Senior Analyst, Real Estate Market Research

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:

This position requires regular in-office presence in Dublin, California for in person team interactions, meetings, and collaboration.

Prepare in-house real estate market research studies and reports using geographic information systems (GIS) and other 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 and proposed stores. Prepare demographic, competitor, and other related analyses. Define trade areas and 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 maps and reports. Produce monthly and quarterly reports and prepare various written recommendations based upon findings.

The base salary range for this role is $73,500 - $110,400. 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:

• Prepare and formalize site research submittal packages for review and approval to be presented at the Real Estate Committee throughout the year.

• Generate demographic data as needed for sites being considered for new stores, new markets, existing stores, and existing markets using geographic information systems (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 site proposal.

• Run proforma income statements and estimate sales 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.

• Gain familiarity with standard lease form and lease summaries used within the department.

• Participate in various company meetings both on site and remote as well as periodic travel and attendance at site tours and industry conferences.

• Complete special projects as either assigned or self-developed.

COMPETENCIES:

People

• Collaboration
Self

• Leading by Example

• Communicates Effectively

• Ensures Accountability and Execution

• Manages Conflict
Business

• Business Acumen

• Plans, Aligns and Prioritizes

• Organizational Agility
With particular emphasis on the following specific position-related competencies:

• Analysis & Accuracy

• Curiosity & Initiative

• Integrity & Good Judgement

• Adaptability & Problem Solving

QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:

• 3 to 5 years of experience in retail site research, GIS, spatial analytics, demographic research, real estate analysis, 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) and spatial analysis.

• Ability to initiate technical problem-solving process, recommend solutions, and facilitate closure with supervision.

• Advanced user of Microsoft Suite (Word, Excel, Power Point) or related software.

• College degree required with emphasis on Geography, Real Estate, Marketing, or Market Research.

• Retail real estate market research experience required.

• 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 will be required by plane and car.

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.