Charmant Group Celebrates 2019 at National Sales Meeting

By Staff
Friday, November 22, 2019 12:15 AM MORRIS PLAINS, N.J.—Charmant USA held its National Sales Meeting from November 14—17, 2019, at The Westin Riverwalk in San Antonio, Texas. Over the course of the four-day event, the Charmant team, including executives, the nationwide sales force, and guests, celebrated the company’s 2019 achievements and planned for 2020. These celebrations included recognizing Line Art’s 10-year anniversary, Eddie Bauer’s 100th anniversary and ELLE’s 75th anniversary. In addition, vice president of sales, Jean Simone, and Charmant USA president Masakiyo Honjo presented sales achievement awards at the event.

Vision Source’s John McCall Appointed to the University of Houston’s Board of Regents

By Staff
Monday, November 18, 2019 12:24 AM
KINGWOOD, Texas—Texas Gov. Greg Abbott has appointed Vision Source’s John McCall, OD, to the University of Houston System Board of Regents.

National Vision Reports Double-Digit Sales Increase for Third Quarter and Raises Fiscal 2019 Outlook

By Staff
Friday, November 8, 2019 12:27 AM DULUTH, Ga.—Marking its 71st consecutive quarter of comparable-store sales growth, National Vision Holdings Inc. (NASDAQ: EYE) reported Thursday that its net revenue increased 11.5 percent to $431.9 million in the third quarter, driven in part by adjusted comparable-store sales growth of 6.2 percent (5.7 percent non-adjusted) in the quarter. Net income totaled $1.2 million in the quarter, which compares with net income of $5.2 million in the year-ago period. However, adjusted net income increased 65.8 percent to $14.5 million, compared with $8.7 million in last year’s third quarter.

FYidoctors | Visique Expansion Continues With Acquisition of 22-Location Grimard Optique of Quebec

By Staff
Friday, November 8, 2019 12:24 AM CALGARY, Alberta—FYidoctors | Visique, an optometrist-owned eyecare company based here, announced Thursday that it has acquired Grimard Optique, a Quebec-based vision care and retail chain with 22 locations. Grimard has been serving Canadians for more than 39 years, with the majority of its locations in Quebec and others in Manitoba, New Brunswick and Nova Scotia, according to the announcement. The terms of the deal were not disclosed. Grimard Optique employs 148 staff members (including more than 45 optometrists and 40 opticians) who are “dedicated to providing optimal quality eyecare to its patients and are excited to continue doing so,” the announcement noted.

Eyemart Express Honors Veterans and Military Personnel With Discount Program and Expands VFW Partnership

By Staff
Thursday, November 7, 2019 12:21 AM DALLAS—In recognition of Veterans Day, Eyemart Express announced this week that it will honor veterans, active- and non-active duty military personnel and their families with a nationwide discount program. Through Nov. 16, all individuals who have served the United States and their families will receive 20 percent off prescription eyewear purchases when they visit an Eyemart Express store, the announcement noted. In addition, in an effort to better serve the veteran community, Eyemart Express said it has expanded its relationship with the Veterans of Foreign Wars (VFW), the nation's largest nonprofit veterans' service organization, as its exclusive vision care partner. VFW members and their families receive a 20 percent discount on eyewear purchases year-round..

Vision Source Says Recent Online Member Event Is Largest in its History With 27 Participating Vendor Booths

By Staff
Tuesday, October 29, 2019 12:24 AM
KINGWOOD, Texas—Vision Source said its online Virtual Exchange set records in member attendance and participation, volume of purchases and total proceeds over its recent seven-day run, which ended in late September, according to an announcement Monday. Initiated in 2016, the Virtual Exchange brings Vision Source optometrist members and vendors together in a virtual event that has been tremendously successful for all involved, Vision Source said. Members can buy top-tier equipment and optical products at discounted prices while vendors are able to generate significant revenue in a highly efficient manner. The event has grown every year since inception, Vision Source noted. Next year's event is expected to be held in the September/October time period, but the exact dates have not yet been determined, a spokeswoman told VMAIL

Moscot Opens First West Coast Boutique in Los Angeles

By Staff
Tuesday, October 22, 2019 12:18 AM
LOS ANGELES—Moscot has officially opened its first-ever American based shop outside of New York. The new location, which opened on October 17, is an 1,800 sq. ft. space at 7977 Melrose Avenue in Los Angeles, Calif. Moscot Melrose will showcase the full breadth of the Moscot eyewear collection as well as distinct Moscot touches, such as vintage furniture and artifacts from the family archives. Featuring tin in ceilings made in New York, Moscot Melrose is a continuation of the brand’s New York City identity. In addition, Moscot Melrose will feature The Hall of Moscot Moments, an experiential space that showcases the brand’s legacy and roots, as well as a speakeasy room in the rear of the store.

