REAL ESTATE ANALYST
Company: Dollar Tree Stores
Location: Chesapeake
Posted on: May 15, 2022
Job Description:
Summary of PositionThe Real Estate Analyst is responsible for
developing and incorporating spatial analytics techniques into
Dollar Tree's existing real estate planning and new store site
selection process. The Real Estate Analyst will utilize and assist
in enhancing Dollar Tree's Market Optimization and Sales
Forecasting Systems to screen markets for optimal store deployment,
to forecast sales for specific sites, and to perform sales transfer
analysis.Principal Duties and Responsibilities 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
- Apply, build, and maintain regression-based sales forecast
models.
- 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.Minimum Requirements/Qualifications
- Bachelor's degree in 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%)Desired Qualifications
- Master degree in 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 experienceThis is not to be considered a complete list
of job duties, as they may be amended or added to as needed.Must be
fully vaccinated from COVID-19, as defined by the CDC, by the date
of hire. Proof of vaccination required. Request for medical or
religious accommodation must be made prior to the start date
Keywords: Dollar Tree Stores, Chesapeake , REAL ESTATE ANALYST, Professions , Chesapeake, Virginia
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