02 — Capability · BC-1370
Store Network & Real Estate
Decide where the retailer has stores, in what formats and under what leases, and open, remodel, relocate and close them, so the physical network matches where the customers are and what each site can earn.
- Retail Real Estate
- Store Portfolio
- Network Planning
- Store Development
In scope
- Network strategy, market planning and site selection
- Lease negotiation, administration and occupancy cost
- Store design, construction and opening programs
- Fleet performance review, remodels, relocations and closures
Out of scope
- Day-to-day repairs, cleaning and facility services (see BC-370)
- Running the store once it is open (see BC-1320)
- Distribution center network design (see BC-660)
Decomposes into · 4
- BC-1370.10Network Strategy & Site SelectionDecide how many stores the retailer should have, in which markets and formats, and choose the specific sites that will earn their keep, using trade-area evidence rather than a landlord's brochure.
- BC-1370.20Lease & OccupancyNegotiate and administer the leases and property agreements behind every store, and manage occupancy cost and the critical dates — renewals, breaks and expiries — so no store is lost or overpaid for by oversight.
- BC-1370.30Store Design & DevelopmentDesign store formats and build or fit out each new store to the standard, on budget and in time for the planned opening, with the fixtures, systems and signage ready on day one.
- BC-1370.40Fleet Performance & Portfolio ActionsReview every store against what it should earn and act — remodel, downsize, relocate or close — so the network keeps improving instead of accumulating stores nobody wants to decide about.