FYidoctors Adds Second Location in St. Catharines, Ontario

By Staff
Friday, October 18, 2019 12:18 AM CALGARY, Alberta—FYidoctors | Visique, an optometrist-owned eyecare company based here, announced that Dr. Viktor Kuraitis and his staff have joined the FYidoctors family. The Dr. Viktor A. Kuraitis, OD, clinic will continue to operate in the same location and to serve its patients with the same quality eyecare experience under the FYidoctors banner, the announcement noted. “Merging my clinic with a company that prides itself with the same values and ethics under which we operate played a major role in the decision,” Kuraitis said in the announcement.

Eyemart Express’ Aggressive Growth Plan to Produce 25 New Locations in 2019

By Staff
Wednesday, October 16, 2019 12:30 AM DALLAS—Eyemart Express, a leading national value optical retailer, expects to open 25 new locations nationwide this year as it expands to four additional states.

EyeCare Partners Acquires Nationwide Vision

By Staff
Wednesday, September 11, 2019 9:15 AM ST. LOUIS—EyeCare Partners, (ECP), the growing network of full scope medical optometry and ophthalmology practices, announced today its acquisition of Nationwide Vision, the leading Arizona-based full service vision care provider. The transaction, just closed, marks the entry of EyeCare Partners into Arizona and strengthens the groups presence in the Florida market as well. Terms of the transaction were not disclosed. Nationwide, headquartered in Chandler, Ariz., operates 8o optometry offices in Arizona and nine in central Florida.

Now Optics Names Team to Lead My Eyelab Franchise Development

By Staff
Tuesday, August 20, 2019 12:21 AM PALM SPRINGS, Fla.—Now Optics, a leading eye health provider under the retail brands Stanton Optical and My Eyelab, has announced a new business team of experienced executives to lead its franchise development. Since launching the franchise business in 2016 under the My Eyelab brand, the company has opened nearly 30 stores and has an additional 65 locations in various stages of operations and development, according to an announcement on Monday.

Texas State Optical Elects Reid Robertson as Chairman of the Board at Annual Conference

By Staff
Tuesday, August 20, 2019 12:18 AM HOUSTON—Texas State Optical, the member-owned cooperative based here, announced last week the results of its recent election of directors and board officers. The positons became effective July 1, the announcement noted. The following TSO board members will serve as the organization's reappointed officers: Dr. Phong Pham of Houston, chair of the vendor relations committee; Dr. Leigha Nielsen of New Braunfels, Texas, chair of the membership committee; Dr. Stephen Stanfield of San Marcos, Texas, chair of the nominations committee; Dr. Jonathan Sher of McKinney, Texas, chair of the professional affairs committee; and outside director and non-shareholder C. Edward Buffington of Rancho Cordova, Calif.

Chinese-Origin Optical Products Are on Updated 10 Percent Tariff Lists Starting Sept. 1 and Dec. 15

By Staff
Wednesday, August 14, 2019 12:24 AM ALEXANDRIA, Va.—Yesterday, the Trump administration set forth two sub-lists of tariff numbers included in the fourth tranche of China 301 tariffs scheduled to go into effect on Sept. 1, 2019 and Dec. 15, 2019. This means that Chinese-origin spectacle lenses, spectacle frames, sunglasses, reading glasses, eyeglasses, safety glasses, goggles and many low vision devices will be subject to an additional 10 percent tariff on those dates, according to an alert The Vision Council sent to its members late yesterday.

Pearle Vision Signs New Area Development Agreement for Central Florida

By Staff
Tuesday, August 13, 2019 12:16 AM MASON, Ohio—Several new Pearle Vision EyeCare Centers are planned to open soon in central Florida, according to a recent company announcement. Licensed owner Kim Dawson will open the first of three EyeCare Centers in the Windermere and Winter Garden areas of Florida in 2020, the announcement noted. Pearle Vision’s area development program grants territories to qualified candidates to develop and open new locations, the company has noted of its franchising program. This type of development program allows for steady and predictable growth in a specific territory with a specific business team.

Highmark Health Cites Strong Sales at Visionworks as Contributor to First-Half Financial Results

By Staff
Friday, August 9, 2019 12:18 AM PITTSBURGH, Pa.—Highmark Health, the second largest integrated health care delivery and financing network in the nation, on Thursday reported first-half financial results showing an excess of revenue over expenses of $629 million and an operating gain of $410 million. The firm credited “strong sales” at its Visionworks optical retail unit, as well as other factors, as contributing to the group's “extended positive financial momentum.” Total consolidated revenues for Highmark Health were $9.2 billion for the first six months of the year, which compared with just under $9.4 billion in the year-ago period, the announcement noted.