TV Viewers Tend to Multi-Task: Browsing Online While Watching Shows

By Staff
Friday, May 17, 2019 11:28 AM One screen is no longer enough for many adults. This group is most comfortable when multi-tasking with two screens simultaneously. According to a recent report by the research firm CivicScience, 48 percent of U.S. adults say that they are engaging with a second screen (smartphone, tablet or laptop) at the same time they are watching a favorite television show or movie on a standard TV. This compares with 38 percent of adults who say that their devices “are put away” while they watch TV, according to the CivicScience report. The “other” 13 percent either don’t watch TV, don’t own a smartphone, tablet or laptop, or they watch video only on mobile devices, the report found. “While attention appears to be relatively high, when the responses are simplified into those who are engaged with the TV show on the primary screen versus those who are distracted, it becomes clear that almost half of adult respondents (48 percent) are distracted by their second screen,” CivicScience reported. “The percentage of those distracted by unrelated content on apps has increased steadily since 2015.” As a result of this trend, eMarketer has forecast that 180.8 million U.S. adults will be two-screen viewers in 2019—meaning that 70.1 percent of the adult population will use a computer or mobile device to browse online while watching either digital video or traditional TV.

Disruptive Coastal Contacts Founder Re-Enters Eyecare Industry

By Staff
Friday, May 17, 2019 12:25 AM It appears that Coastal Contacts founder, Roger Hardy, is at it again. After a five-year hiatus, which happens to coincide with the typical duration of a non-compete clause in a business purchase agreement, Roger Hardy, the founder of British Columbia based Coastal Contacts is getting back into the online vision correction device sector.

UPDATED: Monarch Alternative Capital Completes Shopko Optical Deal and Names Jim Eisen as Operating Partner

By Staff
Friday, May 17, 2019 12:24 AM GREEN BAY, Wis.—Monarch Alternative Capital LP said Thursday that it has successfully completed its previously announced acquisition of Shopko Optical. The company expects to relocate almost 80 of its current locations housed inside Shopko stores to freestanding locations, the announcement noted.

EssilorLuxottica Shareholders Reject Appointment of Two New Independent Directors

By Staff
Friday, May 17, 2019 12:21 AM CHARENTON-LE-PONT, France—EssilorLuxottica (Reuters: ESLX.PA) shareholders rejected resolutions to appoint two new independent directors at the company’s Annual General Meeting, held yesterday in Paris. The appointment of the two proposed independent directors, Wendy Evrard Lane and Jesper Brandgaard, was backed by investors who sought to stabilize the company following a dispute between executive chairman Leonardo Del Vecchio and executive vice-chairman Hubert Sagnieres over the newly merged company’s governance. All other resolutions were passed by the shareholders, according to a statement from EssilorLuxottica.

Alcon Says ‘Healthy Momentum’ in Surgical Business Highlighted First-Quarter Performance

By Staff
Friday, May 17, 2019 12:18 AM GENEVA, Switzerland—Alcon (SIX/NYSE:ALC), which was spun off as an independent company by Novartis earlier this year, said Thursday that its first-quarter sales increased 4 percent at constant exchange, but were “flat to last year” at $1.8 billion on a “reported” basis. This marked the first time Alcon has reported results as a public company since its acquisition by Novartis in late 2010. Alcon also reported an operating loss of $48 million in the quarter, which compares with last year’s operating income of $73 million.

Second Sight Announces Strategy Shift to Stem Losses

By Staff
Friday, May 17, 2019 12:15 AM LOS ANGELES—Faced with flat sales and continuing net losses, Second Sight Medical Products (NASDAQ:EYES) announced plans to suspend new production of its Argus II artificial retina systems and accelerate development of the Orion Visual Cortical Prosthesis System, a promising new technology that may restore some sight to the blind. For the three months ended March 31, 2019, Second Sight yesterday reported net sales on a GAAP basis of $1.1 million compared to $1.0 million in the first quarter of 2018. Gross profit for the quarter was $0.4 million compared to $0.3 million in the first quarter of 2018.

10 Facts About Americans and Facebook

By Staff
Thursday, May 16, 2019 12:38 PM Facebook co-founder Chris Hughes made headlines this month when he argued that the tech giant he helped establish 15 years ago has become a “monopoly” and should be broken up. Democratic presidential candidates have also weighed in, but Facebook itself has rejected such calls. Pew Research Center has updated their 10 facts about Americans and Facebook, based on surveys Pew conducted in 2018 and 2019. Here’s one interesting tidbit from their top 10 facts—around 4 in 10 U.S. adults (43%) get their news from Facebook, according to a survey conducted in July and August of 2018. Click here to read the entire feature from Pew Research Center.

