Business Development Manager

Kushals Fashion Jewellery; Delhi; On-site; INR 1,200,000 - 1,500,000; Full time

Job summary

A jewellery retail brand in Delhi is seeking a Retail Expansion Manager to drive strategic growth by identifying new retail locations and managing the expansion process. Responsibilities include market analysis, site evaluation, and lease negotiations to ensure successful acquisition of store locations. The ideal candidate should have at least 5 years of experience in retail expansion or real estate, excellent negotiation skills, and proficiency in Microsoft Office Suite. This role may require frequent travel and flexible working hours.

Qualifications

• Minimum of 5 years of experience in retail expansion or real estate.
• Proven track record of managing site selection processes.
• Ability to travel frequently and work flexible hours as required.

Responsibilities

• Conduct market research to identify potential new store locations.
• Negotiate lease terms with property owners.
• Build relationships with stakeholders including real estate agents.

Skills

Analytical skills

Negotiation skills

Communication skills

Education

Bachelor’s degree in Business Administration or related field

Tools

Microsoft Office Suite

Project management software

Job description

Overview

The Retail Expansion Manager is responsible for driving the strategic growth of our jewellery retail brand by identifying and securing new retail locations.

Responsibilities

Market Analysis & Research

• Conduct comprehensive market research to identify potential new store locations.
• Analyze demographic, economic, and competitive factors to determine the viability of new markets.
• Monitor market trends and competitor activities to inform expansion strategies.

Site Selection & Evaluation

• Identify and evaluate potential retail sites based on strategic criteria.
• Conduct site visits and assessments to determine suitability.
• Prepare detailed reports and recommendations for site selections.

Negotiation & Acquisition

• Negotiate lease terms and conditions with property owners and landlords.
• Work closely with legal and finance teams to draft and finalize lease agreements.
• Ensure all lease documentation is accurately completed and signed in a timely manner.

Stakeholder Management

• Build and maintain strong relationships with key stakeholders, including landlords, developers, and real estate agents.
• Effectively communicate with senior management to provide updates on expansion progress and challenges.

Financial Analysis & Reporting

• Prepare financial analyses and business cases for potential new store locations.
• Monitor the budget for site acquisition activities and ensure cost control measures are in place.
• Provide regular reports on the status of site acquisition activities.

Candidate Profile

• Bachelor’s degree in Business Administration or related degree preferred.
• Minimum of 5 years of experience in retail expansion, real estate, or business development, preferably within the jewellery or luxury retail sector.
• Proven track record of successfully managing site selection and lease negotiation processes.
• Strong analytical and problem-solving skills.
• Excellent negotiation and communication skills.
• Ability to travel frequently and work flexible hours as required.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and project management software.