Retail & E-Commerce
28 Oct
RETAIL BUSINESS DEVELOPMENT MANAGER
Job Description – Retail Business Development Manager Position Job Title: Retail Business Development Manager Department: Retail Location: Gurugram (Travel Required) Reporting To: Retail Lead About Miraggio Miraggio is a contemporary fashion and lifestyle brand redefining affordable luxury through premium handbags, footwear, and accessories. We are rapidly expanding our retail footprint across India and are looking for a dynamic Retail Business Development Manager to lead our offline expansion strategy. Role: The Retail Business Development Manager will be responsible for identifying, evaluating, negotiating, and securing new retail locations across India to support Miraggio's expansion plans. The role requires strong market knowledge, commercial acumen, excellent negotiation skills, and the ability to build relationships with mall developers, landlords, brokers, and channel partners. Key Responsibilities Retail Expansion & Business Development ● Identify and evaluate new retail opportunities including malls, high streets, airports, and premium commercial locations. ● Develop and execute the retail expansion strategy aligned with the company's growth plans. ● Conduct location feasibility studies, catchment analysis, competitor benchmarking, and market research. ● Build and maintain relationships with mall managements, landlords, brokers, developers, and franchise partners. Site Selection & Commercial Negotiation ● Identify suitable properties based on brand positioning, customer demographics, and commercial viability. ● Negotiate rentals, revenue share models, CAM charges, lease terms, lock-in periods, fit-out periods, and other commercial conditions. ● Coordinate legal documentation, lease agreements, and approval processes with internal and external stakeholders. ● Ensure timely closure of commercial negotiations and store acquisition. Financial & Business Analysis ● Prepare detailed business cases including projected sales, ROI, payback period, occupancy cost analysis, and profitability. ● Monitor market rental trends and recommend commercially viable locations. ● Present location proposals and investment recommendations to management. Cross-Functional Coordination ● Work closely with Retail Operations, Projects, Finance, Legal, Design, and Visual Merchandising teams to ensure timely store launches. ● Coordinate store opening timelines with internal stakeholders. ● Track project milestones from site finalization to store launch. Relationship Management ● Develop strong relationships with key developers, landlords, leasing teams, and real estate consultants. ● Represent Miraggio during leasing discussions, retail events, and industry networking forums. ● Maintain a robust database of upcoming malls, commercial developments, and expansion opportunities. Reporting & MIS ● Maintain expansion trackers, pipeline reports, negotiation status, and store opening schedules. ● Provide regular updates on expansion progress, market intelligence, and competitive developments. ● Prepare monthly and quarterly business review reports. Key Skills ● Retail expansion and site acquisition ● Commercial negotiations ● Lease management ● Market research and feasibility analysis ● Financial analysis and ROI evaluation ● Relationship management ● Project coordination ● Strong communication and presentation skills ● Advanced MS Excel and PowerPoint Experience ● 5–8 years of experience in Retail Business Development, Retail Expansion, Leasing, or Real Estate. ● Experience with fashion, lifestyle, apparel, footwear, accessories, beauty, or premium retail brands is preferred. ● Proven experience in opening multiple retail stores across India. ● Strong network with mall developers, landlords, IPCs, and real estate consultants is an advantage. Key Performance Indicators (KPIs) ● Number of new stores signed and launched. ● Time taken from site identification to store opening. ● Achievement of expansion targets. ● Occupancy cost within approved benchmarks. ● ROI and profitability of new stores. ● Quality of locations acquired. ● Successful commercial negotiations and lease closures. ● Accuracy and timeliness of expansion reports. What We're Looking For ● Strong negotiation and influencing skills. ● Commercially driven with excellent analytical abilities. ● Ability to travel extensively across India. ● Self-motivated, result-oriented, and capable of managing multiple projects simultaneously. ● Passion for retail, real estate, and brand expansion.