Watsons Vietnam

About the Role
Watsons Vietnam is looking for an
Assistant Store Development Manager
to support the continued expansion of our retail network.
We are looking for a
commercially minded retail expansion professional
who can manage the end-to-end store development journey — from identifying the right location and building the business case, through landlord negotiation, project development and successful store opening.
The role will have a strong focus on
shopping malls / premium retail locations
and will work closely with mall developers, landlords and internal cross-functional teams.
Key Responsibilities
Site Expansion &amp; Commercial Feasibility
<ul>
<li>Identify and evaluate potential store locations, with a strong focus on
shopping malls, premium malls and key retail destinations
.</li>
<li>Assess locations based on catchment, footfall, demographics, competition, visibility, accessibility and sales potential.</li>
<li>Prepare site proposals and commercial / financial feasibility assessments for Management approval.</li>
<li>Support analysis of
sales forecast, rental cost, CAPEX, Store P&amp;L, ROI and payback
.</li>
<li>Monitor new mall developments, market trends and expansion opportunities.</li>
</ul>
Leasing &amp; Landlord Management
<ul>
<li>Build and maintain relationships with
mall developers, landlords, leasing teams and property partners
.</li>
<li>Negotiate rental, turnover rent, lease term, fit-out period, landlord contribution and other commercial terms.</li>
<li>Coordinate with Legal on Offer to Lease, Lease Agreements and related documentation.</li>
<li>Support lease renewals, relocations and portfolio optimization where required.</li>
</ul>
Store Development &amp; Project Management
<ul>
<li>Take ownership of store development from
site approval through to store opening
.</li>
<li>Manage overall project timelines, milestones, CAPEX, risks and opening readiness.</li>
<li>Coordinate closely with
Operations, Finance, Legal, Design, Construction, Procurement, IT, Marketing and Supply Chain
.</li>
<li>Work with mall management, contractors and vendors to ensure projects are delivered on time and within budget.</li>
<li>Monitor design, layout, fit-out, MEP, construction and handover activities.</li>
<li>Ensure new stores meet Watsons’ brand, operational and quality standards.</li>
</ul>
Expansion Planning &amp; Reporting
<ul>
<li>Maintain the store expansion pipeline and support annual / mid-term network planning.</li>
<li>Prepare regular updates on site pipeline, lease status, CAPEX, project progress and opening timelines.</li>
<li>Support post-opening performance review and provide recommendations for future expansion.</li>
</ul>
What We’re Looking For
<ul>
<li>Around
5+ years of relevant experience
in Retail Expansion, Store Development, Site Development, Retail Leasing, Property Development or Network Development.</li>
<li>Hands-on experience in
site sourcing, location evaluation and lease negotiation
.</li>
<li>Strong experience working with
shopping malls, mall developers and landlords
.</li>
<li>Good commercial understanding of
Store P&amp;L, sales forecasting, rental economics, CAPEX, ROI / payback or similar investment indicators
.</li>
<li>Experience managing or coordinating
new store openings end-to-end
.</li>
<li>Strong cross-functional project management and stakeholder management skills.</li>
<li>Good understanding of
retail design, fit-out and construction processes
.</li>
<li>Good command of English.</li>
</ul>
Preferred Background
Experience in
Beauty / Cosmetics, Luxury, Premium Retail, Fashion, Jewelry, Department Stores or International Retail
would be highly preferred.
Exposure to major retail destinations or mall developers such as
Vincom, AEON Mall, Lotte, Takashimaya / Saigon Centre, THISO or equivalent
would be an advantage.

Assistant Store Development Manager – Site Expansion

Assistant Store Development Manager – Site Expansion

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