Human Resources

Federal Realty Investment Trust announced that Dan Guglielmone will take over as its CFO and treasurer next month. A 13-year veteran of Vornado, Guglielmone is currently the company’s senior VP of acquisitions. He previously spent 10 years in investment banking with the real estate and lodging group of Salomon Smith Barney/Citigroup.  

DLC Management announced several promotions within its national leasing team, chief among them the naming of Chris Ressa as senior VP of the department.   A one-time Sherwin Williams real estate rep, Ressa joined DLC as a leasing rep in 2007 and rose through the ranks to become VP of the Midwest region and senior VP of the Northeast/Midwest region before being put in charge of nationwide leasing for this major owner and operator of open-air shopping centers.  

Newegg.com is expanding its physical footprint, this time in Canada.   The online electronics retailer opens its Hybrid Centre in Richmond Hill, Ontario on Friday, July 15. The facility serves a dual purpose of allowing customers to pick up their will-call orders, as well as browse tech products or attend an educational seminar. Some of the products on display are available exclusively through Newegg, many of which are making their North American debut at the Hybrid Centre.  

Walmart’s Lifelong Learning Program is getting a boost from a new partnership with educational technology and services company Cengage Learning.  

Bob Mariano, CEO of the Roundy’s Supermarkets Inc. division of The Kroger Co., will retire effective Sept. 1, 2016.   After retiring, Mariano will serve as strategic adviser to Kroger and Roundy's for two years. Don Rosanova, president of Mariano's, and Michael Marx, president of Roundy's Supermarkets Wisconsin, will continue to serve in their current roles leading the two supermarket divisions.  

One day after announcing a general salary increase for all U.S. corporate store employees, Starbucks Corp. is preparing to increase some prices.   As of July 12, Starbucks made what it calls a “small price adjustment” in U.S. company-operated stores. Depending on the market, customers will experience increases of 10 to 20 cents on select sizes of brewed coffee, and 10 to 30 cents on espresso beverages and tea lattes.  

The end of summer is often a sad time, but workers at U.S. Starbucks stores have more to look forward to with the coming of autumn than football and the changing of leaf colors.   Effective Oct. 3, 2016, the coffee retailer is giving all employees and managers in U.S. company-operated stores an increase in base pay of 5% or greater. The range of increase will be determined by geographic and market factors.  

Staples Inc.is looking north of the border for an executive to lead its North American operations.   The office supply giant is promoting Steve Matyas to president of North American retail. Matyas had previously served as president of Staples Canada/Bureau en Gros since July 2000, and will continue to serve as a member of the company’s executive committee.