Jared Wright

Experience

1. Store Development Manager

   Starbucks

   May 2024 — Present · VA, US

   In my role as a Store Development Manager at Starbucks I’m responsible for leading execution of strategic growth plans for my market of 150+ stores including site selection, lease negotiation, entitlement and development of new stores. I also determine how financial objectives such as sales and profit will be achieved through proactive management of the portfolio. Guides analyses on impact of renovation cycles, renewals, sales transfer, initiatives rollout, store expansions, closures and relocations.Some of my key responsibilities include1.**Project Management:** Lead and coordinate store development projects, ensuring they adhere to schedules, budgets, and Starbucks\' standards.2.**Site Selection/Real Estate**-**Financial/Data/Market Analysis:**I evaluate capital investments across new stores, remodels, relocations, and renewals, ensuring each project meets targeted returns and strengthens long‑term market value. My work integrates P&L impact, sales transfer analysis, and lifecycle planning to optimize profitability and drive sustainable expansion-**Site Evaluation:** Assess the viability of potential sites, considering factors like traffic patterns, visibility, accessibility, and competitive landscape-**Lease Negotiation:** Work closely with real estate professionals and legal teams to negotiate lease terms, ensuring favorable conditions for Starbucks. This includes understanding zoning laws, building codes, and lease structures-**Due Diligence:** Participate in site visits and due diligence processes to assess site conditions and potential risks, including environmental assessments and infrastructure evaluations.3.**Design and Construction:** Oversee the design and construction phases, coordinating with architects and contractors to ensure store layouts meet brand standards and local regulations.5.**Cross-Functional Collaboration:** Work with finance and operations teams to ensure financial accuracy.