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Some Segments in Optical See Growth Amid a Flat Market, VisionWatch Says

By Staff
Thursday, December 14, 2017 10:30 AM ALEXANDRIA, Va.—The Vision Council has released its quarterly VisionWatch market research reports for the third quarter of 2017, with results indicating that the total vision care industry has generated $40.21 billion in revenue over the last year ending Q3 2017, representing a decrease of 0.1 percent—or over $46.1 million—over the previous year's totals.

2017 Appears to be a Good Year for Most Small Business Owners, Kabbage Survey Finds

By dba Staff
Tuesday, November 28, 2017 2:05 PM ATLANTA—Heading into the final days of 2017, many small business owners (SBOs) are looking happily at their end-of-year forecasts and their expectations that 2017 will easily surpass year-ago revenue totals. Many of these SBOs optimistically foresee a revenue gain of more than 10 percent for 2017, according to a recent survey.

Advertising Forecast Sees Small and Mid-Sized Businesses Raising Ad Spending in 2018

By dba Staff
Wednesday, October 25, 2017 12:10 AM WILLIAMSBURG, Va.—Many small and mid-sized businesses (SMBs) are expected to increase their advertising spend in 2018, with online and local television getting bigger slices of these budgets, according to a new report from Borrell Associates, an advertising and media consulting group based here.

Boston Consulting Group Predicts Revenue Shift Driven by ‘Personalization’

By dba Staff
Wednesday, September 6, 2017 1:10 PM

BOSTON—For those in optical retailing, here’s a worrying prediction from the Boston Consulting Group (BCG): over the next five years in three sectors alone—retail, health care and financial services—“personalization” will drive a revenue shift of an estimated $800 billion to the 15 percent of companies that get personalization right.

Annual Breach Report Shows Hacks of Health Care Providers Skyrocketed in 2016

By dba Staff
Wednesday, May 3, 2017 12:05 PM

AUSTIN, Texas—The 7th Annual Breach Report, an annual review of cybersecurity trends across the Protected Health Information (PHI) data category, reported that there was a 320 percent increase in the number of health care providers victimized by hackers in 2016.

Marketing Executives Invest in Technology That Supports Better Customer Understanding

By dba Staff
Thursday, March 16, 2017 2:05 AM NEW YORK—Retailers and marketers continue to play the technology card as they attempt to bring more efficiency to operations and to boost loyalty among an increasingly fickle customer base.

IRS Sets Earlier W-2 Filing Deadline for All Employers

By Hedley Lawson, Contributing Editor
Wednesday, December 7, 2016 12:05 PM NEW YORK—The Internal Revenue Service (IRS) is reminding employers that the annual deadline for filing copies of employees' Form W-2 with the Social Security Administration (SSA) has been moved to Jan. 31. In the past, employers typically had until the end of February if filing on paper, or the end of March if filing electronically, to submit copies of these forms to the government.

Open Enrollment Tips for Health Care Benefits in 2017

By Staff
Friday, November 18, 2016 10:05 AM NEW YORK—Once a year, company owners, managers and HR pros see the annual Open Enrollment season as an opportunity to personally engage with employees by helping them to make choices that will safeguard their health and financial well-being. Before starting this year’s process, here are a few tips you should review before putting your plans into action.

Harris Poll National Eye C.A.R.E. Study Cites Multi-Screen Lifestyle as Key Factor in Rising Prevalence of Dry Eye

By Staff
Wednesday, November 2, 2016 12:14 AM LEXINGTON, Mass.—The results of a national survey released this week indicate that 89 percent of eyecare professionals believe today’s multi-screen lifestyle (with daily use of mobile, tablet and computer screens) is responsible for an increase in dry eye disease, and that dry eye is becoming increasingly common.

A 6 Percent Increase in Health Care Premiums Expected for 2017

By Hedley Lawson, Contributing Editor
Tuesday, September 27, 2016 10:05 AM

NEW YORK—Health care benefit cost increases at large U.S. employers are expected to hold steady at 6 percent in 2017. The good news is that health premiums are not growing at a faster rate year after year, as they were a decade ago. The bad news is that the increase in health plan costs still outpaces general inflation in the U.S., which remains below 2 percent, and salary budget increases, which are holding at roughly 3 percent.

INFOGRAPHIC: Tired Eyes From Digital Device Use Impacting Consumers

By dba Staff
Friday, July 15, 2016 12:05 PM

NEW YORK—As digital device usage crescendos among adults, many ECPs and vision care companies are sharing information and developing new products designed to help reduce eye fatigue and eye strain caused by this 21st century phenomenon.

Retail Ri$ing: Private Equity Powers Market’s Growth
and Reshuffles VM’s Ranking

By dba Staff
Wednesday, May 18, 2016 10:00 AM

NEW YORK—The Top 50 U.S. Optical Retailers achieved record collective sales of over $12 billion for calendar year 2015, according to Vision Monday’s estimates. The dollars reflect a respectable sales performance for most of the year, and include revenues from the retail sales of products, eyecare services and, when applicable, a small percentage of online sales.

What Drives Your Patients’ Decisions About Sunglasses?

By dba Staff
Wednesday, May 11, 2016 2:10 PM PINELLAS PARK, Fla.—Research from the inaugural Transitions Adaptive Sunglasses Selection Survey finds that nearly nine in 10 consumers (87 percent) take steps that disrupt sun protection in order to combat varying light throughout the day.

Total U.S. Vision Care Market Revenues Reached $39.8 Billion in 2015

By dba Staff
Wednesday, March 16, 2016 9:05 AM

The latest numbers from The Vision Council’s VisionWatch survey, the largest continuous survey of consumer purchasing attitudes toward eyewear and eyecare, reflects that the overall vision care market grew 5.8 percent in dollars for the 12 months ending December, 2015 compared to the prior year.

Understanding ‘Net Promoter Scores’ – Customer Loyalty Is Tied to CX

By dba Staff
Thursday, March 3, 2016 1:15 PM Thousands of companies and brands, large and small, have been able to tap into what’s become known as The Ultimate Question: Would you recommend this business to a friend?