Albertsons Companies, Inc.

Real Estate Market Research Manager

Albertsons Companies, Inc. • $88K — $105K *
Fort Worth, TX 76137In-Person
Real Estate & Construction
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, geography, real estate, market research, economics, or a related field; advanced degrees desirable.
  • 5-7 years of experience in market research or real estate analysis, preferably in the grocery or retail sector.
  • Proficiency in data analysis tools (Excel, ArcGIS Pro, Business Analyst, Alteryx, etc.).
  • Strong understanding of retail site selection and consumer behavior within grocery markets.
  • Experience in managing multiple research projects and collaborating with cross-functional teams.

Responsibilities

  • Conduct in-depth market research and analysis to support real estate strategy development.
  • Prepare accurate sales forecasting for new stores and various retail transactions.
  • Identify market gaps and provide strategic recommendations to enhance growth.
  • Develop data-driven insights and present findings to leadership through visual and oral presentations.
  • Maintain competitive tracking and provide insights on market trends.
  • Enhance the company's market definitions to support strategic decision-making.
  • Implement analytical methods and tools to improve the research framework.

Benefits

  • Competitive wages paid weekly.
  • Access to up to 50% of earned wages before payday.
  • Associate discounts on various products.
  • Health and financial well-being benefits available for eligible associates.
  • Time off including vacation, holidays, and sick pay.
  • Investment in training and career development opportunities.
  • Inclusive work environment with diverse colleagues.
Full Job Description
Job Description

Main responsibilities:

We are seeking a talented and motivated Real Estate Market Research Manager to join our Real Estate team and contribute to decision support related to the management and expansion of the Albertsons Real Estate Portfolio. This position will utilize in-depth market research and comprehensive location analysis of retail site data to develop accurate sales projections and provide strategic recommendations for optimizing supermarket site selection across diverse scenarios and store formats. Plays a pivotal role in market planning, leveraging insights to support strategic decision-making and drive new business development opportunities for the company.

The position resides within the Real Estate Operations and Analytics team, which helps support and maintain the Real Estate portfolio. The Real Estate analytics team is responsible for decision support for over $1B of capital projects each year with a focus on driving sound decision making around store lease decisions, new stores, closures, remodels, as well as key organizational reporting for our Real Estate, Store and Senior Leadership teams.
  • Provide decision support and insights that enables the development and execution of the company's real estate strategy, prioritizing growth, through data driven analytics and insights presented in hyper focused interactive engagements with our Core Retail and Real Estate leadership team.
  • Prepare sales forecasting for all Core Retail transactions, including, new stores, mergers and acquisitions, relocations, remodels, renewals, initiatives, store closures and competitive events.
  • Identifies market gaps and provides recommendations to fill these gaps that leverage our key retail growth strategies as defined by senior leadership.
  • Interprets results and develops recommendations from research and data analysis to build relevant stories and insights for supported functional areas' leadership through data visualization, written and oral presentations.
  • Maintains competitive tracking, reconnaissance, analysis and reporting, and provides competitive insights and trends.
  • Maintains and enhances our company's data driven custom market, submarket, node and store trade area definitions to drive effective strategic and tactical decision making.
  • Supports development of all systems and tools related to market research, geospatial analysis, competitive tracking and insights, sales forecasting, and reporting, with an emphasis on increased standardization, automation and enhancement of existing solutions and processes to enable maximum potential from our teams.
  • Implements new analytical approaches and methodologies to business requests that provides fresh insight in the interpretation of results
  • Continually evaluate existing data and analytics framework to find potential opportunities to pivot and make recommendations to enhance the framework to account for changes in our company's enterprise data model and the company's strategic priorities.
  • Active participation in key stakeholder meetings, specifically when conversations are focused on key accountabilities as noted.
  • Conduct in market visits to gain on the ground knowledge to support decision making (25%-50% of time)

