Visionworks Says New Advertising Campaign Positions the Company for New Growth

By Staff
Tuesday, July 16, 2019 12:21 AM SAN ANTONIO, Texas—Visionworks has launched a new brand campaign, “See the Difference," that the optical retail company said will position it for a “new phase of growth.” The campaign is designed to introduce audiences “to a comedic cast of villainous eyecare executives intent on making the industry as complex as possible,” Visionworks said in its announcement on Monday. The multimedia effort also is intended to show audiences that "eyecare really doesn't have to be that difficult," the announcement noted.

U.S. To Hold Off Implementation of China 201 List 4 Tariffs; China and U.S. to Resume Trade Negotiations

By Staff
Tuesday, July 2, 2019 12:18 AM
ALEXANDRIA, Va.—As the Group of 20 Nations (“G20”) Summit concluded on June 29, President Trump announced that the U.S. would hold off at this time from assessing additional customs duties on the remaining $300 billion in Chinese imports. Instead, the U.S. and China agreed to restart talks toward achieving a negotiated settlement to the ongoing trade war between the two countries. In addition, President Trump announced at the G20 that the ban imposed last month by the U.S. Department of Commerce on Chinese tech giant Huawei would be lifted so that U.S. companies can continue to sell to it, a significant concession to China.

VSP Global Enters Into Definitive Agreement to Acquire Visionworks

By Staff
Thursday, June 27, 2019 10:15 AM RANCHO CORDOVA, Calif.—VSP Global announced today that it has entered into a definitive agreement to acquire San Antonio, Texas-based Visionworks, subject to completion of regulatory approval. With a footprint of more than 700 stores in nearly 40 states, the Visionworks acquisition will be the single largest VSP network investment in the company’s 65-year history, the company said. “This transaction is highly complementary to our business and marks a significant leap forward in continuing to fulfill our vision to provide access to affordable, high-quality eyecare and eyewear to more people,” said Michael Guyette, president and CEO of VSP Global. “With expanded nationwide access, we’ll provide our clients and members with an option for a more substantial, consistent and sustainable retail experience, further enhanced by the professional care of VSP network doctors.”

VSP Global Opens Its First Two Eyeconic Brick-and-Mortar Stores in Chicago

By Staff
Wednesday, June 26, 2019 12:27 AM RANCHO CORDOVA, Calif.—VSP Global enters brick-and-mortar retailing today with the opening of the company’s first two Eyeconic stores in the country, located in the Chicago market. The Bucktown location has had a soft opening since mid-June and will have a grand opening on June 29, while the second will be in Fulton Market opening on July 13 , the company said. In an interview with VMAIL, Bill Vaughan, president of VSP Retail, described some of the thinking and planning that went into creating the digital and merchandising features of the new locations.

Acuity Eyecare Group Acquires Carlsson Family Eye Center Near Phoenix

By Staff
Tuesday, June 25, 2019 12:21 AM DALLAS—Riata Capital Group reported that its portfolio company Acuity Eyecare Group  has acquired Carlsson Family Eye Center, a single-location practice based in Gilbert, Ariz., a town about 25 miles southeast of Phoenix. The terms of the deal were not disclosed. Acuity, which was formed in 2017 owns and operates 108 eyecare practice locations across eight states under 10 different local brands following its most recent acquisition. In addition, the firm operates a large, full-service digital lab operation. The firm previously this month reported that it had closed on three separate acquisitions, as VMAIL reported.

FYidoctors Adds Another Location in Ontario, While Visique Unit Also Adds a Practice in Gaspe, Canada

By Staff
Wednesday, May 1, 2019 12:21 AM MISSISSAUGA,  Ontario—FYidoctors, an optometrist-owned eyecare company, announced that Dr. Dianne Powell & Associates Optometrist are joining the FYidoctors organization. This marks the second clinic acquisition in Mississauga in April and adds to the growing presence of FYidoctors clinics in Ontario, according to an announcement this week. “Every decision we make as a clinic is done with the best interest of our patients in mind,” Powell said in the announcement. “By joining the FYidoctors family, we have done just that and are thrilled to work with a company that values patients over products and is committed to the long-term health and well-being of them.”

Costa Invites Industry to Join its Initiative to Combat Plastic Lens Waste

By Staff
Wednesday, April 17, 2019 2:45 PM DAYTONA BEACH, Fla.—In an effort to address the estimated 420 million plastic lenses (including new purchases and redos) disposed by the optical industry every two years, Costa launched an ambitious new plan, paving the way for eyecare professionals and the optical industry to tackle the problem, according to the company. The Kick Plastic Lens Recycling Program, announced last month at Vision Expo East, is an innovative program that encourages eyecare professionals to collect, recycle and repurpose plastic lenses from optical frames or sunglasses.

Protecting the oceans it calls home is one of Costa’s main brand values, and it inspired the company’s larger Kick Plastic initiative to raise awareness for how waste from single-use plastic pollutes the oceans. Plastic is the number one trash produced globally and takes over 400 years to decompose.

Costa has partnered with Piedmont Plastics to implement the first-ever program to recycle optical plastic lens waste and repurpose into a variety of products, such as: safety glasses, motorcycle helmet shields and scuba masks to name a few. Two Piedmont Plastics locations are participating at this time: Piedmont Plastics – West, 17000 Valley View Ave., La Mirada, Calif. 90638 and Piedmont Plastics – East, 2175, Mason Ave., Daytona Beach, Fla. 32117.

