Sr. Analyst, Market Analysis

Target•Minneapolis, MN
•$73,000 - $132,000•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 Target’s 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. You will influence new store location strategy and existing store reinvestment decisions to support market-based decision-making. You will own store sales forecasting for locations across your assigned markets, pursue forecast accuracy, and evaluate store-location attributes, strategic tradeoffs, competitive positioning, site dynamics, market trends, demographic indicators, and economic indicators. You will also apply geospatial analysis to market and location decisions, including trade areas, market characteristics, competitive positioning, and other location-based factors. You will present to leaders across Market Research and Analysis, Properties, and FP&A. You may contribute ideas to improve research methodologies, GIS systems, databases, demographics, 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 operates in a Hybrid/Flex for Your Day arrangement based on Target’s needs. The role is performed both onsite at the assigned Target HQ Minnesota location on Tuesday, Wednesday, and Thursday, and virtually, depending on the role, team, and tasks. Work duties cannot be performed outside the country of the primary work location unless otherwise prescribed by Target. The role includes 10–20% travel.

Requirements

  • B.A./B.S. 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, enthusiasm, initiative, curiosity, 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, negotiating consequences, handling crises, setbacks, and conflicts constructively and diplomatically, providing essential information to the right people at the right time, and building relationships.
  • Ability to work onsite at the assigned Target HQ Minnesota location Tuesday through Thursday and virtually as required by the Hybrid/Flex for Your Day arrangement.
  • Ability to travel 10–20%.

Nice To Haves

  • Experience with data analytics and visualization tools such as Tableau, Power BI, or Alteryx, and 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.
  • Influence new store location strategy and existing store reinvestment decisions to support market-based decision-making.
  • Own store sales forecasting for locations across assigned markets and pursue forecast accuracy.
  • Evaluate store location attributes, strategic tradeoffs, competitive positioning, site dynamics, market trends, demographic indicators, and economic indicators.
  • Apply geospatial analysis to support market and location decisions, including trade area analysis, market characteristics, competitive positioning, and other location-based factors.
  • Present findings to leaders across Market Research and Analysis, Properties, and FP&A.
  • Contribute ideas to improve research methodologies, GIS systems, databases, demographics, analytical tools, geospatial workflows, and integration of geographic and market data.

Benefits

  • Eligible team members and 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.
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