Thursday, November 21, 2019 2:34 PM
WASHINGTON—Retailers are preparing for one of the busiest shopping weekends of the year with an estimated 165.3 million people likely to shop Thanksgiving Day through Cyber Monday, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
“The tradition of Thanksgiving weekend holiday shopping has become a five-day event with consumers spending money in stores, supporting local small businesses, and online with their mobile devices and computers,” NRF president and CEO Matthew Shay said. “Even as people are starting to purchase gifts earlier in the season, consumers still enjoy finding good Thanksgiving deals and passing time shopping with family and friends over the long holiday weekend.”
Throughout the course of the holiday weekend, 39.6 million consumers are considering shopping on Thanksgiving Day, 114.6 million on Black Friday, 66.6 million on Small Business Saturday and 33.3 million on Sunday. The shopping weekend will wrap up on Cyber Monday, when 68.7 million are expected to take advantage of online bargains. Click here
to read the full story from the National Retail Federation.
Thursday, November 21, 2019 2:10 PM
NEW YORK – It’s beginning to look like 2020 will be the year of the Great Streaming Wars, as the number of companies that now offer video streaming services to consumers continues to grow.
Over the next few months at least a half-dozen companies will attempt to stake a claim on household entertainment budgets with unique streaming offers. But there may be a threshold for how many subscriptions consumers are willing to support, or at least for how much they’re willing to pay, according to a recent YouGov survey
Just over half (56 percent) of America already subscribes to between one and three services, according to YouGov data, and the research firm predicts that about a quarter (26 percent) of Americans seem ready to add a new subscription.
That number goes up when looking at current cord cutters, or those who already have moved to use streaming services instead of a cable or satellite provider for video. A large portion (40 percent) of this group say they are somewhat or very likely to subscribe to more services.
Thursday, November 21, 2019 12:27 AM
(SIX/NYSE:ALC) reported third-quarter financial results showing a 6 percent sales increase (at constant currency) for the period ended Sept. 30 and also announced a plan for “a multi-year transformation program” designed to reorganize and reinvest savings into “strategic growth initiatives supporting long-term financial goals.” The company also noted its successful recent U.S. launches of PanOptix and Precision1 contact lenses. For the third quarter, worldwide sales rose 4 percent on a reported basis to $1.8 billion.
Thursday, November 21, 2019 12:25 AM
As part of their mobilization around World Sight Day 2019, Michelin and Essilor have signed a 2-year collaboration through a Memorandum of Understanding. The collaboration aims to widely reach the public and raise awareness on the importance of good vision on the road.
Wednesday, November 20, 2019 4:01 PM
A majority of Americans believe their online and offline activities are being tracked and monitored by companies and the government with some regularity. It is such a common condition of modern life that roughly six-in-ten U.S. adults say they do not think it is possible to go through daily life without having data collected about them by companies or the government, according to a recent feature from Pew Research Center.
Data-driven products and services are often marketed with the potential to save users time and money or even lead to better health
and well-being. Still, large shares of U.S. adults are not convinced they benefit from this system of widespread data gathering. Some 81% of the public say that the potential risks they face because of data collection by companies outweigh the benefits, and 66% say the same about government data collection. Click here
to read the full story.
Wednesday, November 20, 2019 12:25 AM
In their effort to protect the environment, the Italian Government has introduced new rules for optical frame manufacturers in Italy. The laws were passed in April 2019 and every manufacturer in Italy has to comply with them. This is having a major impact on the eyewear industry.
Tuesday, November 19, 2019 11:23 AM
A new whitepaper by Juniper Research
, “New Technologies Empowering Seamless Eretail,” notes that the retail market has undergone a radical transformation which has been driven by an increasing focus on consumers. Indeed, shoppers are now everywhere: in stores, online or both at the same time by checking the latest deals on their smartphones or tablets. This has put a crucial emphasis on customer convenience; forcing retailers, both in store and online, to offer more seamless and frictionless shopping experiences coupled with omnichannel payments. According to Juniper Research, by the end of 2019, eCommerce will have a significant role to play with 44 percent of the global population purchasing physical goods and 27 percent purchasing digital goods sales.
Tuesday, November 19, 2019 12:25 AM
From November 13 to 24, the prestigious Casa dei Tre Oci will host, inside the Sale De Maria, the photographic exhibition #VeneziaAllOpera, a project that shows 14 historical realities of the Venetian craft tradition through the eyes of two young talents: Giovanni Genzini and Alberto Papagni. The exhibition is promoted by Lozza, the historic eyewear brand of De Rigo Group.
Tuesday, November 19, 2019 12:21 AM
NEW YORK—Authentic Brands Group
and Electric Visual Evolution
have announced a global partnership for Volcom
eyewear. Under the agreement, Electric will design, develop, produce and distribute both eyewear and snow goggles for the lifestyle brand. The first collection of Volcom Eyewear will debut in 2020 at Volcom stores, key departments stores and action sports specialty accounts worldwide, as well as online on Volcom.com. A company spokesperson told VMail that the collection will include prescription sunglasses, but there are no plans for optical channel distribution or optical frames at the moment. Southern California born, Volcom’s lifestyle brand is rooted in art, music, film and board sports.
Monday, November 18, 2019 2:56 PM
: the trends that have captured the mindshare, and wallets, of U.S. women are inching their way into the world of men’s grooming, according to a recent post
by Stella Rising blogger Elizabeth Timmis
, nearly half of men feel that self-care fuels their overall well-being, and the growth in their personal care products exemplifies that. This industry is expected to increase 7 percent through 2023, with skincare and haircare flourishing in particular.
Monday, November 18, 2019 12:30 AM
NEW YORK—The healthcare industry is being shaken by powerful forces that are creating new forms of competition and transforming patients into consumers who are seeking pathways to wellness that offer convenience, affordability and personalized care. New market leaders are emerging, and established brands are reinventing themselves with fresh approaches and enhanced customer experiences. Doctor-patient relationships are being redefined. How will these transformative changes impact vision care providers and payors? Suppliers? VM’s 14th annual Global Leadership Summit will explore these and other pivotal questions as part of its program, “The Future of Healthcare: Beyond 2020.” Thought leaders and influential thinkers will share their visions of healthcare’s future and discuss how the optical industry can play a broader, more significant role in it. Attendees will take away actionable ideas and practical strategies that will help them compete in today’s consumer-centric business environment.