ECPs who are interested in being part of the movement to address plastic pollution can become a Costa Kick Plastic Ambassador. In return for their support, they will receive a special designation as a Kick Plastic Ambassador on the Costa dealer locator website as well as Kick Plastic water bottles for their staff and communication materials to encourage patients to join the movement and #kickplastic. Contact Costa at lensrecycle@costadelmar.com for more information.

Just after the show, Costa told Vision Monday, “We’ve been overwhelmed and gratified by the post-launch success of the program. We had an additional 50 ECPs sign up to be Kick Plastic Ambassadors, nearly doubling our prior participation—signaling the industry’s interest in resources that help them with sustainability.”

“For 35 years, Costa has been committed to making great sunglasses and protecting the water we love. Working together across the optical industry to create sustainable solutions that help protect our planet and address plastic pollution is a priority for us,” said Holly Rush, CEO, Costa.

“Our lens recycling program is a tangible way we can all work together to create meaningful change—our goal is to onboard 1,000 practices in year 1, which will allow us to recycle and repurpose over 50 tons of plastic lenses. Costa is the first in the industry to invest in and offer a program like this available to everyone—paving the way for future initiatives and increased sustainability for the optical industry as a whole,” Rush said.

Costa was honored by the industry via the Vision Monday and 20/20 EyeVote program as the leader in the 2017 Social Purpose: Company and 2018 and 2017 Social Purpose: Brand categories. Costa utilizes bio-based, eco-friendly resin in most of its nylon sunglasses and optical frames, greatly reducing their emissions and overall carbon footprint.



Total ECP Names Dr. Ben Gaddie President and Launches New Shared Services Platform

By Staff
Tuesday, February 19, 2019 9:15 AM CINCINNATI—Total Eye Care Partners (Total ECP), a group of medically focused optometry practices founded in 2017 and based here, has named Dr. Ben Gaddie as president of the organization, according to an announcement Tuesday morning. Dr. Gaddie previously served as chief medical officer of Total ECP.

Vision Expo Announces 2019 OPTImum Retail Award Finalists, Voting Now Open

By Staff
Thursday, February 7, 2019 12:24 AM ALEXANDRIA, Va.—Vision Expo has announced the finalists for the second annual OPTImum Retail Award, which celebrates independent boutique retailers by allowing them to showcase their products, stores, visions and stories.

National Vision Opens Fourth Domestic Optical Lab

By Staff
Wednesday, February 6, 2019 12:21 AM DULUTH, Ga.—National Vision Holdings Inc. (NASDAQ: EYE), one of the nation’s largest optical retailers, announced it has expanded its eyeglass production capacity with the opening of its fourth domestic optical lab located in Plano, Texas. This new manufacturing facility joins an already sophisticated lab network consisting of three domestic locations—St. Cloud, Minn.; Salt Lake City, Utah; and Lawrenceville, Ga. The company also noted that it partners with two outsourced, third-party owned international locations in China and Mexico to service consumers’ optical needs.

FYidoctors Adds Another Practice in Southwest Ontario, a ‘Key Market’ for the Company

By Staff
Monday, February 4, 2019 12:15 AM CALGARY, Alberta—FYidoctors, an optometrist-owned eyecare company based here, announced this week that Wharncliffe Optometry, located in London, Ontario, has joined the FYidoctors family of eyecare practices. Wharncliffe Optometry is “a cutting-edge and progressive practice, equipped with a wide range of diagnostic technology, an impressive selection of designer and exclusive label frames,” according to the announcement. Wharncliffe Optometry, with three on-site optometrists, has been providing service to the residents of London, Ontario, for more than 40 years and has plans to renovate in two to three years to further accommodate the growing community, the announcement noted.

GrandVision Reports Preliminary Revenue Growth of 10.3 Percent in Fiscal 2018

By Staff
Thursday, January 24, 2019 12:21 AM SCHIPHOL, the Netherlands—GrandVision NV (EURONEXT: GVNV) this week reported preliminary and unaudited sales results of for its 2018 fiscal year, which noted that total sales rose 7.9 percent in 2018 (compared with 4 percent in 2017) and 3.2 percent in the fourth quarter (compared with 6.1 percent in the same period of 2017). At constant exchange rates, the increase was 10.3 percent in 2018 and 4.4 percent in last year’s fourth quarter, according to the announcement.

Riata Capital Group’s Acuity Eyecare Announces Acquisition of Family Eyecare of Winterset

By Staff
Friday, January 18, 2019 12:21 AM DALLAS—Riata Capital Group said Thursday that its portfolio company Acuity Eyecare Group has acquired Family Eyecare of Winterset, a single location practice based in Winterset, Iowa.

Sears Holdings Agrees to Revised Offer to Avoid Liquidation, According to Reports

By Staff
Wednesday, January 9, 2019 12:18 AM HOFFMAN ESTATES, Ill.—Sears Holdings Corp. reached a last-minute agreement on Tuesday with its chairman and affiliates of his ESL Investments hedge fund that should allow the iconic retailer to avoid liquidation, according to several reports. Sears is considering the new offer from chairman Edward Lampert and his investment funds, but the chairman must officially submit the revised offer, along with a $120 million deposit, by 4 p.m. Wednesday (today) to the New York bankruptcy court, according to the reports.

Transitions Optical Announces 2018 Transitions Innovation Award Finalists

By Staff
Thursday, December 20, 2018 12:27 AM PINELLAS PARK, Fla.—Transitions Optical Inc. has named the finalists for its annual Transitions Innovation Awards, which recognize both individuals and companies for their innovative efforts and programs to support the Transitions brand.