-By Jane Olszeski Tortola
Recently heralded as one of Pennsylvania's 50 top businesswomen,
Shelly Sponholz has had an exceptional career in the supermarket
industry. Today her good work benefits Giant Eagle, the
Pittsburgh-based privately held grocer where Sponholz is s.v.p. of
real estate and asset management.
But her experience in the food business goes well beyond grocery
retailing. Earlier on, she was recruited and hired by McDonald's,
where she climbed the corporate ladder, ultimately reaching the
post of regional real estate manager.
"It seems like just yesterday that I was working with McDonald's
Corp. alongside two fantastic regional v.p.'s: Bill Hockett and Jan
Fields," recounts Sponholz. "Bill originally hired me, and I found
him always to be a great advocate of diversity at McDonald's. Under
his leadership, I was selected as a McDonald's President's Award
recipient, one of the highest honors presented to corporate
employees.
"I also had the pleasure of working with Jan, who is currently the
North American president of McDonald's Corp. She was then, and is
today, a constant source of inspiration not only for me, but for
all women in business. Jan worked her way up from working in the
restaurants to her current position as one of the most powerful
executives in the organization."
For Sponholz, it was her own inspiring performance at McDonald's,
as well as her ambition to expand into new disciplines such as
lease administration and asset management, that led to her joining
the Giant Eagle organization in 1995, initially as v.p. of real
estate. She was hired by John Lucot, now president of the Giant
Eagle Supermarkets division. "He’s an incredibly smart and dynamic
leader," says Sponholz of Lucot. "John challenges me to always
achieve the best possible results in everything we do."
She also acknowledges c.e.o. David Shapira as "the visionary who
sets the bar on continuous improvement and professionalism
throughout the organization."
Relying on 'confidence and support'
Leading a staff of 50 deployed across a variety of real estate
disciplines no doubt requires Sponholz to be on top of her game
24/7. The work encompasses real estate development and market
research, site selection, and lease/purchase negotiations, as well
as lease administration and accounting, asset management,
facilities management for all Giant Eagle properties, store
maintenance, corporate office facilities management, and
space-planning management for the grocer's office spaces in
Pittsburgh; Cleveland, Ohio; and Youngstown, Ohio.
"It requires confidence and support," admits Sponholz, who adds
that both qualities were instilled in her at a young age. "When I
was growing up, my father reminded me always that there was nothing
I couldn't achieve if I wanted it badly enough. In fact, it was at
his urging that I became the first high school athlete in our
school district to play on a men's varsity team. Needless to say,
it caused quite a stir with the parents of the male athletes, but
my dad stood by me the entire time."
Last, but definitely not least, Sponholz credits much of her
success to her husband, Mark, a retired teacher turned
philanthropist, with whom she has two sons, Chad and Evan.
"During my years at McDonald's, when I was out of town up to four
nights a week, he took on the lion's share of responsibility for
keeping things running smoothly at home," she recalls. "He's always
been a fantastic sounding board and a constant source of stability
and grounding for me both personally and professionally."
Womanly words to the wise
As a food business exec who has broken new ground at two major
food businesses, Sponholz can offer sage advice to young women who
are considering a career within the industry.
Here's just one of her observations for aspiring execs to consider:
"This is a great time to consider a career in the food industry.
Historically this arena has been male-dominated, and I believe that
there's a newfound appreciation for [women's contributions], and
recognition that women need to be a critical part of helping to
create current and future strategy. It's an extremely multifaceted
business that can offer opportunities in a myriad of
disciplines."
On location
As s.v.p. of real estate and asset management at
Pittsburgh-based Giant Eagle, and with years of real estate
management experience at McDonald's before that, Shelly Sponholz is
a font of strategic intelligence regarding site selection, leasing,
and store development. To independent grocers, she suggests:
1) Don't ever lose sight of the fact that site selection is
still "location, location, location." "While there are some
major national retailers that can build on the fringe of the market
(the 'build it and they will come" theory of site selection), for
most retailers, and especially supermarkets, customers are still
looking for convenience, easy access, and good parking."
2) If you're negotiating a new deal with a landlord or
developer, make sure you're well represented by a strong real
estate transactional attorney. "A new lease is a huge financial
undertaking that you're most likely going to live with for 20 years
or more," notes Sponholz. "I’ve seen many leases signed by
independent retailers that contain provisions that could have a
negative impact on the business in a variety of different
ways.
"Having a supermarket exclusive is very important, as is making
certain that you protect your common- area parking rights by
requiring the landlord to obtain your consent for changes to the
common area."
