Michaels Stores · 2 days ago
Manager - Location Research
Irving, TX
Full-time
Onsite
Senior Level
7+ years expMichaels Stores is a leading destination for creativity and celebration, operating over 1,300 stores across North America. The Manager - Location Research will support real estate strategies for new and existing stores through advanced analytical methods and market research, collaborating with various internal groups to optimize real estate projects and performance.
EducationMarketplaceRetail
Responsibilities
Conduct site selection analytics for new stores, relocations, and evaluation of the existing store fleet as candidates for renovation or other store-level strategic initiatives
Manage and maintain GIS platform, internal and external data, and the development and maintenance of sales forecasting and spatial analytic models
Maintain strategic partnerships with Real Estate deal makers, Operations, Store Planning, Construction, and Finance to provide a uniform sales forecasting methodology for the company
Manage external data and system vendor/partner relationships for Real Estate Research analytical systems
Analyze the company's existing real estate portfolio to identify opportunities for optimization and cost savings in collaboration with Real Estate deal makers, Finance, Store Planning, and Store Operations
Support multi-year real estate market planning process that incorporates growth of new stores, recommendations for capital investment, and disposition of existing stores
Monitor market trends and industry dynamics to adapt the real estate strategy and concepts relating to fleet footprint, size formats, and competitor intelligence
Coordinate the preparation of real estate packages for Real Estate Committee (REC)
Maintain REC package standards and data repository for REC results
Serve as subject matter expert for data research and evaluation related to market and trade area characteristics, demographics, growth trends, sales potential, etc
Prepare regular hind sighting reports on new store performance
Analyze existing and new store data, metrics, and systems to identify analytical areas for improvement
Qualification
Required
Bachelor's degree or equivalent experience
Experience in developing market strategies, evaluating potential sites, and aligning and standardizing analytical methodologies
General knowledge of retail financial and operational principles and theory with the ability to link strategy to financial plans
Excellent quantitative, analytical, project management, and problem-solving skills are required
Excellent verbal & written communication and interpersonal skills required. Must work well on teams & relate well to people at all levels of the company
7-8 years of experience in location strategy, spatial analytics, statistics, GIS, retail strategy, or related field
3+ years of management/leadership experience
Strong systems aptitude; Expertise in Excel, proficient in Word, PowerPoint & GIS platforms
Project management experience
Problem solver with the ability to manage dynamic priorities
Preferred
Bachelor's Degree in GIS, Geography, Location Research, Analytics, Strategy, Finance, or a related field preferred
Kalibrate/Trade Area Systems Experience
Reporting or business intelligence tools (e.g., QuickBase, Power BI, Tableau, Alteryx)
Benefits
Health insurance (medical, dental, and vision)
Paid time off
Tuition assistance
Generous employee discounts
And much more
Company
Michaels Stores
At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
$119.66M2021-03-03Acquired
2009-07-02Series Unknown· $119.66M
Leadership Team
Derek Hornsby
Executive Vice President, Chief Supply Chain Officer
Brynn Evanson
Chief Human Resources Officer
Recent News
2023-02-20
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