Registration Now Open for Vision Expo West 2022

By Staff
Friday, July 1, 2022 11:17 AM Registration is now open for Vision Expo West, taking place September 14-17, 2022 in Las Vegas at the Venetian Expo & Convention Center. The show organizers, The Vision Council and RX, are planning a robust Show experience, including diverse Show Floor neighborhoods, the return of the Suites, engaging programming and events and a completely new education program.

Inflation and War in Ukraine Push Gas Prices to Record Levels

By Staff
Friday, July 1, 2022 10:00 AM Americans are feeling more pain at the pumps as gas prices continue to soar in the wake of inflation. Over the past year, gas prices have risen more than 60 percent for all formulations. This week gas prices hit a record $5 in parts of the country for the first time in history.

A report by the US Energy Information Administration noted that prices are particularly high in cities on the West Coast where prices have reached $6.27 in California and $6.38 in San Francisco. The lowest prices remain along the Gulf Coast in states like Florida and Texas.

The White House also took steps to release a more energy efficient fuel this summer. E15 gasoline uses 15 percent ethanol blend and is designed to save drivers up to 10 percent at the pumps.

De Rigo Rem Announces New Hire, Promotions

By Staff
Friday, July 1, 2022 12:18 AM LOS ANGELES—De Rigo Rem has announced the promotion of two existing members of the team as well as the addition of a new public relations director.

EssilorLuxottica: Milleri Will Serve as President Until the End of His Term

By Staff
Thursday, June 30, 2022 2:20 PM EssilorLuxottica’s Board of Directors paid homage to chairman, Leonardo Del Vecchio, who passed away peacefully earlier this week. He will forever be remembered for his values, robust leadership, passion, exceptional character as well as his dedication toward the company and its employees. During the meeting, the Board of Directors appointed Francesco Milleri as its new chairman for the remaining duration of his mandate.

The National Average for Gross Revenue at ECP Locations Increased for the Week of June 20-26, Jobson’s Latest Practice Performance Tracker Shows

By Staff
Thursday, June 30, 2022 12:30 AM NEW YORK—The national average for gross revenue at ECP locations increased last week, June 20-26, at a rate of 3 index points. That places gross revenue at a level 7 index points above where it was at this point in time, Week 26, when compared with last year, 3 points above Week 26 of 2020, and 9 points above 2019, according to Jobson’s most recent Practice Performance Tracker. All optical sales categories increased last week when compared with the previous week, ranging from 3 index points for gross revenue, exams/refractions and lens pairs to 1 index point for contact lenses.

Inspecs Group Reports Final Fiscal 2021 Financial Results

By Staff
Thursday, June 30, 2022 12:21 AM BATH, England—Inspecs Group plc (LSE: SPEC), a leading designer, manufacturer and distributor of eyewear, including sunglasses, optical frames and lenses, announced its final results for fiscal 2021, the 12 months ending Dec. 31.

Barton Perreira Opens Fifth Store in NYC's Meatpacking District

By Staff
Thursday, June 30, 2022 12:18 AM NEW YORK—Barton Perreira is opening its fifth storefront in the Meatpacking District in Manhattan. The area is home to multiple designer clothing and accessories stores and stylish restaurants.

GlassesUSA.com Partners With Bringing Life to the World to Provide Sight to Hundreds of People in Nepal

By Staff
Thursday, June 30, 2022 12:15 AM NEW YORK—GlassesUSA.com, the online eyeglass retailer, has partnered with Bringing Life to the World, a delegation of top physicians, as part of a new humanitarian effort, to bring both sight and medical assistance to developing countries all around the world. This pioneering medical effort kicked off in Nepal, where doctors from world renowned global medical centers were aimed at providing high quality lifesaving medical care, including vision care, to people who need it the most.

