Head of Retail Store Acquisition (Test 5)
The head of retail store acquisition leads sourcing of high-potential sites and manages end-to-end site acquisition to drive new store growth and TLC franchise expansion. Brings structure to how Dis-Chem identifies locations for owned stores and TLC franchises by applying disciplined market analysis, feasibility assessment, and business case preparation. Negotiates new leases or acquisitions and maintains a strong opportunity pipeline through continuous market scanning and external relationships. Hands over approved sites seamlessly to execution teams. Minimum Requirements… Bachelor’s degree in real estate/property finance/business/geography. 8–10+ years experience in site acquisition for multi-site retail (pharmacy preferred). Strong network in SA retail property and proven track record of successful site sourcing. Advantageous: N/A Job Specification… Strategy & Vision Pipeline strategy: Identify priority trade areas using demographic, demand, and competitor insights; maintain a robust pipeline of viable locations. Market-driven selection: Use data-led criteria to prioritise site options; update heatmaps and target area lists regularly. Execution & Delivery Site assessment: Conduct on-site reviews, check access, visibility, co-tenancy, zoning, and operational constraints. TLC value prop: articulate and sell the TLC franchise value proposition when sourcing sites for Dis-Chem and potential TLC franchisees. Business case development: Prepare clear business cases with sales forecasts, investment requirements, expected returns, and risks. Negotiation & deal making: Lead lease or purchase negotiations to secure favourable terms. Handover & transition: Ensure smooth handover to store development team; remain involved to resolve any location specific issues. Opportunity evaluation: Conduct feasibility and sales projections; align each proposed site to the format strategy and strategic market objectives. Governance & Risk Regulatory compliance: Validate licensing and zoning requirements before site advancement. Pipeline governance: Maintain accurate lead tracking and transparent status updates; eliminate duplication of site lists. Risk assessment: Flag project, market, or regulatory risks and propose mitigation plans. Ethics & compliance: Uphold confidentiality, conflict-of-interest rules, and proper internal approvals. Leadership & Collaboration Internal alignment: Engage different functions for input on new sites and ensure operational readiness. External networking: Build broker, developer, and landlord relationships to gain early access to opportunities. Team guidance: Provide direction to analysts; ensure consistent evaluation standards. Competencies Essential: Domain Expertise Strong retail site selection capability, real estate deal knowledge, and understanding of pharmacy licensing and zoning. Skilled in analysing demographics, competition, and catchment potential. Leadership & Commercial Acumen Excellent negotiation and influence skills; clear communicator; proactive, entrepreneurial, and data-driven in decision-making. Advantageous: N/A Special conditions of employment: Key performance indicators Portfolio growth: Avg # of leads generated per month, total square meters of trading space added per year, number of new stores opened per year, number of revamps completed per year, % of all stores aligned with store design guidelines Lease administration: % of leases renewed before expiry, average turnaround time from negotiation start to finalization, lease savings vs previous contracts in the contracts renewed this financial year. #J-18808-Ljbffr