HAMBURG, Germany and GREEN BAY, Wis.—The Fielmann Group, a global eyewear provider, has announced that it has entered into a definitive agreement in which its U.S. subsidiary, Fielmann USA, will acquire 100 percent equity ownership in Shopko Optical, an optical retailer based in Green Bay, Wis., from Monarch Alternative Capital LP. The transaction is expected to close in the third quarter of this year, the group said, subject to customary closing conditions and regulatory approvals. Shopko Optical operates more than 140 stores across 13 states and generated $168 million in sales in 2023, according to the announcement. Read More