We are looking for candidates who possess the following:
  • Soft Skills
    • Communication: Ability to clearly articulate technical concepts to non-technical stakeholders
    • Problem-Solving: Strong analytical thinking and troubleshooting skills
    • Adaptability: Ability to quickly learn and apply new technologies and tools
    • Teamwork: Ability to collaborate effectively with cross-functional teams and a wide range of personalities
    • Critical Thinking: Ability to assess and improve existing processes and workflows
  • Competencies
    • Analytical Thinking
      • Ability to analyze complex market data, sales trends, and location-specific demographics to derive actionable insights.
      • Proficiency in forecasting and scenario planning to predict potential performance of retail locations.
    • Strategic Mindset
      • Expertise in aligning market research findings with long-term company goals.
      • Skill in identifying opportunities for market expansion and optimizing site selection strategies.
    • Technical Proficiency
      • Familiarity with Geographic Information Systems (GIS), data visualization tools, and market research software.
      • Competence in interpreting large datasets, maps, and spatial analytics for real estate decisions.
      • Utilize existing technology stack to perform/automate complex geographic analytics tasks and continually explore the marketplace for enhanced technology
    • Communication and Presentation
      • Strong written and verbal communication skills to present findings and strategic recommendations clearly to stakeholders.
      • Ability to create compelling reports and visualizations that support data-driven decisions.
    • Project and Time Management
      • Capability to manage multiple market research projects simultaneously, ensuring timely delivery and accuracy.
      • Efficient in prioritizing tasks and collaborating with cross-functional teams.
    • Problem-Solving and Adaptability
      • Creative approach to tackling challenges in market planning and site development.
      • Ability to adapt to changing market conditions and business needs.
    • Market and Consumer Insights
      • Deep understanding of consumer behavior in the grocery retail sector.
      • Knowledge of competitive market landscapes and emerging industry trends.
  • Qualifications
    • Education: A bachelor's degree in business, geography, real estate, market research, economics, or a related field is often required. Advanced degrees (e.g., MBA or master's in real estate) can be advantageous.
    • Technical Skills: Proficiency in data analysis tools (e.g., Excel, ArcGIS Pro, Business Analyst, Alteryx or statistical software).
    • Knowledge: Strong understanding of retail site selection, market planning, and consumer behavior in the grocery sector.
  • Experience
    • Industry Experience: 5-7 years of experience in market research, real estate analysis, or a related field, preferably within the grocery or retail industry.
    • Analytical Expertise: Proven track record of conducting location analysis, sales forecasting, and competitive market assessments.
    • Strategic Planning: Experience in collaborating with cross-functional teams to align research insights with business strategies.
    • Project Management: Demonstrated ability to manage multiple research projects, budgets, and timelines effectively.

We also provide a variety of benefits including:
  • Competitive wages paid weekly
  • Access to up to 50% of your earned wages before payday, via our partnership with Stream
  • Associate discounts
  • Health and financial well-being benefits for eligible associates (Medical, Dental, 401k and more!)
  • Time off (vacation, holidays, sick pay). For eligibility requirements please visit myACI Benefits
  • Leaders invested in your training, career growth and development
  • An inclusive work environment with talented colleagues who reflect the communities we serve

#LI-JB2

A copy of the full job description can be made available to you.

Disclaimer

The above statements are intended to describe the general nature of work performed by the employees assigned to this job and are not the official job description for the position. All employees must comply with Company, Division, and Store policies and applicable laws. The responsibilities, duties, and skills of personnel may vary within store and/or from store to store and the official job description will be provided during the application process.

About Albertsons Companies, Inc.

Albertsons Companies, Inc. Careers

Join the vibrant team at Albertsons Companies, Inc., a leading name in the retail industry, where job opportunities abound and career growth is not just a possibility but a promise. As one of the largest food and drug retailers in the United States, we pride ourselves on fostering an inclusive culture that thrives on diversity, innovation, and leadership.

Work You’ll Do

At Albertsons Companies, Inc., you will be part of a dynamic team that pushes the boundaries of what a retailer can accomplish. With positions ranging from entry-level to senior management, our company offers a path for every ambitious professional eager to advance their career in a supportive and growth-oriented environment.

Explore Professional Growth and Development

We believe in nurturing the potential of our employees through targeted development programs and leadership training. Our commitment to professional growth is evident in our comprehensive benefits package, which supports both personal and professional development. Additionally, our diversity training ensures that everyone, from interns to executives, understands and values the richness that different perspectives bring to our company.

Innovate with Us

Innovation is at the heart of Albertsons Companies, Inc. Whether it’s through cutting-edge technology implementations in our stores or pioneering sustainability practices, our team is always at the forefront of the industry. Join us and contribute to our mission of redefining the grocery shopping experience for millions of customers nationwide.

Be Part of a Great Team

Our employees are our greatest asset, and we empower each one to contribute ideas that drive change and improve our operations. Albertsons Companies, Inc. is not just a company; it’s a community where each member’s input is valued and where every job role is essential to our collective success.

Career Opportunities Await

Whether you’re looking for a direct hiring position, an internship, or a leadership role, Albertsons Companies, Inc. offers a variety of job opportunities to help you achieve your career goals. Our team is continuously expanding, and we are always on the lookout for passionate, creative, and solution-driven team players.

Join Our Network

Get connected and stay ahead in your career by leveraging our robust professional networking options. Engage with leaders, gain industry insights, and enhance your skills through comprehensive training and real-world projects.

Apply Now

Ready to take the next step in your career? Explore the open positions at Albertsons Companies, Inc. and find the perfect match for your skills and interests. Prepare your resume, ace the interview, and join a company that values innovation and leadership.

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Learn more about Albertsons Companies, Inc.
Size
300,000 employees
Industry
Food & Beverages
* Ladders Estimates

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