INDEPENDENTS REPORT: Happy landing
Aug 1, 2008
-By Jane Olszeski Tortola
Recently heralded as one of Pennsylvania's 50 top businesswomen, Shelly Sponholz has had an exceptional career in the supermarket industry. Today her good work benefits Giant Eagle, the Pittsburgh-based privately held grocer where Sponholz is s.v.p. of real estate and asset management.
But her experience in the food business goes well beyond grocery retailing. Earlier on, she was recruited and hired by McDonald's, where she climbed the corporate ladder, ultimately reaching the post of regional real estate manager.
"It seems like just yesterday that I was working with McDonald's Corp. alongside two fantastic regional v.p.'s: Bill Hockett and Jan Fields," recounts Sponholz. "Bill originally hired me, and I found him always to be a great advocate of diversity at McDonald's. Under his leadership, I was selected as a McDonald's President's Award recipient, one of the highest honors presented to corporate employees.
"I also had the pleasure of working with Jan, who is currently the North American president of McDonald's Corp. She was then, and is today, a constant source of inspiration not only for me, but for all women in business. Jan worked her way up from working in the restaurants to her current position as one of the most powerful executives in the organization."
For Sponholz, it was her own inspiring performance at McDonald's, as well as her ambition to expand into new disciplines such as lease administration and asset management, that led to her joining the Giant Eagle organization in 1995, initially as v.p. of real estate. She was hired by John Lucot, now president of the Giant Eagle Supermarkets division. "He’s an incredibly smart and dynamic leader," says Sponholz of Lucot. "John challenges me to always achieve the best possible results in everything we do."
She also acknowledges c.e.o. David Shapira as "the visionary who sets the bar on continuous improvement and professionalism throughout the organization."
Relying on 'confidence and support'
Leading a staff of 50 deployed across a variety of real estate disciplines no doubt requires Sponholz to be on top of her game 24/7. The work encompasses real estate development and market research, site selection, and lease/purchase negotiations, as well as lease administration and accounting, asset management, facilities management for all Giant Eagle properties, store maintenance, corporate office facilities management, and space-planning management for the grocer's office spaces in Pittsburgh; Cleveland, Ohio; and Youngstown, Ohio.
"It requires confidence and support," admits Sponholz, who adds that both qualities were instilled in her at a young age. "When I was growing up, my father reminded me always that there was nothing I couldn't achieve if I wanted it badly enough. In fact, it was at his urging that I became the first high school athlete in our school district to play on a men's varsity team. Needless to say, it caused quite a stir with the parents of the male athletes, but my dad stood by me the entire time."
Last, but definitely not least, Sponholz credits much of her success to her husband, Mark, a retired teacher turned philanthropist, with whom she has two sons, Chad and Evan.
"During my years at McDonald's, when I was out of town up to four nights a week, he took on the lion's share of responsibility for keeping things running smoothly at home," she recalls. "He's always been a fantastic sounding board and a constant source of stability and grounding for me both personally and professionally."
Womanly words to the wise
As a food business exec who has broken new ground at two major food businesses, Sponholz can offer sage advice to young women who are considering a career within the industry.
Here's just one of her observations for aspiring execs to consider: "This is a great time to consider a career in the food industry. Historically this arena has been male-dominated, and I believe that there's a newfound appreciation for [women's contributions], and recognition that women need to be a critical part of helping to create current and future strategy. It's an extremely multifaceted business that can offer opportunities in a myriad of disciplines."
On location
As s.v.p. of real estate and asset management at Pittsburgh-based Giant Eagle, and with years of real estate management experience at McDonald's before that, Shelly Sponholz is a font of strategic intelligence regarding site selection, leasing, and store development. To independent grocers, she suggests:
1) Don't ever lose sight of the fact that site selection is still "location, location, location." "While there are some major national retailers that can build on the fringe of the market (the 'build it and they will come" theory of site selection), for most retailers, and especially supermarkets, customers are still looking for convenience, easy access, and good parking."
2) If you're negotiating a new deal with a landlord or developer, make sure you're well represented by a strong real estate transactional attorney. "A new lease is a huge financial undertaking that you're most likely going to live with for 20 years or more," notes Sponholz. "I’ve seen many leases signed by independent retailers that contain provisions that could have a negative impact on the business in a variety of different ways.
"Having a supermarket exclusive is very important, as is making certain that you protect your common- area parking rights by requiring the landlord to obtain your consent for changes to the common area."