Richard M. Peritz is an experienced business and real estate professional with a background in retail operations, multi-unit development, commercial leasing, shopping centers, and financial management. He has 20+ years of experience in real estate roles for large retail companies, negotiating favorable leases and identifying profitable locations. His experience includes senior real estate positions at Zale Corporation and Archibald Candy Corporation, where he oversaw hundreds of store locations.
1. RICHARD M. PERITZ
500 N. Tarrant Pkwy. #628 Keller, Texas 76248 H (817) 581-0824 C (952) 221-0496
r_peritz@yahoo.com
SUMMARY
A results-oriented and enterprising Business/Real Estate Professional with extensive experience
in multi-unit business development, leasing, commercial properties, shopping centers and malls,
financial management, and retail sales. A dedicated, mature leader with integrity who seizes
opportunities to solve problems while demonstrating the ability to think strategically, and multi-
task, to secure the achievement of established objectives. An enthusiastic team leader and
excellent communicator with strong verbal and writing abilities. Possesses a proven track record
of identifying profitable retail locations and negotiating favorable leases to reduce expenses,
contributing to the growth and prosperity of an organization.
EXPERIENCE_____________________________________________________________________
BEST BUY CO., INC. Minneapolis, Minnesota
Sr. Manager, Real Estate – Best Buy Mobile - Temporary Position Feb. 2010 - Present
Responsible for site selection, deal negotiation, lease completion and landlord issue liaison for new Best Buy
Mobile stores located in malls in various markets within the US. Work directly with construction, finance, legal,
retail and other internal and external partners to insure that costs are minimized, stores open on time in
optimal locations, and company objectives are achieved.
ZALE CORPORATION Irving, Texas
Director of Real Estate Leasing 2004–2009
Held direct responsibility for real estate matters involving up to 1,500 store locations, in 31 states. Identified
new store locations, and negotiated favorable lease renewals on existing locations. Presented deals to senior
management for review and approval at regularly scheduled real estate committee meetings. Negotiated rent
reductions and early lease terminations for unprofitable locations with landlord leasing representatives.
Coordinated with external brokers to identify locations for rapidly expanding Zales Outlet concept.
Worked directly with Brand Operations and Finance Department to develop strategies and capital budgets
consistent with P&L objectives. Acted as liaison with construction, maintenance, and legal personnel to resolve
conflicts with landlord counterparts. Maintained direct lines of communication with Zale store operations
personnel regarding real estate–related matters. Stayed current on local market conditions in territory through
site visits, research, and communication with store staff members. Maintained detailed, organized records for
future reference.
♦ Secured executive approval for up to 120 lease transactions per year.
♦ Expanded leasing knowledge by adding Zales Outlet power center and Piercing Pagoda kiosk locations
to Zales’, Gordon's Jewelers’, and Bailey Banks and Biddle Jewelers’ traditional mall locations.
♦ Presented opportunities to consolidate store count in appropriate shopping malls, to increase overall
profitability.
♦ Introduced tools to enhance consistency and efficiency in Real Estate (RE) Committee presentations.
♦ Worked closely with brokers to identify, visit, and present new location opportunities in order to
expand Zale Outlet concept in power centers located in Florida, Alabama, and Mississippi.
♦ Held recent responsibility for real estate–related matters involving up to 650 U.S. store locations in
the mid-Atlantic and the Southeast.
♦ Improved mall position to accommodate new Bailey Banks and Biddle Jewelers grand store concept in
Tysons Corner Center (Virginia), Fair Oaks (Virginia), Aventura (Florida), The Somerset Collection
(Michigan), and Cherry Hill (New Jersey) malls.
♦ Increased lines of communication between the Company real estate function and store operations
personnel.
2. Richard M. Peritz, Page 2
ARCHIBALD CANDY CORPORATION (Fannie May Candies, Inc.) 1986-2004
National Director of Real Estate, Chicago, Illinois, 1992 - 2004
Oversaw real estate–related functions of approximately 550 stores, located in 26 states, through three brands:
Fannie May Candies, Fanny Farmer, and Sweet Factory. Supervised and directed real estate manager,
administrative assistant, and property maintenance coordinator. Prepared documents for presentation at RE
committees with senior executives. Negotiated lease language with landlord attorneys and prepared related
legal documents, such as estoppels and SNDA forms, for signature. Communicated new lease terms and
related information to appropriate individuals internally. Assisted construction personnel with project
management to insure timely completion of new stores, remodels, etc. Coordinated property maintenance of
company-owned, freestanding store locations, including vendor negotiations, purchase order processing, and
follow up.
Intervened to solve problems with local government agencies, such as building, health, and fire departments.
Coordinated property tax appeal process for company-owned locations. Identified and secured temporary holiday
store locations for seasonal program. Authorized purchase orders related to maintenance of leased locations and
company-owned properties. Negotiated and processed acquisition and condemnation issues relating to 33
company-owned locations with appropriate governmental agencies. Held responsibility for internal and external
communication regarding all real estate related issues.
♦ Identified and negotiated leases for 70 new store locations, generating $20,000,000 in sales.
♦ Achieved 1% per year cost reduction through negotiated rent reductions.
♦ Reduced property tax expenditures by $100,000 per year, through coordinating tax appeal process.
♦ Directed negotiation and implementation of holiday kiosk program, generating $500,000 in
additional sales.
♦ Worked closely with senior management to plan annual $2,400,000 capital budget and $225,000
real estate G&A department budget.
♦ Developed and maintained relationships with landlords and developers, and conducted lease
negotiations to obtain favorable terms for approximately 12 new stores and 70 lease renewals, per
year.
♦ Facilitated expansion by identifying suitable mall, strip center, and street-front locations based upon
company’s strategic plan.
♦ Secured four profitable airport locations through RFP (Request for Proposal) process with City of
Chicago.
Region Sales Manager, Bensalem, Pennsylvania, 1988-1992. Oversaw Fannie May retail candy operations
in Pennsylvania; New Jersey; Maryland; Virginia; Washington, DC; and Florida. Supervised and directed three
district managers. Managed implementation and operation of 100 wholesale accounts with Giant Food
Supermarkets in the Washington, DC metropolitan area. Coordinated with vice president in management and
operation of warehouse and distribution center.
Sales Administrator, Chicago, Illinois, 1986-1988. Managed retail operations pertaining to 70 Fannie May
Candies locations in Illinois; Indiana; Michigan; Ohio; and Florida. Supervised and directed four district
managers. Coordinated shop openings.
EDUCATION
ILLINOIS STATE UNIVERSITY, Normal, Illinois
M.S., Counselor Education, 1978
B.S., Psychology, 1976
AFFILIATION
International Council of Shopping Centers (ICSC), 1990–2009
COMPUTER SKILLS
3. Richard M. Peritz, Page 3
Microsoft Excel, Microsoft Word
P E R S O N A L____________________________________________________________________
Married. Enjoys golfing, conditioning exercise, and reading.