Marcolin Is the First Manufacturer in the Industry to Obtain ISO 13485:2016 Certification

By Staff
Wednesday, June 29, 2022 1:45 PM The ISO 13485:2016 certification regulates, at the international level, quality management systems regarding medical devices. The certification is valid for three years and was granted by DNV. Marcolin is the first player in the industry—among manufacturers—to have received this certification.

Researchers Link Vision Loss to Mental Health Problems

By Staff
Wednesday, June 29, 2022 12:27 PM The impact of vision loss appears to extend beyond being able to see the world around you. Scientists have found there is also a direct correlation between vision loss and poor mental health. A study, led by Sightsavers, recently published in the Royal Society of Tropical Medicine and Hygiene’s International Health found that blind people over the age of 50 were four times more likely to have symptoms of anxiety and depression than those without vision impairment. 

People with severe vision impairment were three times as likely to report mental health concerns as those with moderate vision loss. 

The study also reviewed how age and gender determined the likely look of developing mental health issues in tandem with vision loss. The results found that self-reported symptoms of anxiety and/or depression are more than four times higher among men with severe visual impairment or blindness and more likely as men age, compared to women with the same levels of vision loss. 

The chart above shows statistically significant gender differences between blindness and symptoms of anxiety and/or depression, which increased with age. In other words, older men who were blind were more likely to experience moderate to severe symptoms compared with blind women of a similar age.

Walmart to Acquire AR Optical Tech Company Memomi for Virtual Try-On and Contact-Free Digital Measurements

By Staff
Wednesday, June 29, 2022 8:03 AM Walmart to acquire Memomi, Jobson Quarterly ECPulse Survey monitors business trends for ECPs, EssilorLuxottica Board of Directors appoints new chairman, Leonardo Del Vecchio passes away at 87 and Schneider unveils Modulo One at Digicon Conference all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.

Walmart to Acquire AR Optical Tech Company Memomi for Virtual Try-On and Contact-Free Digital Measurements

By Staff
Wednesday, June 29, 2022 8:00 AM BENTONVILLE, Ark.—Walmart and Memomi, an AR optical tech company, announced they have entered into an agreement for Walmart to acquire Memomi. This reinforces Walmart’s commitment to frictionless and omnichannel optical care, the company said. Since 2019, Memomi has enabled digital measurements for all Walmart and Sam’s Optical customers, across more than 2,800 Walmart Vision Centers and 550 Sam’s Clubs, and also powers the optical e-commerce experience on SamsClub.com. The announcement said, "Acquiring Memomi, an AR company, is the next step in Walmart’s journey of offering personalized, affordable access to optical care.

VM's 2022 Top 50 U.S. Optical Retailers Report: Recovery and Recalibration

By Marge Axelrad and Mark Tosh
Wednesday, June 29, 2022 1:00 AM NEW YORK—After the shock of the 2020 pandemic and the slow build back to some semblance of stability by the end of that year, the leading U.S. optical retailers and companies, both national and regional groups, came back in 2021 with a solid mid-to-high double digit performance overall. While the 2020 year was characterized as working past store and office closures to “craft a comeback,” as VM noted in our 2021 Top 50, the 12 months of 2021 were marked by tightening up operations, accelerating new digital technologies to power operations and to demonstrate new ideas to consumers and patients. Companies reconsidered initiatives like more online sales choices or remote eyecare.

A 2021 Sales Comeback, Combined With Acquisitions and New Entrants, Shape VM’s 2022 Top 50

By Marge Axelrad and Mark Tosh
Wednesday, June 29, 2022 12:59 AM NEW YORK—In contrast to the harrowing year that was 2020, when the COVID-19 pandemic shook the world and forced many stores to close in the U.S for many weeks, the 2021 business year saw a comeback for the U.S.’s Top 50 Optical Retailers and groups, Vision Monday has learned. Based on submissions from companies as well as VM’s own estimates, the collective Top 50 Retailers’ sales for the 12 months ending 2021 ended up higher by some 21 percent from the previous year.