About the role
Summary of Position (Job Purpose) - Major purpose and functions of the position.
In this role, you will be responsible for developing and incorporating spatial analytics techniques into Family Dollar’s existing real estate planning and new store site selection process. The position will serve as a key player in growing our Family Dollar store base by hundreds of new stores each year and analyzing our existing fleet of 7,000+ stores in North America. You will use and enhance the Family Dollar Sales Forecasting process to provide sales and cannibalization projections, develop Market Optimizations to guide our Real Estate team to open high-performing stores, and derive market insights using the latest tools in data analytics. Come help us grow!
Principal Duties and Responsibilities - Primary responsibilities listed in order of importance
1. Incorporate spatial analytics techniques into site selection process.
- Generate sales and enterprise profitability projections for new/relocating/expanding stores for all banners via thorough analyses involving the use of sales forecasting models.
- Conduct analog store comparisons.
- Identify and understand significant drivers of sales
- Forecast cannibalization impacts on existing stores.
- Monitor competitive changes and subsequent impacts
- Perform post audits of sales forecasts to continuously improve the forecasting process.
2. Participate in developing market optimization strategies by determining locations for new stores.
- Work closely with Real Estate, Operations, Asset Protection, and Sr. Management in developing strategies to determine the optimal deployment of stores in a market, by banner.
3. Gain market/site intelligence through research and by working closely with the Real Estate Dept.
- Foster a strong working relationship between the Finance and Real Estate departments.
- Visit existing stores and potential new store locations to better understand the factors impacting sales.
4. Communicate timely and accurate reporting, by banner, on store growth, performance, and market factors influencing sales, highlighting key trends.
5. Prepare ad hoc real estate analyses and mapping requests for senior management.
6. Assist in supporting Real Estate in fully leveraging GIS applications through training and day to day interaction.
Family Dollar is an equal opportunity employer and committed to recruiting, hiring, training, and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We are committed to complying with the Americans with Disabilities Act (ADA) and providing reasonable accommodations to qualified individuals with disabilities.
Full time510 Volvo Parkway,Chesapeake,Virginia 23320FP&AFamily DollarAplyr's read
Dollar Tree thrives on offering a wide range of products at unbeatable prices, attracting employees who excel in fast-paced retail environments.
What's promising
- •Consistent growth in the discount retail sector supports job stability.
- •Opportunities for advancement with frequent internal promotions to management roles.
- •Strong brand recognition attracts a steady stream of customers.
What to watch
- •High employee turnover due to demanding work conditions.
- •Limited wage growth potential compared to industry averages.
- •Intense competition from other discount retailers impacts market share.
Why Dollar Tree
- •All items priced at or below $1 sets Dollar Tree apart from competitors.
- •Focus on seasonal items offers unique merchandising opportunities.
- •Operates over 15,000 stores, providing vast geographical employment options.
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About Dollar Tree
Dollar Tree is an American discount variety store chain that sells items for $1 or less. The company offers a wide range of products including household goods, food, and seasonal items.
