Sr Manager Market Analysis at Target

Minneapolis, Minnesota, United States

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$92,000 – $166,000Compensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

RetailIndustries

Requirements

MA/MBA or equivalent in business, geography, urban planning or related field
6-8 years relevant business experience
Strong analytical, decision-making, project management and organizational skills
Superior communication skills for presentations to Senior Leadership

Responsibilities

Conduct market analysis, strategic planning and location research for Target’s new and existing store capital investment programs
Partner closely across Market Research, Finance, Properties-Real Estate, Operations, Stores and Merchandising teams to develop and communicate holistic market strategy using geographic, store and market insights
Influence new store location strategy and existing store reinvestment decisions to maximize market value
Own store sales forecasting for locations across assigned markets, driving accuracy while evaluating store location attributes, strategic tradeoffs, competitive positioning, site dynamics, market trends, demographic and economic indicators
Leverage communication skills for presentations to Senior Leadership across MRA, Real Estate, Finance and the Capital Committee
Contribute ideas to improve research methodologies, GIS systems, databases, demographics and analytical tools
Provide insight and guidance to support Target’s strategic growth strategies and financial decisions as part of the Financial Planning and Analysis team

Skills

Market Analysis

Financial Analysis

Data Analysis

Strategic Planning

Business Analysis

Retail Analytics

Forecasting

Competitive Analysis

Target

Retailer offering diverse consumer goods

About Target

Target Corporation is a retail company that offers a wide range of products, including clothing, electronics, home goods, and groceries, through nearly 2,000 stores and an online platform. Its "Design For All" philosophy allows it to provide high-quality, affordable products that cater to diverse customer needs. Target differentiates itself from competitors with its owned brands and the Target Circle loyalty program, which enhances customer engagement. The company's goal is to support sustainability and community initiatives by giving back 5% of its profits to local communities.

Minneapolis, MinnesotaHeadquarters

2005Year Founded

N/ACompany Stage

Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Sick Leave

Paid Holidays

Paid Vacation

401(k) Retirement Plan

Employee Discounts

Risks

Increased competition from online-only retailers like Amazon threatens Target's market share.

Rising labor costs due to new minimum wage laws could impact profit margins.

Supply chain vulnerabilities from geopolitical tensions may affect inventory and pricing strategies.

Differentiation

Target's 'Design For All' philosophy offers unique, high-quality products at affordable prices.

The Target Circle loyalty program enhances customer engagement and shopping experience.

Target's commitment to sustainability and community support sets it apart from competitors.

Upsides

Experiential retail and 'retailtainment' strategies can boost customer engagement and foot traffic.

Augmented reality integration offers immersive shopping experiences showcasing Target's unique designs.

Omnichannel retail strategies enhance customer experience by integrating online and offline shopping.

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