Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Total Wine CEO Shares Secret to Growth and Success - Troy Rice

Total Wine CEO Shares Secret to Growth and Success - Troy Rice

FromLead the Team (Top 2% of Podcasts)


Total Wine CEO Shares Secret to Growth and Success - Troy Rice

FromLead the Team (Top 2% of Podcasts)

ratings:
Length:
41 minutes
Released:
May 22, 2023
Format:
Podcast episode

Description

Total Wine & More has grown into the country‘s largest independent retailer of fine wine. CEO Troy Rice shares the core trait he seeks to instill in every employee and that he’s also seen emulated by his personal mentors, legendary Home Depot Founders Bernie Marcus and Arthur Blank.Once you hear Troy’s story, you’ll double down to make sure to foster this key trait in yourself and your team. He shares how it improves productivity, process, and the customer experience!????? ???? & ???? ?? ???????‘? ???? ??????????®—was founded in 1991 when brothers David and Robert Trone opened their first wine store in Delaware. Now they’ve grown to 249 stores across 27 states and continue to open on average 15 stores each year!Their typical store carries more than 8,000 world-class wines from every wine-producing region in the world. In addition, Total Wine & More carries more than 2,500 beers, from America‘s most popular beers to hard-to-find microbrews and imports, and more than 3,000 different spirits from every price range and category. Troy joined them in 2017 as Chief Stores Officer. During his tenure, he led the Stores Organization to achieve significant milestones, including:Leading the stores team through the pandemic. Rapidly innovating processes to enable the digital business. Developing talent to fuel growth. Supporting real estate initiatives with new stores and an extensive modernization plan. Driving laser focus on the customer experience.Prior to joining Total Wine, Troy held senior leadership positions with Office Depot, Toys R Us and The Home Depot. At Office Depot, as COO and President of Retail he led the retail merger of Office Depot and Office Max. At Toys R Us, as EVP of Stores and Services he led their omni-channel efforts and was an early adopter of many of the services retailers practice today. Troy spent 16 years with The Home Depot beginning as a manager trainee when they had 135 stores and he held roles of increasing responsibility culminating with the role of Division President, Northern Division with over 600 stores and $24B in revenue. Troy grew up in retail working at his father’s grocery store where the values of customer service, teamwork, and work ethic were instilled in him at an early age.LinkedIn Profile https://www.linkedin.com/in/troy-rice-b78aaa1/Company Link: https://www.totalwine.com/What You’ll Discover in this Episode:From railroad to retail executive: An inspiring career journey.A deeper look at why retail has him hooked for life.Inside the first Home Depot Leadership Program: A career-changing experience.Leadership lessons from legends: Learning from Bernie Marcus and Arthur Blank (Founders of Home Depot).The personal motto that guided his career success.A work-life balance strategy.Parenting and business: When to talk to your children about your career.Pandemic pivot: How Total Wine's strategic shift led to accelerated success.What beverage should you serve at a Board dinner?Who founded the Cosmo?-----Connect with the Host, #1 bestselling author Ben FanningSpeaking and Training inquiresSubscribe to my Youtube channel
Released:
May 22, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to Lead the Team. This podcast is for you if you'd like to motivate your direct reports, cultivate your top leaders, and accelerate your career. You'll discover the success strategies of the world's most innovate leaders where I dive into their keys to success and hard-earned, costly lessons. I host guests like legendary Honeywell CEO, David Cote and CEO of Dunkin Brands, Nigel Travis. As well as executives from companies you know like SAP, US Golf Association, Lockheed Martin. Dell, IBM, Dollar General, and Beyond Meat. Also, you hear from a variety of executives including those of smaller, rapidly growing companies that you won't hear anywhere else. You'll walk away with success strategies, hacks, and tools to lead in both your personal and professional life. My goal is to impact 1 million leaders who then transform the workplace to a more positive place to work and thrive. You're in this for effectiveness, productivity, work-life balance, and job promotion! This is not for you if you want to maintain the status quo, do business as usual, or operate your life and career on "cruise control." It's time to LEAD THE TEAM! Ben Fanning #1 bestselling author and corporate trainer ------------- Join us by subscribing now! Your host is Ben Fanning, #1 bestselling author and in-demand corporate trainer of The Fanning Group - an International Consultancy and Training Company. https://www.benfanning.com/ https://www.linkedin.com/in/benfanning/ https://twitter.com/BenFanning1 https://www.instagram.com/benfanning1/