Acquisitions Manager - London

Location
Contract type
Permanent
Position type
Full Time
Salary
Competitive + Benefits
Closing date: 8th August 2026
Apply now

Introduction

About the role

This section tells you all you need to know about the position and its responsibilities, outlining everything we hope to see in a successful candidate.

Summary
The Acquisition Manager plays a pivotal role in delivering M&S’s property transformation by identifying, securing, and progressing new sites that strengthen the store estate and support long term growth. This role blends commercial acumen, market insight, and negotiation expertise to build a high quality pipeline of Foodhalls, full line stores, and strategic relocations. You will be accountable for driving deals from concept to completion, ensuring each acquisition aligns with M&S’s customer strategy, financial targets, and brand ambitions.

This role offers a mix of office and field-based working, with time divided between our Waterside Support Centre and travel across the business as required
All the details

What You Will Do

  • Build and maintain a strong pipeline of new store opportunities, using catchment analysis, competitor activity, demographic trends and market insights to identify high potential locations aligned to M&S's long term estate strategy.
  • Undertake detailed site appraisals covering access, visibility, planning considerations, lease terms and commercial viability to assess suitability for new stores.
  • Develop robust business cases and financial appraisals, ensuring opportunities meet ROI, profitability and payback requirements before presenting recommendations and risk assessments to senior stakeholders.
  • Lead negotiations with landlords, developers, agents and local authorities, securing optimal commercial terms and managing deals through heads of terms, legal processes, due diligence, exchange and completion.
  • Structure property transactions to support long term operational flexibility, cost efficiency and sustainable business performance.
  • Partner with Construction, Format, Finance and Store Operations teams to deliver new sites on time and within budget, supporting planning applications, stakeholder approvals and community engagement activities.
  • Build and maintain strong relationships with agents, developers, landlords and local authorities, representing M&S across industry events, planning forums and regional property networks to strengthen the company's market position.

Who You Will Be

•Proven track record in retail, leisure, or mixed use acquisitions within the UK property market. •Strong negotiation skills with experience securing complex deals. •Excellent understanding of planning, leasing structures, development processes, and property law fundamentals. •Ability to interpret financial models, commercial appraisals, and investment metrics. •Confident communicator able to influence at all levels.

Desirable •Experience working within a multi site national retailer. •Knowledge of food retail, convenience formats, or large format store development.

What’s in it for you

Being a part of M&S is exactly that – playing your part to bring the magic of M&S to our customers every day. We’re an inclusive, dynamic, exciting, and ever‑evolving business built on doing the right thing and bringing exceptional quality, value and service to every customer, whenever, wherever and however they want to shop with us.

Here are some of the benefits we offer that make working for M&S just that little bit more special…

  • 20% colleague discount across all M&S products and many of our third‑party brands for you and a member of your household.
  • Competitive holiday entitlement with the potential to buy extra holiday days.
  • Discretionary bonus schemes awarded based on how you achieve your personal objectives and our performance as a business.
  • A generous Defined Contribution Pension Scheme and Life Assurance.
  • A dedicated welcome to our teams with a tailored induction and a wide range of training programmes to develop your skills.
  • Amazing perks and discounts via our M&S Choices portal to maximise your financial and personal wellbeing.
  • Industry‑leading parental, adoption and neonatal policies, providing support and flexibility for your family.
  • Access to a fantastic range of wellbeing support for all colleagues, including our 24/7 Virtual GP and PAM Assist for you and your family.
  • A charity volunteer day to support a cause you're passionate about through a dedicated day away from work.

Everyone’s welcome

We are ambitious about the future of retail. We’re disrupting, innovating and leading the industry into a more conscientious, inspiring digital era. We’re transforming how we work together and offering our most exciting opportunities yet. Marks & Spencer strives to be an inclusive organisation, trusted and admired by our colleagues, customers and suppliers. Join us and make change happen.

We are committed to building diverse and representative teams, where everyone can bring their whole selves to work and be at their best. We support each other and work together to win together. If you feel you'd benefit from any support or reasonable adjustments during any stage of the recruitment process, please don’t hesitate to let us know when completing your application. This information will be picked up by our team, so we can try and put steps in place to help you be at your best through this process.

Benefits

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Raising awareness of various religions and cultures through events and comms, to educate others and better represent our M&S colleagues and customers.

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Supporting colleagues connected to the Armed Forces, aiding their transition to civilian life, and ensuring that they thrive in the workplace.

Gender Equality Network

Addressing gender-related challenges, raising awareness, and driving action to ensure equal opportunities for all.

Family & Carers Network

A support network for parents and carers, offering a space for colleagues to share experiences, exchange ideas, and access useful resources.

Cancer Network

Fostering a supportive and inclusive workplace culture, addressing stigma, providing guidance and raising awareness to empower and assist colleagues affected by cancer.

LGBTQ+ Network

Proactively representing LGBTQ+ issues and opportunities to deliver a truly inclusive place to work and shop for our colleagues and customers.

Health and Wellbeing Network

Providing a safe space for colleagues with all types of health conditions or disabilities and supporting with business initiatives to ensure our stores are truly accessible for our customers.

How to Apply

Here’s what to expect at each stage of the application process. This can change depending on the role you’ve applied to. If you need any reasonable adjustments made at any stage, let us know and we can help.

Acquisitions Manager - London

Contract type
Permanent
Position type
Full Time
Salary
Competitive + Benefits
Closing date: 8th August 2026
Reference: 120092