Job Description
We are looking for a Senior Manager – Business Development (Retail Expansion) to lead and drive the organization’s retail growth strategy across India. This role will be responsible for identifying high-potential markets, securing strategic locations, and expanding the store network across a diverse portfolio of brands, including luxury, premium, lifestyle, and toys.
The ideal candidate will play a key role in shaping expansion strategy, leading high-value negotiations, and building long-term partnerships with developers and landlords, directly contributing to revenue growth and market leadership.
Key Responsibilities
• Lead the end-to-end retail expansion strategy by identifying priority cities, target micro-markets, and high-growth locations aligned with brand positioning and business goals
• Conduct detailed catchment analysis, consumer profiling, and competitive benchmarking to evaluate the commercial viability and long-term potential of proposed store locations
• Identify, evaluate, and secure premium retail spaces across malls, high streets, and emerging retail destinations, ensuring alignment with brand requirements and visibility standards
• Own and drive lease negotiations, commercial structuring, and contract finalization, ensuring favorable rental terms, revenue-sharing models, and long-term value for the organization
• Develop and maintain strong relationships with mall developers, landlords, IPCs (property consultants), and brokers to gain early access to upcoming properties and strategic opportunities
• Drive multi-brand expansion planning, ensuring optimal placement of different brands across cities, malls, and high streets based on target audience and market dynamics
• Collaborate closely with brand, design, operations, finance, and legal teams to ensure seamless execution of store rollout, from site finalization to store launch
• Monitor and manage the entire store rollout lifecycle, ensuring adherence to timelines, cost efficiency, and quality standards
• Track competitor expansion strategies, rental trends, and evolving retail landscapes to identify gaps and emerging opportunities for expansion
• Prepare and present business cases, location proposals, and expansion plans to senior leadership for strategic decision-making
• Drive continuous improvement by optimizing the store portfolio performance, renegotiating leases where required, and identifying underperforming locations for corrective action
The ideal candidate will play a key role in shaping expansion strategy, leading high-value negotiations, and building long-term partnerships with developers and landlords, directly contributing to revenue growth and market leadership.
Key Responsibilities
• Lead the end-to-end retail expansion strategy by identifying priority cities, target micro-markets, and high-growth locations aligned with brand positioning and business goals
• Conduct detailed catchment analysis, consumer profiling, and competitive benchmarking to evaluate the commercial viability and long-term potential of proposed store locations
• Identify, evaluate, and secure premium retail spaces across malls, high streets, and emerging retail destinations, ensuring alignment with brand requirements and visibility standards
• Own and drive lease negotiations, commercial structuring, and contract finalization, ensuring favorable rental terms, revenue-sharing models, and long-term value for the organization
• Develop and maintain strong relationships with mall developers, landlords, IPCs (property consultants), and brokers to gain early access to upcoming properties and strategic opportunities
• Drive multi-brand expansion planning, ensuring optimal placement of different brands across cities, malls, and high streets based on target audience and market dynamics
• Collaborate closely with brand, design, operations, finance, and legal teams to ensure seamless execution of store rollout, from site finalization to store launch
• Monitor and manage the entire store rollout lifecycle, ensuring adherence to timelines, cost efficiency, and quality standards
• Track competitor expansion strategies, rental trends, and evolving retail landscapes to identify gaps and emerging opportunities for expansion
• Prepare and present business cases, location proposals, and expansion plans to senior leadership for strategic decision-making
• Drive continuous improvement by optimizing the store portfolio performance, renegotiating leases where required, and identifying underperforming locations for corrective action
💡 Quick Summary
Seeking a career-building opportunity? The Sr. Manager/Manager- Real Estate position is now open for candidates interested in the Real Estate sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Real Estate is a plus.