Vin Altruda

Vin Altruda Email and Phone Number

CEO Espresso Royale • Dynamic Retail Executive • Inspirational Team Builder • Interim Leader • Growth Strategist @ Espresso Royale
whitmore lake, michigan, united states
Vin Altruda's Location
Ann Arbor, Michigan, United States, United States
Vin Altruda's Contact Details

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About Vin Altruda

I have been called an inspirational, hands-on leader who builds strong teams and leads them to success. My ability to communicate a clear, compelling vision that can be embraced and shared paired with my managerial courage to make timely, strategic decisions has driven market share, revenue and profit growth in challenged industry environments and fostered cultures where “the preferred place to work is the preferred place to shop.” My experience includes full P&L responsibility for a business unit generating in excess of $4B in annual revenues. Highlights include:-- Managing a team responsible for growing 19 stores to over 200 stores nationwide in five years exceeding $1.4B in sales. Achieved sales and profit goals in each of those five years. -- Began a greenfield international store growth program in 1998, building the division to more than 70 locations in four countries, and over $400M in sales. Achieved the five-year international expansion plan goals, including net income profitability as a division for the first time.-- Launched one of the largest customer loyalty programs in specialty retail with over 15M members in its first year.Specialties: Building & Leading Fortune 500 Specialty Retail Organizations • International & Domestic Operations, Merchandising, Marketing, Finance, Distribution and Customer Service Oversight of $4B Businesses • Continuous Process ImprovementI have a background of full P&L responsibility for a business unit generating $4B in annual revenues.

Vin Altruda's Current Company Details
Espresso Royale

Espresso Royale

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CEO Espresso Royale • Dynamic Retail Executive • Inspirational Team Builder • Interim Leader • Growth Strategist
whitmore lake, michigan, united states
Employees:
62
Vin Altruda Work Experience Details
  • Espresso Royale
    Ceo
    Espresso Royale Oct 2013 - Present
    Whitmore Lake, Mi
    I am currently CEO of the Amherst Fund’s portfolio company, Espresso Royale. Espresso Royale is a roaster and coffeehouse with 21 locations serving select college campus markets in four Midwestern states.
  • Independent
    Retail Growth Strategist And Business Consultant
    Independent Feb 2008 - Oct 2013
    Provided retail industry expertise to a variety of investors and private equity groups. I worked with specialty retailers on strategic initiatives and planning.
  • Borders
    President, Borders Group Worldwide
    Borders 1997 - 2007
    Developed a strategic plan for the international superstore concept, leading teams to implement plans for product sourcing, financial models, site selection, distribution and logistics, inventory control, administration, and store support.Assembled and headed the merchandising, marketing, operations, human resource and supply chain teams for Borders International division, a separate operating company. Developed a real estate strategy for market and site selections in the U.K., Singapore, Australia and New Zealand. Accomplished the International five-year expansion plan goals by leveraging the domestic core competencies and optimizing overhead in-country. Grew the International division to over $400M in International sales and 11% of Borders Group, Inc. consolidated sales in 2003, more than 70 locations in four countries and over 2,500 employees. Achieved net income profitability as a company for the first time in fiscal 2003 despite a planned net income loss for the year.
  • Borders
    Senior Vice President, Borders Store Operations
    Borders 1994 - 1997
    Successfully merged two disparate cultures into one that best supported the strategic growth plan. Managed a team responsible for growing 19 stores to over 200 stores nationwide in 5 years exceeding $1.4B in sales. Integrated the 12 Basset Book Shop locations into Borders stores in the first year. Achieved sales and profit plans every year.Supervised the creation of an infrastructure to handle rapid store growth including; store controls, store opening procedures, and the development of a store communications and operations department. Introduced audit and loss prevention functions. Led innovation in bookselling by adding a multimedia assortment and a café.
  • Borders
    Vice President, Specialty Division, Walden Book Co.
    Borders 1992 - 1994
    Developed and implemented a superstore concept necessary to grow this mature company, opening 12 superstores in 12 months. Leveraged the Walden Book organization to launch a separate growth division.
  • Barnes & Noble
    Director Of Stores
    Barnes & Noble 1991 - 1992
    Supervised store operations for entire Barnes & Noble retail division. Introduced new superstore concept and converted existing Barnes & Noble small format bookstores and B. Dalton stores to the superstore format. Designed a marketing plan to integrate 50 existing stores into the superstore strategy. Assumed responsibility for a November/December, 1990 -5.8% comparative store sales trend and improved the comparative sales to +1.1% by end of fiscal year.
  • Barnes & Noble
    Regional Director, B. Dalton Bookseller
    Barnes & Noble 1989 - 1991
    Established and supervised an operations department responsible for all aspects of field support and communication. Managed the turnaround of the Northeast region after the acquisition of B. Dalton Bookseller by Barnes & Noble, Inc. Improved comparative store sales in 150 stores 8.8% and net income from 3.01% to 3.75% - a dollar increase of 34.4% to $5.9M. Implemented a loss prevention program that reduced shrink by 55%.
  • Cvs
    Store Manager, District Sales Manager, Region Manager, Area Manager
    Cvs 1976 - 1989
    As Area Manager for seven states, increased area sales 19.7% to $350M and grew net income from 3.8% to 4.4% - a dollar increase of 39.6% to $15.5M. Designed and implemented a computerized store budgeting system which improved accuracy, provided detailed information, reduced field supervisory time by 2,500 hours and reduced payroll in 750 stores by $2.5M. Acquired and integrated over 20 independent pharmacies and three chains ranging in size from 10 to 40 stores to the CVS brand and the local communities. Established prototypes for the 24 hour convenience model that included a food and sundries offering.
  • W.T. Grant Company
    Store Manager, District Sales Manager, Region Manager, Area Manager
    W.T. Grant Company 1970 - 1976
    Introduced to the company through a college summer internship program; Upon graduation, entered a one year store based accelerated training program that included one day a week of classroom trainingIn 1974, became the youngest store manager in the 1,000+ mass market retailerPromoted to a higher volume store manager position in 1975

Vin Altruda Skills

Organizational Leadership Sales Operations Team Building Professional Mentoring Communication Profit And Loss Management Revenue And Profit Growth Business Turn Arounds New Store Development Store Design Customer Service Customer Experience Customer Retention Retail Leadership Management Strategic Planning Strategy

Vin Altruda Education Details

Frequently Asked Questions about Vin Altruda

What company does Vin Altruda work for?

Vin Altruda works for Espresso Royale

What is Vin Altruda's role at the current company?

Vin Altruda's current role is CEO Espresso Royale • Dynamic Retail Executive • Inspirational Team Builder • Interim Leader • Growth Strategist.

What is Vin Altruda's email address?

Vin Altruda's email address is va****@****ail.com

What is Vin Altruda's direct phone number?

Vin Altruda's direct phone number is +173432*****

What schools did Vin Altruda attend?

Vin Altruda attended Providence College.

What skills is Vin Altruda known for?

Vin Altruda has skills like Organizational Leadership, Sales Operations, Team Building, Professional Mentoring, Communication, Profit And Loss Management, Revenue And Profit Growth, Business Turn Arounds, New Store Development, Store Design, Customer Service, Customer Experience.

Who are Vin Altruda's colleagues?

Vin Altruda's colleagues are Jacqueline Moreno, Janjay Knowlden, John Arends, Sophia Florek Carlson, Ethan Osmundson, Emily Dailey, Jeffrey Dout.

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