Real Estate Analyst

About Your Role:

You will be responsible for developing and incorporating spatial analytics techniques into Dollar Tree’s existing real estate planning and new store site selection process. The position will serve as a key player in growing our Dollar Tree store base by hundreds of new stores each year and analyzing our existing fleet of 9,000+ stores in North America. You will use and enhance the Dollar Tree 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.

• Incorporate spatial analytics techniques into site selection process.

• Generate sales and enterprise profitability projections for new/relocating/expanding stores 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.

• Participate in developing market optimization strategies by determining locations for new stores.

• Work closely with Real Estate, Operations, Asset Protection, and Senior Management in developing strategies to determine the optimal deployment of stores in a market.

• Gain market/site intelligence through research and by working closely with the Real Estate Department.

• 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.

• Communicate timely and accurate reporting on store growth, performance, and market factors influencing sales, highlighting key trends.

• Prepare ad hoc real estate analyses and mapping requests for senior management.

• Assist in supporting Real Estate in fully leveraging GIS applications through training and day-to-day interaction.

Required Skills and Experience:

• Bachelor’s Degree (Finance, Business, Geography, Statistics or other quantitative discipline).

• 3+ years related experience.

• High proficiency in Microsoft Excel and databases.

• Strong analytical and problem-solving skills with ability to effectively manage large amounts of data.

• High level of initiative, willingness to assume responsibility, and ability to multi-task while meeting multiple deadlines.

• Attention to detail required.

• Willingness to travel (10%).

Preferred (Desired) Qualifications:

• Master’s Degree (Finance, Business, Geography, Statistics, or other quantitative discipline).

• Knowledge of and experience with statistical analysis and regression-based modeling.

• Previous experience in Site Location Research.

• Previous experience with ESRI, TAS, or other GIS software.

• Previous experience with R statistical software.

• Previous experience with Alteryx and Tableau.

• Previous experience with other advanced statistical software and analytic techniques.

• Retail experience.

Our success is a team effort… When we reach our goals, you’ll be eligible for a yearly bonus!

Your Perks and Benefits:
We offer a wide variety of rewards to support your health, wealth, and mental well-being. In addition to medical, pharmacy, dental, and vision insurance, we offer:

• Employee Assistance Program

• Retirement plans with matching contribution

• Employee Stock Purchase Program

• Educational Assistance

• Access to PerkSpot, an employee discount platform for goods and services

• And much more!

Who We Are:

At Dollar Tree, we make a difference in the lives of our customers every day by exceeding their expectations and delivering value – it’s what our business is built on. Our associates play an important role in this commitment by embracing change and showing up for their teams and their communities.

We see an exciting path forward as our company continues to grow and transform – and we know that this path starts with you.

Join our team today and discover The Value of You.

Dollar Tree is an Equal Opportunity Employer committed to complying with the Americans with Disabilities Act (ADA) and providing reasonable accommodations to qualified individuals with disabilities.

This job specification should not be construed to imply that these requirements are the exclusive standards of the position. This is not to be considered a complete list of job duties, which appear in the job description for this position, and which may be amended from time to time at the discretion of Dollar Tree. Incumbents will follow any other instructions and perform any other related duties as may be required by their supervisor.

Please note, this job description is not a contract of employment and may be modified to meet evolving business needs. Employment at Dollar Tree, meaning that either the employee or the company may terminate the employment relationship at any time, with or without cause or notice.

Full time

500 Volvo Parkway,Chesapeake,Virginia 23320

Market Strategy

Dollar Tree