Retail Location Sourcing Specialist

Jam Clothing Sa; Durban; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading retail company in Durban is seeking a Retail Location Sourcing Specialist. The ideal candidate will have extensive experience in property negotiations and strategic planning to position the company as a preferred tenant. Responsibilities include evaluating developments, visiting outlets, and negotiating lease terms. The role requires travel across South Africa and working beyond office hours.

Qualifications

• Minimum 5 years of experience in Retail and/or Retail Property Management.
• Minimum 2 years experience in Property Negotiations and location sourcing.
• Valid driver's license.

Responsibilities

• Evaluate developments for strategic needs.
• Visit existing outlets regularly.
• Negotiate renewal terms with owners.

Skills

Advanced negotiation skills

Understanding of retail location principles

Knowledge of Property Market

Education

Bachelor's degree in Building Science, Property Management, Financial Management or Law

Job description

Retail Location Sourcing Specialist – Store Development Department at JAM Head Office

Pump up the JAM, Pump up your CAREER.

JAM is no ordinary Company. The words, conventional and average are not part of our vocabulary. It takes a front footed, passionate person to exceed in JAM. We love people that think out the box and who are able to bring the best out of others whilst maintaining world class standards.

We are seeking a Retail Location Sourcing Specialist in our Store Development department based at JAM Head Office. The ideal candidate will have the ability to negotiate with landlords and property developers as well as having sound knowledge and understanding of property and contract law.

The role requires the ideal candidate to position JAM Clothing as a wanted and preferred tenant for landlords and developers whenever they have vacancies or are leasing new schemes. They will be required to achieve growth goals set out in financial plans while strategically planning store locations, new opportunities, store relocations, and store closures.

Requirements

• Bachelor's degree in Building Science, Property Management, Financial Management or Law.
• Minimum 5 years of experience in Retail and /or Retail Property Management.
• Minimum 2 years experience in Property Negotiations and location sourcing or similar.
• Valid drivers license.
• Willingness to travel and overnight across South Africa.
• Willingness to work outside of office hours.

Responsibilities

• Evaluation of developments in respect of Group strategic needs.
• Visit all existing outlets regularly (minimum once every 6 months).
• Investigate current locations with a view to expanding/reducing space to meet requirements.
• Investigate appropriate areas, towns, centres with a view to relocating existing stores to meet Group expansion/reduction requirements.
• Regular pre-beneficial occupation visits to evaluate progress and check performance in respect of Specification of Finishes.
• Communicate progress and or issues to Real Estate, Store development and Store Operations Management.
• Negotiate renewal terms in accordance with divisional mandates.
• Negotiate approval of Tenants and Sub-lease with Owners.
• Negotiate terms of Sub-leases with Sub-Tenants.
• Presentation of site information to relevant stakeholders in writing and or in person.
• Feasibility request and progress.
• Liaison with Store Operations and Store Development regarding Real Estate needs and project progress.

Job Knowledge

• Advanced negotiation skills.
• Understanding of and compiling financial feasibility models.
• Knowledge of and understanding finance and budgeting processes.
• Knowledge and understanding of Property and Contract law.
• Understanding retail location principles.
• Understanding of retail operations processes.
• Knowledge of Property Market and its fundamentals.