Real Estate Market Research Analyst
- Req. Number: 23004654
- Posted Date: 10/20/2023
- Address: 5130 Hacienda Dr
- City, State: Dublin, CA
- Postal Code: 94568
Our values start with our people, join a team that values you!
We are the nation’s largest off-price retailer with over 2,000 stores, and a strong track record of success and growth. Our focus has always been bringing our customers a constant stream of high-quality brands and on-trend merchandise at extraordinary savings. All while providing a fun and exciting treasure hunt experience.
As part of our team, you will experience:
- Success. Our winning team pursues excellence while learning and evolving
- Career growth. We develop industry leading talent because Ross grows when our people grow
- Teamwork. We work together to solve the hard problems and find the right solution
- Our commitment to Diversity, Equity & Inclusion, and our community. We celebrate the backgrounds, identities, and ideas of those who work and shop with us because our differences make us stronger. We strive to be a positive force in our community.
Our Corporate headquarters are in Dublin, CA, we have 3 buying offices in key markets in New York City, Los Angeles, and Boston, and 7 distribution centers nationwide. With 2022 revenues of $18.7 billion, we are a Fortune 500 company who is committed to providing an inclusive work environment with continuous learning opportunities and development for our teams.
Come see what’s in store: https://jobs.rossstores.com/creative/about
GENERAL PURPOSE:Prepare in-house market research studies and reports using GIS applications and primary research methods. Provide support and data to the department on various projects associated with efforts to expand our store network and to analyze our existing stores. Prepare demographic, competitor, and other related analyses. Define trade areas; analyze the influences that affect the performance of our locations. Examine customer behavior. Analyze competitors' growth strategies. Define and understand individual stores (or groups of stores) that do not perform to expectations. Create market penetration maps and reports. Produce monthly and quarterly reports and prepare various written recommendations based upon findings.
The base salary range for this role is $64,500 - $91,850. The base salary range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.
ESSENTIAL FUNCTIONS:
Create, compile, and review site research submittals to ensure they meet basic criteria and present to Sr. Manager/Director/Sr. Director of Real Estate Market Research for review.
Generate demographic data as needed for locations being considered for new stores, new markets, existing stores, and existing markets using geographic information system software (GIS) and other primary research methods
Communicate and work with internal and external sources to obtain pertinent information needed to support site research and site presentations. Be familiar with all aspects of each proposal.
Run proforma income statements for new and existing store locations, remodels, expansions, and other special requests.
Support data gathering and transformation into systems including coordination of in-store zip code surveys, competitor data, demographic, traffic counts, and more.
Conduct various market research studies and special reports. Provide strategic analysis concerning trade area creation, overlaps and voids, business generation and cannibalization.
Build expertise in internal site management system (pdSiteLink) and maintain reporting.
Collaborate with Real Estate and Property Development leadership to prepare Priority Meeting and REC Meeting materials
Attend seminars that pertain to GIS systems, Market Research, and various retail industry topics as necessary.
Complete special projects as assigned.
COMPETENCIES:
People
• Collaboration
Self
• Leading by Example
• Communicates Effectively
• Ensures Accountability and Execution
• Manages Conflict
Business
• Business Acumen
• Plans, Aligns and Prioritizes
• Organizational Agility
QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:
2 years of experience in location strategy, spatial analytics, statistics, GIS, retail strategy, or related field.
Analytical and problem-solving skills with knowledge of retail store site selection location strategies, sales forecasting, and cannibalization.
Understanding of GIS technology (MapInfo, Trade Area Systems) & spatial analysis.
Participate in technical problem-solving process, recommend solutions, and facilitate closure with supervision.
User of Microsoft Suite (Word, Excel, PowerPoint, and Access) or related software. Experience with statistical software & modeling is a plus.
College degree required with emphasis on Geography, Real Estate, Marketing, Statistics or Market Research.
Excellent organizational, analytical, and communication skills (written and verbal).
Position requires extreme confidentiality in handling/distributing reports and studies based on company's proprietary information.
Periodic travel may be required.
PHYSICAL REQUIREMENTS/ADA:
This role requires regular in-office presence, including attending in-person team interaction, meetings and collaboration, client support, mentoring, coaching, and/or feedback. However, this role can perform duties effectively using a combination of in-office and remote work. #LI-Hybrid
SUPERVISORY RESPONSIBILITIES:
None
DISCLAIMER
This job description is a summary of the primary duties and responsibilities of the job and position. It is not intended to be a comprehensive or all-inclusive listing of duties and responsibilities. Contents are subject to change at management's discretion.
Ross is an equal employment opportunity employer. We consider individuals for employment or promotion according to their skills, abilities and experience. We believe that it is an essential part of the Company's overall commitment to attract, hire and develop a strong, talented and diverse workforce. Ross is committed to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), veteran status, military status, marital or registered domestic partnership status, medical condition (including cancer or genetic characteristics), genetic information, gender, gender identity, gender expression, sexual orientation, as well as any other category protected by federal, state or local laws.