Tuesday, April 6, 2021 12:24 AM
is expanding its national footprint with the opening this week of its first store in Tennessee. The 3,500-square-foot store in Jackson marks the retailer's 230th location across 42 states. The value optical retailer was founded in 1990, and as of last October it is owned jointly by the investment groups Leonard Green & Partners
and FFL Partners, along with the founding Barnes family.
Wednesday, March 31, 2021 12:15 AM
NEW YORK—Consumer preferences are constantly changing, but there’s one preference that has been steadily rising in popularity over the years: sustainability. According to a new report from Capgemini Research
, nearly 80 percent of consumers want to be able to make a difference in saving the planet for future generations.
Monday, March 29, 2021 12:15 AM
NEW YORK—Global Tech Industries Group
, a Nevada-based corporation, said last week that it has signed a binding letter of intent to acquire Bronx Family Eye Care Inc., a New York-based eyecare company engaged in full-scope optometry.
Wednesday, March 24, 2021 12:21 AM
NEW YORK—LION Eye Group
, a network of independent optometry practices on Long Island and greater New York announced it has entered into a non-exclusive clinical affiliation agreement with SightMD
, a fast-growing ophthalmic provider group with more than 30 practice locations in the New York region.
Tuesday, March 23, 2021 2:04 PM
(Euronext: EL) said Tuesday the European Commission has cleared its proposed acquisition of GrandVision
(Euronext: GVNV)—with the condition of some retail divestitures in Europe—after “a long in-depth review largely impacted by consequences of the COVID-19 pandemic.” The clearance is conditioned on the divestment of some optical retail businesses in Belgium, the Netherlands and Italy for an overall number of approximately 350 stores. (Grand Vision operated about 7,250 optical stores worldwide at the end of 2020.)
Tuesday, March 23, 2021 12:15 AM
NEW YORK—Consumer preferences are constantly changing, but there’s one preference that has been steadily rising in popularity over the years: sustainability.
Friday, March 19, 2021 2:37 PM
MONTREAL, Quebec—New Look Vision Group Inc.
(TSX: BCI.TO) said that it has entered into an arrangement agreement to be acquired by NL1 AcquireCo Inc, an entity created by a group composed of funds managed by FFL Partners, LLC
, a San Francisco-based private equity firm, Caisse de dépôt et placement du Québec
(CDPQ), and the Dr. H. Doug Barnes Family. New Look Vision is a leading provider of eyecare products and services across Canada and entered the U.S. in 2020. The company's network of stores totals 406 locations, operating mainly under the New Look Eyewear, Vogue Optical, Greiche & Scaff, Iris and Edward Beiner banners.
Thursday, March 18, 2021 12:18 AM
MOUNT CLEMENS, Mich.—Optical retailer SVS Vision
announced this week that the company is the newest multi-race sponsor of NASCAR driver Gray Gaulding.
Thursday, March 18, 2021 12:15 AM
VANCOUVER—Kits Eyecare Ltd.
(TSX: KITS), a vertically integrated, digital eyecare platform based here, reported this week that it achieved quarterly revenue of $20.3 million, representing organic growth of 60 percent, in the fourth quarter ended Dec. 31, 2020.
Wednesday, March 17, 2021 12:21 AM
, an optometrist-controlled eyecare company, has announced a merger with Family Eyecare
, which is located along the busy Edmonton-Calgary corridor in Central Alberta.
Wednesday, March 17, 2021 12:15 AM
SAN FRANCISCO—JINS Eyewear
, a leading eyewear brand and retail company across Japan and Asia, opened its sixth store in the U.S. earlier this month in San Mateo, Calif. It’s the third JINS location in the Bay Area of San Francisco, according to the company’s announcement. “Despite these tough times during the pandemic, JINS wants to expand its services to more communities in the Bay Area and is happy to be a part of the San Mateo community,” the company said in its announcement.
Monday, March 15, 2021 12:18 AM
LOUISVILLE, Ky.—Kenmark Eyewear
has announced it is once again partnering with the National Forest Foundation
on its 50 Million for Our Forests tree planting campaign. This is the second year Kenmark has partnered with the NFF on this campaign. In 2020, VM reported
that Kenmark and the NFF partnered to celebrate Earth Day. The goal of the campaign is to plant 50 million trees and invest in healthy forests for today and for future generations.