supporting market-based decision-making. You will own store sales forecasting for locations across your assigned markets, working to improve forecast accuracy and assess the importance of store-location attributes. This includes interpreting strategic tradeoffs, competitive positioning, site dynamics, market trends, and demographic and economic indicators. You will use geospatial analysis to inform market and location decisions, including evaluation of trade areas, market characteristics, competitive positioning, and other location-based factors. You will present findings to leadership across Market Research and Analysis, Properties, and FP&A, and contribute ideas to improve research methodologies, GIS systems, databases, demographic data, analytical tools, geospatial workflows, and the integration of geographic and market data. Job duties may change at any time due to business needs. The position is hybrid/flex, with work performed both onsite at Target HQ in Minnesota (Tuesday, Wednesday, and Thursday) and virtually, depending on role, team, and daily tasks. Work duties must be performed within the country of the primary work location unless otherwise prescribed by Target. The role involves 10–20% travel.

Requirements

  • Bachelor of Arts, Bachelor of Science, or equivalent in business, geography, urban planning, or a related field.
  • 4–6 years of relevant business experience.
  • Strong analytical, decision-making, project management, and organizational skills.
  • Strong quantitative and problem-solving skills, including the ability to use data to evaluate market and location questions and translate findings into actionable recommendations.
  • Leadership skills, initiative, curiosity, enthusiasm, and a passion for results.
  • Experience collaborating across departments or business units and driving results through collaboration.
  • Outstanding interpersonal and communication skills, including tailoring messages to the audience, handling consequences, crises, setbacks, and conflicts constructively and diplomatically, providing essential information to the right people at the right time, and building relationships.
  • Willingness to travel 10–20%.
  • Ability to perform work duties within the country of the primary work location unless otherwise prescribed by Target.

Nice To Haves

  • Experience with data analytics and visualization tools such as Tableau, Power BI, or Alteryx.
  • Experience with geographic information systems such as ESRI, MapInfo, or QGIS.
  • Experience applying GIS and geospatial analysis to business or market questions, including trade-area analysis and other location-based analytical workflows.
  • Experience with SQL and working with geographic and other business data to support market and location analysis.

Responsibilities

  • Support market analysis, strategic planning, geospatial analysis, and location research for new and existing store capital investment programs.
  • Partner with Market Research, Finance, Properties-Real Estate, Operations, Stores, and Merchandising teams to develop and communicate holistic market strategy.
  • Inform new store location strategy and existing store reinvestment decisions through market-based analysis.
  • Own store sales forecasting for locations in assigned markets and work to improve forecast accuracy.
  • Evaluate store-location attributes, strategic tradeoffs, competitive positioning, site dynamics, market trends, and demographic and economic indicators.
  • Apply geospatial analysis to evaluate trade areas, market characteristics, competitive positioning, and other location-based factors.
  • Present analysis and findings to leadership across Market Research and Analysis, Properties, and FP&A.
  • Contribute ideas to improve research methodologies, GIS systems, databases, demographic data, analytical tools, geospatial analysis workflows, and integration of geographic and market data.

Benefits

  • Eligible team members and their dependents may receive comprehensive health benefits and programs, which may include medical, vision, dental, and life insurance.
  • 401(k).
  • Employee discount.
  • Short-term disability.
  • Long-term disability.
  • Paid sick leave.
  • Paid national holidays.
  • Paid vacation.
  • Additional benefits may include financial, education, and well-being benefits.
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