Coronavirus BRIEFING
Supported by Essilor

Mulkey: NCAA Basketball Season Goes on Because 'Almighty Dollar' Trumps Health

By Staff
Monday, January 25, 2021 10:18 AM One conference does this, one conference does that. The CDC says this. Everybody is confused. I'm confused. I'm uncomfortable coaching. I understand, COVID is real. I've had it—come talk to me sometime. But I don't know ... all the calls and procedures, that's gonna go on and make it unusual, uncomfortable for every program. We're no different at Baylor.

Hilco Vision Issues Proprietary Study of Frame Materials Compatibility With Sanitization and Cleaning Protocols

By Staff
Monday, January 25, 2021 12:24 AM PLAINVILLE, Mass.—Hilco Vision is releasing today the results of a proprietary and first-of-its-kind study of frame material compatibility with surface cleaners that have environmentally friendly active ingredients.

GrandVision Says COVID-19 Slowed Sales Momentum in Q4, and Notes Continued Support for Deal With EssilorLuxottica

By Staff
Monday, January 25, 2021 12:21 AM SCHIPHOL, the Netherlands—GrandVision NV (EURONEXT: GVNV) reported Friday that despite a “strong revenue recovery in the third quarter,” the impact of a second wave of COVID-19 across its markets dampened the momentum in the final months of 2020.

Pandemic Consumer Trends Might Stick Around

By Staff
Friday, January 22, 2021 12:41 PM COVID-19 has forced us to change our behaviors in more ways than one, including how we shop. Although many of us are hoping to get back to normal as soon as possible, some of the trends we've adopted during the pandemic might just stick around, especially when it comes to consumer behavior. Head over to The Wall Street Journal to learn more. 

Current, Deadly U.S. Coronavirus Surge Has Peaked, Researchers Say

By Staff
Friday, January 22, 2021 10:15 AM Often what we see is a sort of cyclical pattern where things worsen and so people stay home more. They are more vigilant about wearing masks. They skip the restaurants or the get-togethers. But as things improve people relax a little bit and incorporate some of those risky behaviors again and things can again accelerate.

In the Midst of the Pandemic, the Number of Baby Boomers Deciding to Retire Has Increased

By Staff
Friday, January 22, 2021 12:05 AM

NEW YORK—In most years, millions of Baby Boomers retire from the labor force. But in the past year the number of retired Boomers increased more than in prior years, according to a Pew Research Center analysis of monthly labor force data. The recent increase in the share of Boomers who are retired is more pronounced among Hispanic and Asian-American Boomers and those residing in the Northeast.

In the third quarter of 2020, about 28.6 million Baby Boomers—those born between 1946 and 1964—reported that they were out of the labor force due to retirement, according to the Pew Research survey.

This is 3.2 million more Boomers than the 25.4 million who were retired in the same quarter of 2019. Until this year, the overall number of retired Boomers had been growing annually by about 2 million on average since 2011 (the year the oldest Boomer reached age 65), and the largest increase was 2.5 million between the third quarter of 2014 and 2015.

In September, 40 percent of Boomers were retired, up from 39 percent in February. The recent increase in the share of those who have retired has been greater for some demographic groups.

The share of Boomers who have retired differs by educational attainment. Among those with no education beyond high school, the share is up 2 percentage points since February. There has been no change among those with some college education, and for those with a four-year college degree, the share is up 1 point.

The share of Hispanic Boomers reporting they are retired has increased 4 percentage points since February (30 percent to 34 percent). And the retirement rate among Asian Boomers has increased 3 points, from 36 percent to 39 percent. Retirement is up more modestly among White and Black Boomers (1 point for each).

Looking regionally, the movement into retirement appears most prevalent among Boomers residing in the Northeast (35 percent in February and 38 percent in September). 

Don't Beat Yourself Up Over New Year's Resolutions

By Staff
Thursday, January 21, 2021 1:49 PM Now that we're firmly in the second half of January, some of us may be coming to terms with the fact that our New Year's resolutions were a bit too over the top—and that's totally okay. In fact, giving yourself a bit of break might help you achieve those goals in the long run. Head over to NPR to read what some mental health experts have to say about New Year's resolutions and being a little kinder to ourselves overall. 

In Times of Crisis, Americans Binged 'Comfort Food TV'

By Staff
Thursday, January 21, 2021 12:03 PM As people have been confined to their own homes for large parts of 2020, with restaurants, gyms and movie theaters closed and professional sports halted for months, video streaming has emerged as one of the most popular pastimes during the pandemic, according to a recent feature from Statista.com.

And while new, original formats such as Tiger King, The Mandalorian or Ozark tend to make the most waves, both on social media and in streaming platforms’ marketing efforts, consumers were drawn to the familiar in 2020, as real life was already nerve-wrecking enough for many people’s taste. Shows like The Office, Friends or Grey’s Anatomy offer a timeless blend of escapism in stressful times, which is why many people rewatch their favorite TV shows over and over again.

Transitions Premieres ‘The Pulse,’ a Virtual Event for Eyecare Professionals

By Staff
Thursday, January 21, 2021 11:03 AM Transitions Optical is redefining what it means for eyecare industry professionals to gather online through a first of its kind, global virtual event—Transitions The Pulse.

Biden Has a Peloton Bike. That Raises Issues at the White House.

By Staff
Thursday, January 21, 2021 10:15 AM I wasn’t really thinking of him as an energetic young guy, but the fact that he rides his Peloton for exercise means to me that he has more energy than I thought he did.

Answers to the Many Questions Surrounding New PPP Business Loans

By Staff
Wednesday, January 20, 2021 2:21 PM NEW YORK—The federal Paycheck Protection Program offers forgivable loans to small businesses, but it has been changed several times. CO, the U.S. Chamber of Commerce’s helpful resource site, posted “23 Frequently Asked PPP Loan Questions, Answered” on its site last week. The article is posted here.

Women In Optometry’s Pop-Up Poll Questions ODs About Their Vaccine Experience

By Staff
Wednesday, January 20, 2021 2:18 PM So many ODs have already had at least one dose of a COVID-19 vaccine. Women In Optometry’s latest Pop-Up Poll queries ODs about their experience with getting the vaccine. Take the latest poll titled Vaccine Side Effects and answer questions about what your experience with the vaccine has been like. Read More

NRF Says 2020 Holiday Sales Grew 8.3 Percent Despite Pandemic

By Staff
Wednesday, January 20, 2021 11:00 AM WASHINGTON—Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3 percent over the same period in 2019 to $789.4 billion, exceeding the National Retail Federation’s holiday forecast despite the economic challenges of the coronavirus pandemic, NRF said last week. The numbers include online and other non-stores sales, which were up 23.9 percent at $209 billion.