Real Estate Analyst

Come join Ollie's 40-year history of retail success. A publicly traded company since 2015, we're 500 stores strong in 30 states, and intensely focused on increasing our footprint. Join our team and live the Ollie-tude: (Ollie's Core Values) BE A TEAM PLAYER- Associates are expected to be supportive and work together. BE CARING- How do I treat others with courtesy, dignity, and respect? BE VALUE OBSESSED- Live the 'good stuff cheap' mindset. BE COMMITTED- Operate with grit, passion, tenacity, and action. BE GROWING- How do we get better every day? BE REAL- Associates should be honest, transparent, genuine, trustworthy, and sincere. Competitive Benefits Medical, Dental, Vision, and RX coverage begins Day 2 of employment 401K, Company match begins at Associate enrollment FSA/HSA (Flexible & Health Savings Account), set aside pre-tax dollars to reduce your taxable income Strong career growth & talent development culture for top performers 20% Associate discount on all Ollie's purchases & annual bonus program Position Overview: Ollie's has a rewarding opportunity as a Real Estate Analyst. In this role, you will develop strategic plans to grow Ollie's retail store system. The Real Estate Analyst owns the analytics and model to support and optimize the company's market growth plans. Scope includes evaluation of proposed locations using a variety of modeling techniques and excellent judgment, preparation of site forecasting and presentation of insight and balanced new store recommendations to the Real Estate Committee, providing guidance and insight on modeled performance, use of advanced analytical skills driving store performance insight, and leading site and territory reviews with internal stakeholders ensuring optimal store growth plans are identified and met. Primary Responsibilities: Provide required support to SVP Real Estate and Real Estate Directors. Maintain & organize all relevant potential site information along with updating of project management data system with key information and documents. Research & analyze existing and potential trade areas/locations though key data points & site/market characteristics. Prepare for and participate in weekly Progress meetings and monthly Real Estate Committee meetings. Compile and provide requested site information for internal/external partners and senior management. Utilize modeling software, data, and exceptional analytic skills to produce robust sales forecasts. Prepares site presentations, transfer estimates, and commentary on site quality and demographic analyses. Serves in a key role in supporting the annual strategic planning process. Develop, drive, and consistently evolve a comprehensive store growth strategy and model in alignment with the company's business goals and growth targets. Analyze large amounts of information to discover trends and patterns and uncover solutions to business problems. Provide support and direction for enhancing the tools and reporting. Take initiative to identify areas of improvement and opportunity, particularly with the analysis, tools, and reporting. Conduct analysis and partner with Finance and Marketing to evaluate customer opportunity, market share capture, business generation, competitive presence, market demographics and potential store cannibalization. Partner with Finance team to track and measure success of stores post-opening relative to business case. Additional general administration responsibilities include: organization and preparation of materials for Real Estate Committee Meetings and Market Tours, working alongside the Lease Administrator to ensure appropriate documentation is obtained, up-to-date and filed accordingly, complete any required mapping and comparative analysis studies. Complete any additional respo sibilities and/or duties as assigned. Qualifications: Bachelor's degree in business administration or real estate related concentration Minimum of 3 years of experience in retail, real estate market analysis, finance, consulting business analytics or statistics, and familiarity with US geography, market characteristics, and retail trends Minimum of 3 years of experience required applying predictive modeling solutions in the retail industry and working with Geographic Information Systems (GIS) Expertise in data analysis, predictive analytics, and proficiency in relevant tools and software. Direct experience in data and analytics organization with a demonstrated ability to develop reporting and business insights Advanced Excel and Adobe Acrobat experience Strong organizational and planning skills in a fast-paced environment with the ability to meet deadlines Excellent communication and interpersonal skills, with the ability to collaborate across the organization. Physical Requirements: Occasional travel, including overnight travel will be required. Physical ability to sit for extended periods and work at a computer. Ability to work in a constant state of alertness and safe manner. Ollie's is an equal opportunity employer. In compliance with Federal and State Equal Opportunity Laws, qualified applicants are considered for all positions applied for without regard to race, color, religion, sex, sexual orientation, gender identification, national origin, age, veteran's status, disability, genetic information or any other legally protected status. #C1EX

Created: 2024-10-19