About The Position

Purpose: The Director of Retail Concept Development & Hybrid Portfolio leads the innovation and execution of proprietary retail concepts and hybrid portfolios combining retail, food & beverage, and experiential solutions.

Requirements

  • The combination of education and professional experience must exceed 8 years:
  • Requires 3 years of experience leading a team of professionals engaged in developing and executing retail concept development programs
  • Requires 8 years of experience engaged in delivering retail concept development programs
  • A bachelor’s degree in a program related to the functional area can count for 3 of the eight-year requirement
  • An MBA or a master’s level degree in a program related to the functional area can count for an additional 2 years of the eight-year requirement
  • 3-5 years of Hospitality, F&B and/or Retail experience
  • Proven success in developing and launching retail concepts that drive measurable financial results
  • Proficiency in retail management systems, analytics tools, and emerging retail technologies
  • Strong analytical and strategic thinking capabilities.
  • Excellent project management and organizational skills
  • Outstanding communication, negotiation, and presentation abilities
  • Business acumen and also has the mindset required to understand the long-term implications of concept development planning and to advance the organizations goals
  • Demonstrated history of understanding the needs of the business, stakeholders, the employee population and individual circumstances
  • Demonstrated history of creating and maintaining positive work environments through coaching, developing, and leading teams to achieve common goals

Responsibilities

  • Supports the ideation, design, and development in collaboration with VP, Concept Development of innovative retail concepts tailored for aviation and travel environments; collaborates with cross-functional teams (Design & Construction, Marketing, Operations) to bring concepts to market
  • Drives financial performance (top-line growth, bottom-line profitability, capital expenditures, and IRR) of the retail portfolio; introduces cutting-edge solutions for travel retail and aviation sectors; supports the Commercial team in formulating long-term retail and hybrid growth strategies
  • Monitors industry trends, emerging technologies, and competitor strategies to drive continuous innovation in retail formats, product offerings, and customer engagement; conducts comprehensive market research to identify emerging trends and evolving consumer behaviors in travel retail and hospitality
  • Manages a dynamic hybrid portfolio encompassing physical stores and pop-ups in collaboration with the Concept Development and Portfolio Development Teams
  • Develops and executes strategies to maximize portfolio performance and value; analyzes sales data, customer insights, and market trends to inform strategic decisions
  • Identifies new business partnerships in collaboration with the Concept Development and Category Management Teams
  • Assesses airport contracts to ensure hybrid concepts align with terminal guidelines and operational requirements; develops and maintains brand guidelines/brand books for consistent concept execution and brand integrity
  • Leads seamless execution of retail and hybrid concepts from planning through launch; oversees resource allocation to ensure project success
  • Partners with Category Management to ensure product inclusion in F&B concepts where merchandise is a necessary component; I.e. Sports or Adult Beverage concepts
  • Supports the development and delivery of temporary units for both retail and food and beverage in connection with company fabricators and Development to deliver on airport expectations.
  • Cultivates and manages relationships with internal and external key stakeholders, including Operations, Category Management, airport authorities, brand partners, and suppliers
  • Collaborates with the Commercial Team and Director of Retail Portfolio Development in negotiating favorable contract terms.
  • Supports brand changes in multi- brand stores and re-concepts. Partners with Category management to ensure signage changes are made and that layouts are updated appropriately. Coordinates with operations to ensure that CM changes happen in the stores.
  • Partners with the Director of F&B Concept Development to ensure hybrid concepts are innovative, financially viable, and operationally sound

Benefits

  • Health, dental and vision insurance
  • Generous paid time off (vacation, flex or sick)
  • 401(k) retirement plan with company match
  • Company paid life insurance
  • Tuition reimbursement
  • Employee assistance program
  • Training and exciting career growth opportunities
  • Referral program – refer a friend and earn a bonus
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