Academy 2019 Orlando and 3rd WCO Registration and Housing Now Open

By Staff
Thursday, May 16, 2019 12:25 AM The American Academy of Optometry and World Council of Optometry’s joint meeting, Academy 2019 Orlando and the 3rd World Congress of Optometry, will take place Oct. 23 to 27, 2019 at the Orange County Convention Center in Orlando, Fla. Registration and housing are now open and early bird registration ends Aug. 23, 2019.

Global Panel Debate Raises the Economic, Developmental and Health Merits of Vision Care

By Staff
Thursday, May 16, 2019 12:21 AM WASHINGTON, D.C.— At a symposium hosted here recently by OneSight in conjunction with the National Geographic Society, an international panel of vision care experts reported on the successful outcomes and broad impact of vision care access on underserved communities. The panel declared that lack of vision care access continues to be a pervasive issue costing $230 billion in lost productivity globally.

ABB Optical and Paragon Vision Sciences Announce Fifth Annual Optometry Student Challenge

By Staff
Thursday, May 16, 2019 12:18 AM CORAL SPRINGS, Fla.—ABB Optical Group, in partnership with Paragon Vision Sciences, has announced that it is accepting abstract submissions for the fifth annual Optometry Student Challenge. The Optometry Student Challenge will award travel grants of $1,500 each to three third- or fourth-year students to attend the 2020 Global Specialty Lens Symposium (GSLS),  which is scheduled for Jan. 22 to 25, 2020, in Las Vegas. The students also will present a scientific poster on a topic related to contact lenses at the GSLS meeting. Last year, more than 90 optometry students submitted contact lens related abstracts focused on study projects or student-based case histories.

Online and Print Journals Are Top Sources of Professional Information for ODs

By Staff
Wednesday, May 15, 2019 2:34 PM Online and print journals are a prime source for professional information (not CE) for ODs, according to results from a recent Women In Optometry Pop-up Poll. Twenty-nine percent and 26 percent, respectively, turn to those sources, while 19 percent turn to a web search and 12 percent crowd-source on social media. While using a number of resources, the poll results found that ODs are checking in on general news more often than professional news. Thirty-six percent of respondents said they visit professional news resources at least once a week, and 31 percent did so nearly every day.

The Winning Formula at Nau!

By Staff
Wednesday, May 15, 2019 12:25 AM Nau! is a top Italian brand of eyeglasses with single brand stores throughout Italy and the world. The company is based in Castiglione Olona (Varese) and currently boasts a distribution network of 170 stores. WMIDO recently sat down with Monica Salvestrin, creative director of the company, to talk about what makes her stores so successful.

Earning Millennial Loyalty

By Staff
Tuesday, May 14, 2019 3:12 PM Millennials may be the most brand-loyal generation, but it is important to note that their loyalty is highly selective. As an article on ChiefMarketer.com points out, Millennials lean away from the traditional punch-card programs based on the number of visits to a store that have long been a staple loyalty program. While market researchers and cultural commentators have pegged Millennials as unpredictable and inconsistent, this is simply untrue. What they want from brands is clear—they want loyalty programs that transcend the transaction, genuine experiences, customer engagement and convenience.

AOA and Health Care Alliance Find Proposed Changes to Contact Lens Rule Come Up Short

By Staff
Tuesday, May 14, 2019 5:42 AM NEW YORK—The Federal Trade Commission (FTC) earlier this month updated the changes it proposes for the Contact Lens Rule, but two leading optometry groups have stated their opposition to some elements of the FTC’s revised proposal. The American Optometric Association (AOA) and Health Care Alliance for Patient Safety (Alliance) in recent days have noted their discontent with some of the points in the revised rule proposal. Alliance chair Deanna Alexander, OD, said in a statement, “The FTC’s proposed rule does recognize important issues with the contact lens market, but it does not fully address patient safety concerns around robocall verification of contact lens prescriptions or the ongoing enforcement of illegal substitution for what the patient’s doctor has prescribed.”

Novartis Canada Celebrates Annual Community Partnership Day Across Quebec

By Staff
Tuesday, May 14, 2019 12:25 AM In celebration of the company’s 23rd annual Community Partnership Day, close to 400 Novartis Canada associates joined their colleagues around the world to give back to their communities. Overall, Novartis associates across 6 continents and 53 countries are supporting local non-profit organizations, representing more than 100,000 hours of combined community service.