Sunday, 8 July 2012

store development manager, Mall Portfolio

Details: Job Summary and MissionThis job contributes to Starbucks success by providing strategic insight into the new and existing store base withinThe National Mall Portfolio and driving decisions that enhance the value of that portfolio. Models and acts in accordancewith Starbucks guiding principles.Summary of Key ResponsibilitiesResponsibilities and essential job functions include but are not limited to the following:Planning and Execution - Developing strategic and operational plans for the execution of new stores and renewals. Managing execution, and measuring results by:•         Collaboration with store development team to develop an integrated market plan. Maintains relationships with largest national mall landlords to ensure seamless openings for new store or remodels/renovations.•         Developing a comprehensive strategic plan to manage a national portfolio of stores. Develops and manages account-based renewal strategies.•         Plans and manages business unit and department processes and practices to ensure that programs are aligned with company business goals and objectives.•         Prepares, communicates and educates client groups and team on changes in policies and practices within the organization.Business Requirements - Providing functional expertise and executing functional responsibilities:•         Leads execution of strategic portfolio plan. Reviews lease expirations and develops plan for new stores, renewals, relocations, expansions and closures. Determines how financial objectives such as sales and profit will be achieved through proactive management of the portfolio. Guides analyses on impact of renovation cycles, sales transfer, initiatives rollout, and store expansions, closures and relocations•         Leads the determination of the root cause of Under-Performing Assets [UPA] with Store Operations. Implements real estate solutions for UPAs.•         Manages and develops real estate reps and financial lease advisors.•         Partners with regional field teams on managing market planning process, touring new markets, touring existing markets with anticipated renewals, remodels, requested expansions or potential closures and develops strategic plans. Updates site survey reports, creates maps and target books using new stores and existing stores.•         Tours sites to visit competitors and review under-performing assets (UPA's). Manages landlord relationships, performance and selection. Responsible for optimizing and creating long term lease asset value.•         Manages resolution of property management issues through direct management of property manager. Assists with resolution of issues related to facilities, renovations and landlord improvements. Maintains active relationships with regional landlords. Oversees the negotiation of landlord issues, including but not limited to: lease renewals for optimum profitability, store expansions, store relocations and property management issues.•         Optimizes the value of the Company's portfolio of assets to meet financial objective. Prepares and analyzes lease evaluation packages, including proforma and financial reports. Evaluates leasing decisions, ensuring that leases are renewed in a timely manner with optimum profitability.•         Prepares letters of intent or renewal, creates the proforma, drives the territory, tours with operations, negotiates LOI, leases, and lease renewals to meet and exceed company standards. Proactive coordination with the design and construction partners. Manages the entitlement process, supporting landlords and anticipates entitlement issues. Resolves legal, lease, and renewal issues.•         Researches new and existing submarkets through broker networks, new market surveys and visits. Responds to unsolicited site submittals.•         Tracks and meets performance goals and budget. Accurately prepares management and pipeline reports and•         business plans. Participates in post-analysis report and other special project reporting. Coordinates design and construction issues with internal partners and landlords.Partner Development & Team Building - Providing coaching, feedback, and developmental opportunities and building effective teams:•         Challenges and inspires team members to achieve business results.•         Provides coaching, direction and leadership support to team members in order to achieve partners, business and customer results

View the original article here

No comments:

Post a Comment