At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 27,000 associates who work at Five Below and they'll tell you there's no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.
It's all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!
Location: Must be West Coast based or willing to relocate with prior experience working that market
Qualifications:
Job Responsibilities:
Manage execution of a comprehensive and strategic real estate market plan throughout entire real estate lifecycle for assigned region
Ownership of a core function/process within Real Estate Department
Proactively evaluate opportunities to enhance, evolve, streamline any & all components of the owned function/process
Develop & execute annual strategic initiatives
Own annual budget (if applicable) while managing expenses throughout fiscal year
Constantly evaluate current tools/resources for long term scalability while investigating alternative tools in the marketplace for upgraded functionality and/or efficiency gains
Collaborate closely with Real Estate Managers, Master Brokers (if applicable), local broker teams & Manager of Analytics to develop, refine and execute market plan
Collaborate closely with construction, design, facilities, finance and portfolio management to ensure successful store launch from site identification, to opening and throughout the store lifecycle
Develop strong working relationships with peer leaders in construction, design, lease administration, legal & operations
Responsible for approval of site selection of new store locations in assigned region
Effectively manage broker representation in assigned region to maintain required standards for executing new store growth plans
Actively coach/mentor all direct reports to support their career progression & expand their capabilities - incorporating personal development plans, goal planning & promote exposure opportunities
Focus on empowering team members to effectively own their responsibilities & foster their individual growth/development for benefit of overall team performance/engagement
Champion a collaborative culture within regional team
Conduct executive team field tours with key stakeholders for review of potential and existing locations
Work closely with legal counsel & dealmakers on lease negotiations in assigned region
Effectively manage regional dealmakers to deliver a robust pipeline of LOI and lease negotiations simultaneously to achieve aggressive growth targets throughout near term and long term market planning
Review/approve detailed LOI's, comprehensive site approval packages and other financial based reports and analysis including site submittal packages for presentation at monthly Real Estate Committee (REC) meeting
Handle ownership of REC Process/Management for all deals in assigned region including REC Package approvals, supplemental data strategy, store analog approvals & pre-reviews with Senior Vice President of Real Estate
Collaborate with dealmakers on preparation strategy & presentation execution of proposed site approval packages at monthly Real Estate Committee (REC) meeting in assigned region
Frequent travel to/within assigned region to maintain a strong understanding of retail trade areas including traffic and retail patterns, demographic trends and market shifts, as well as proactively planning for targeted future opportunities with dealmakers & local brokers
Frequent communication with operational partners and periodic presentations/meetings to review strategy and priorities for new store & potential relocations within assigned region
Foster/maintain strong working relationships with key local/regional/national developers in assigned region thru routine in person portfolio reviews, attendance at key networking events & conferences
Attend/represent Five Below at select Regional & National ICSC Conventions
Explore our benefits site to discover all the perks and support we offer! From health coverage to financial and personal wellness, we've got you covered-check it out today! benefits.fivebelow.com/public/welcome
Five Below is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.
Five Below is committed to working with and providing reasonable accommodations for individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please submit a request and let us know the nature of your request and your contact information. crewservices.zendesk.com/hc/en-us/requests/new
BE AWARE OF FRAUD! Please be aware of potentially fraudulent job postings or suspicious recruiter activity by persons that are posing as a Five Below recruiters. Please confirm that the person you are working with has an @fivebelow.com email address. Additionally, Five Below does NOT request financial information or payments from candidates at any point during the hiring process. If you suspect fraudulent activity, please visit Five Below's Career Site to verify the posting. fivebelow.com/info/careers
Founded in 2002, Five Below(NASDAQ: FIVE) is a rapidly growing specialty value retailer offering a broad range of trend-right, high-quality merchandise targeted at the teen and pre-teen customer. Five Below offers a dynamic, edited assortment of exciting products, all priced at $5 and below, including select brands and licensed merchandise across a number of category worlds: Style, Room, Sports, Tech, Crafts, Party, Candy and Seasonal (which we refer to as "Now"). Five Below's dynamic assortment of merchandise includes everything from sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy, snacks and beverages, room décor, stationery and school supplies, books, cell/tablet accessories, novelty and "gag" items, and seasonal items. Five Below believes it is transforming the shopping experience of its target demographic with a unique merchandising strategy and high-energy retail concept that their customers consider fun and exciting.
Five Below has reinvented the traditional five-and-dime for today's younger generation, and has launched a new retail category. At Five Below, "Whatever You Got Will Buy A Lot."
As of 2013, Five Below's sales will exceed $500 Million with 304 stores in 19 states. We are experiencing tremendous success and growth. Our corporate offices are based in Center City Philadelphia.
Five Below was founded by David Schlessinger, creator and founder of Encore Books and Zany Brainy along with Tom Vellios, former CEO of Zany Brainy, and current CEO of Five Below.