Circle Bd Lead

Year    Bangalore, Karnataka, India

Job Description


About More Retail Private Ltd (MRPL)

MRPL is one of India\'s largest and fastest-growing Omni Channel Food & Grocery retailers. MRPL is committed to building India\'s most customer-obsessed business with the world\'s best omnichannel food and grocery experience and all of this on a massive scale.

Purpose of the Role

The Job holder will be responsible for SM & HM format expansion in the circle involving sourcing of new properties, NSO, rent reduction, rent re-negotiation, store size reduction, space release to LL/SIS, lease extension and EB power enhancement for stores, LL relationship, property tax rebate and capex reduction.

Principal Responsibilities

The role requires the job holder to understand the catchments targeted by OPS for identifying properties for SM, which will meet our business norms.

Short list properties in correct locations within the catchments

Understand the commercials suitable for SM business before shortlisting properties

Understand the structural requirement before shortlisting properties

Planning the amenities and space with the right density of merchandise, best suited for that catchment, along with controlling future opex.

Renegotiate existing store rent and area reduction with LL\'s

Key Result Areas

Supporting Actions

New Store Opening

To short list properties within the specified specs

Negotiation with LL\'s

Discussing agreement terms with LL\'s

Ensuring proper docs and LL scope of work

SIS Income

Renegotiate existing store rent and area reduction

with LL\'s

Process Adherence and Completion

Ensure identification and short listing of properties

Ensure SIS partners pipeline

Manage LL relationships

LL relationship to be adhered via LL relationship calendar

Education and Experience

PGDM or MBA

Must have min 5 years of experience in Retail

Should have experience in business expansion, scouting properties, Opening NSOs

Understanding of documentations required and legal requirement to open new store

Should have understanding of negotiation & interpersonal skills

Knowledge about the regional Retail Market

Values

Collaboration

Customer Obsession

Frugality

Innovation

Grit

Integrity

Growing Talent

Moreretail

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Job Detail

  • Job Id
    JD3197293
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year