Job Information
Starbucks store development manager - Midwest Region (Hybrid, U.S.) in Chicago, Illinois
Now Brewing – store development manager - Midwest Region! #tobeapartner
From the beginning, Starbucks set out to be a different kind of company. One that not only
celebrated coffee and the rich tradition, but that also brought a feeling of connection. We are known for developing extraordinary leaders who share this passion and are guided by their service to others.
The Store Development Manager at Starbucks will have the opportunity to play a critical role in the growth and success of this iconic brand. This position requires a forward-thinking leader who will be responsible for the development and design of new stores as well as the maintenance of existing ones. The ideal candidate will have a passion for the Starbucks brand, a knack for problem-solving and the ability to work independently and within a team. If you are a creative and organized individual with a drive for excellence, we invite you to apply for this exciting opportunity!
As a Store Development Manager, you will…
·Market Ownership through leading the execution of a strategic portfolio plan. Review lease expirations and develops plan for new stores, renewals, relocations, expansions and closures.
·Determine how financial objectives such as sales and profit will be achieved through proactive management of the portfolio.
· Guide analyses on impact of renovation cycles, sales transfer, initiatives rollout, and store expansions, closures and relocations
· Manage market planning process, managing all aspects of market development, touring new markets, touring existing markets with anticipated renewals, remodels, requested expansions or potential closures and develops strategic plans. Updates site survey reports, creates maps and target books using new stores and existing stores.
·Optimize the value of the Company’s portfolio of assets to meet financial objective. Prepare and analyze lease evaluation packages, including proforma and financial reports. Evaluates leasing decisions, ensuring that leases are renewed in a timely manner with optimum profitability.
·Prepare letters of intent or renewal, creates the proforma, drives the territory, tours with operations, negotiates LOI, leases, and lease renewals to meet and exceed company standards. Meets with landlords and city representatives. Proactive coordination with the design and construction partners. Manages the entitlement process, supporting landlords and anticipates entitlement issues. Resolves legal, lease, and renewal issues.
·Track and meet performance goals and budget. Accurately prepares management and pipeline reports and business plans. Participates in post-analysis report and other special project reporting. Coordinates design and construction issues with internal partners and landlords.
We’d love to hear from people with:
Minimum of 5 years in Real Estate site selection for top level brands, retail experience preferred
Minimum 5 years of financial planning and market analysis
Strong negotiating skills
Strong understanding of site planning and design
As a Starbucks partner, you (and your family) will have access to medical, dental, vision, basic and supplemental life insurance, and other voluntary insurance benefits. Partners have access to short-term and long-term disability, paid parental leave, family expansion reimbursement, paid vacation from date of hire*, sick time (accrued at 1 hour for every 25 hours worked), eight paid holidays, and two personal days per year. Starbucks also offers eligible partners participation in a 401(k) retirement plan with employer match, a discounted company stock program (S.I.P.), Starbucks equity program (Bean Stock), incentivized emergency savings, and financial well-being tools. Additionally, Starbucks offers 100% upfront tuition coverage for a first-time bachelor’s degree through Arizona State University’s online program via the Starbucks College Achievement Plan, student loan management resources, and access to other educational opportunities. You will also have access to backup care and DACA reimbursement. Starbucks will comply with any applicable state and local laws regarding employee leave benefits, including, but not limited to providing time off pursuant to the Colorado Healthy Families and Workplaces Act, and in accordance with its plans and policies. This list is subject to change depending on collective bargaining in locations where partners have a certified bargaining representative. For additional information regarding partner perks and more detailed information about benefits, go to starbucksbenefits.com (file:///C:/Users/rofunk/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/EHRXPAYM/starbucksbenefits.com) .
*If you are working in CA, CO, IL, LA, ME, MA, NE, ND or RI, you will accrue vacation up to a maximum of 120 hours (190 in CA) for roles below director and 200 hours (316 in CA) for roles at director or above. For roles in other states, you will be granted vacation time starting at 120 hours annually for roles below director and 200 hours annually for roles director and above.
The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, geographical location, and internal equity. At Starbucks, it is not typical for an individual to be hired at the high end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.
If you live in the greater Chicago, IL area , we offer a flexible workplace that allows for hybrid work. Partners can work remotely up to two days per week.
The pay range for this position may be narrower than that displayed, depending on where the work is performed.
Join us and inspire with every cup. Apply today!
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers throughout our global communities. People of color, women, LGBTQIA+, veterans and persons with disabilities are encouraged to apply.
Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal state and local ordinances. Starbucks Corporation is committed to offering reasonable accommodations to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at applicantaccommodation@starbucks.com.