At a Glance
- Tasks: Analyze retail data and produce insights that drive strategic decisions for top brands.
- Company: Join Retail Economics, a leading consultancy shaping the future of retail with innovative research.
- Benefits: Enjoy hybrid work flexibility, professional development opportunities, and a competitive benefits package.
- Why this job: Make a meaningful impact in a collaborative environment while working on high-impact projects.
- Qualifications: Strong analytical skills, communication abilities, and a degree in Economics or related field required.
- Other info: Experience with AI tools and data visualization is a plus; thrive in a fast-paced, innovative culture.
The predicted salary is between 36000 - 60000 £ per year.
Company Description
Retail Economics is a leading independent economics consultancy based in the London area, UK. We specialise in providing unparalleled insights, proprietary data, and economic forecasts that empower our clients to navigate the complexities of the retail and consumer sectors.
A large part of our work is devoted to producing hard-hitting thought leadership research for our clients, including TikTok, Barclays, Amazon, Uber, NatWest, Vinted, and many others. Our unique approach and distribution platform enables our research to reach the right audience and make a real impact.
You’ll join a dynamic and highly collaborative team passionate about creating innovative and thought-provoking research. We foster a culture of innovation, professional growth, and disruption — and we’re proud to help our people thrive.
Role Description
We are seeking an enthusiastic and driven Retail Analyst to join our expert team. This full-time, hybrid role offers a balance between office-based collaboration (c. 2 days per week) and remote flexibility, with our primary office located in South Bromley (16 minutes from Victoria).
As a Retail Analyst at Retail Economics, you will play a pivotal role in delivering actionable insights that influence strategic decisions for some of the world’s leading retail and consumer-facing brands. You will dive deep into retail data, analyse key market trends, and support clients with clear, concise reports and recommendations that address their unique challenges. This role offers the opportunity to work on high-impact projects that shape industry outcomes.
The role requires the candidate to use a blend of data analysis, report writing and story-telling to reveal unique insights on areas of consumer research. Examples could include the impact of social media, attitudes towards sustainability, or the cost of living crisis.
Successful applicants will be those who demonstrate the desire to embrace a hard work ethic, work in a fast-paced and demanding environment, who thrive on challenges and have an appetite for self-development.
Key Responsibilities
- Analyse retail market data to identify trends, performance drivers, and consumer behaviour patterns.
- Produce unique insights tailored to client objectives.
- Contribute to the production of thought leadership pieces, market reports, social content and presentations.
- Monitor key market developments, including shifts in market sizes, inflationary pressures, and consumer sentiment.
- Use of AI platforms such as ChatGPT, Claude, Gemini, NotebookLM, Synthsia and others to automate, enhance and scale output.
- Support client meetings by presenting findings and responding to bespoke data requests.
What We Offer
- Hybrid working flexibility: Work in a way that suits you, balancing home and office time.
- Professional development: We invest in our team with training, industry events, and opportunities for personal growth.
- Meaningful impact: Your insights will directly shape business strategies for leading organisations.
- Innovative culture: Be part of a forward-thinking team that embraces new ideas and cutting-edge AI technologies.
- Collaborative environment: Work with experts in economics, data science, and industry research in a supportive and inclusive setting.
- Competitive benefits package: Including a competitive salary, pension scheme, and additional perks.
Qualifications
- Strong analytical skills with experience in data interpretation and data-driven decision-making.
- Excellent communication abilities, with the confidence to present insights and recommendations to stakeholders.
- A deep understanding of retail industry trends and sales performance drivers.
- Proficiency in working with large datasets and conducting detailed analysis.
- Bachelor’s degree (preferably Masters’ degree) in Economics, or a related field.
- Experience using data visualisation tools (such as Power BI or Tableau) is highly desirable.
- Experience using AI tool and advanced prompt engineering skills is highly desirable.
- Strong organisational skills with the ability to manage multiple projects and deadlines.
This is an exciting opportunity to be part of a fast-growing consultancy at the forefront of the retail and consumer landscape. If you are passionate about using data to make a tangible impact in the retail sector, we’d love to hear from you.
Retail Analyst employer: Retail Economics
Contact Detail:
Retail Economics Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Retail Analyst
✨Tip Number 1
Familiarize yourself with the latest trends in the retail industry. Follow relevant news sources, blogs, and reports to stay updated on market shifts and consumer behavior patterns. This knowledge will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Showcase your analytical skills by preparing a case study or example of how you've used data to drive decision-making in previous roles. Be ready to discuss your thought process and the impact of your insights on business outcomes.
✨Tip Number 3
Highlight your experience with AI tools and data visualization software. Be prepared to discuss specific projects where you've utilized these technologies to enhance your analysis and reporting capabilities.
✨Tip Number 4
Network with professionals in the retail and economics sectors. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at Retail Economics. This can give you valuable insights and make your application stand out.
We think you need these skills to ace Retail Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Retail Analyst position. Tailor your application to highlight how your skills and experiences align with the job description.
Highlight Analytical Skills: Emphasize your strong analytical skills and experience in data interpretation. Provide specific examples of how you've used data to drive decision-making or uncover insights in previous roles.
Showcase Communication Abilities: Since the role involves presenting findings to stakeholders, include examples of your communication skills. Mention any experience you have in creating reports or presentations that effectively convey complex information.
Demonstrate Industry Knowledge: Illustrate your understanding of retail industry trends and sales performance drivers. Discuss any relevant projects or research you've conducted that showcases your knowledge in this area.
How to prepare for a job interview at Retail Economics
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with data interpretation and how you've used analytical skills to drive decision-making in previous roles. Bring examples of specific projects where your insights led to impactful outcomes.
✨Demonstrate Communication Confidence
Since the role involves presenting findings to clients, practice articulating your insights clearly and concisely. Use storytelling techniques to make your data relatable and engaging for stakeholders.
✨Familiarize Yourself with Retail Trends
Research current trends in the retail industry, including consumer behavior patterns and market shifts. Being knowledgeable about these topics will help you engage in meaningful discussions during the interview.
✨Highlight Your Experience with AI Tools
Given the emphasis on using AI platforms, be ready to discuss any experience you have with tools like ChatGPT or data visualization software. Share how you've leveraged technology to enhance your analysis and reporting.