Appeals Court Eliminates Walmart’s $1.4 Million Penalty in Case Brought by Texas Optometrists

By Staff
Wednesday, August 20, 2014 12:18 AM NEW ORLEANS—In a case that goes back to 1992, when Walmart first began leasing space to Texas optometrists, the U.S. Court of Appeals for the Fifth Circuit decided Thursday, Aug. 14, 2014, to eliminate a $1.4 million penalty that had been levied against the retailing giant for encouraging optometrists to extend their business hours.

Court OKs Auction of Assets as MacKeyser/AOS Bankruptcy Proceeds

By Staff
Monday, August 11, 2014 12:33 AM WILMINGTON, Del.—A Delaware bankruptcy judge approved MacKeyser Holdings LLC’s plan to auction the assets of  20 of the 80 multiple-location practices the company owns in 14 states.

Quebec’s New Look Eyewear Agrees to Acquire Greiche & Scaff

By Staff
Wednesday, August 06, 2014 12:24 AM MONTREAL— New Look Eyewear Inc. (TSX: BCI), a 141-unit retailer in Eastern Canada, announced yesterday that it has entered into a definitive agreement to acquire certain optical assets and business of Optic Direct Inc., carrying on doing business under the Greiche & Scaff banner in Quebec.

Warby Parker To Start Offering Progressive Lens Options Today

By Staff
Monday, August 04, 2014 12:27 AM NEW YORK – Warby Parker is launching progressive lenses online starting today at WarbyParker.com. The company, which has previously focused its online sales on single-vision prescription lenses until now, said it has been testing progressives in its retail stores and is now expanding their availability through the site.

Coastal.com Ends First Pair Free Promo

By Staff
Friday, August 01, 2014 12:27 AM VANCOUVER, B.C.— Online eyewear retailer Coastal.com has ended its First Pair Free promotion and is now offering free shipping and handling on all eyeglasses orders instead.

U.S. Senate Judiciary Subcommittee Holding Antitrust Hearing Today on Pricing and Competition in CL Industry

By Staff
Wednesday, July 30, 2014 1:15 PM WASHINGTON, D.C. – The U.S. Senate’s Judiciary Antitrust Subcommittee is holding a hearing this afternoon here on pricing and competition in the contact lens industry. The title of the hearing session, posted on the U.S. Senate’s Judiciary Committee’s website, is “Pricing Policies and Competition in the Contact Lens Industry: Is What You See What You Get?”

New Online Eyewear Startup, Frameri, Launches Offering Interchangeable Rx and Sun Lens Options for Frames

By Staff
Wednesday, July 30, 2014 12:27 AM CINCINNATI, Ohio—A new online eyewear site, Frameri, launched yesterday, featuring a unique approach in selling glasses online that offers the consumer the choice of interchangeable prescription and sunwear spectacle lens options which fit into one of three specific series’ of frame shapes in a range of color options.

Luxottica Group Q2 2014 Results Show Continuing Growth in North America, Emerging Markets and Europe

By Staff
Friday, July 25, 2014 12:26 AM
MILAN— Luxottica Group (NYSE: LUX) reported accelerated net sales growth in the second quarter ending June 30, 2014 to €2,060 million, up 7 percent at constant exchange rates when compared to the €2,018 million generated during the same period of 2013, according to the company’s financial results released yesterday.

More Efficient Optometrists Lead This Regional Retailer Toward Expansion

By John Sailer
Thursday, July 24, 2014 3:00 PM ROCKY MOUNT, N.C.—Even in the face of slimmer margins and reimbursements, 60-year-old regional retailer, Eyecarecenter has been able to maintain a successful growth strategy by making only a few minor adjustments that have had little impact on its medical model.

MacKeyser/American Optical Services Makes Second Bankruptcy Court Appearance, Schedules Auction of Certain Assets

By Staff
Monday, July 21, 2014 12:36 AM WILMINGTON, Del.—The Chapter 11 bankruptcy proceedings for MacKeyser Holdings, LLC and its subsidiaries, which include American Optical Services (AOS) and a number of other optical businesses the company had acquired prior to its bankruptcy, proceeded last week with the company’s second court appearance on July 16.

2014 U.S. Optical Retailer Report & Directory Released by Jobson Optical Research

By Staff
Wednesday, July 16, 2014 12:15 AM NEW YORK—Jobson Optical Research has released the 2014 U.S. Optical Retailer Report & Directory, which lists the top optical retailers in the U.S., including their company headquarters contact information, key executives, buyer names for all product categories, and trade names/DBAs.

C&E Vision and Luxottica Team Up on Practice Makeover Contest

By Staff
Friday, July 04, 2014 12:21 AM SAN CLEMENTE, Calif.— C&E Vision Services, a leading national optical buying group, has teamed up with Luxottica to makeover the retail space of the winner of a contest they are conducting.

Warby Parker Announces One Million Pairs of Glasses Donated Via ‘Buy a Pair, Give a Pair’ Program

By Staff
Monday, June 30, 2014 12:18 AM NEW YORK—Last week, eyewear e-tailer and brick-and-mortar retailer Warby Parker announced the distribution of one million pairs of glasses to people in need through its “buy a pair, give a pair” program since the company’s start in 2010.

Optical Speakers Will Explain How They’re “Digitizing The Store” at VM LIVE Sept. 17 Event in Las Vegas

By Staff
Friday, June 27, 2014 12:24 AM NEW YORK – Optical speakers, leaders from various segments of the regional and national retail and eyecare professional sectors, will explain how they’re “Digitizing The Store,” at a special VM LIVE two-hour program, examining how new technologies are transforming the patient experience and doctor/retailer/patient dynamics.

After First Day in Bankruptcy Court, MacKeyser Holdings LLC/American Optical Services to Close Some Locations While Others Remain Open Pending Sale

By Staff
Wednesday, June 25, 2014 12:30 AM WILMINGTON, Del.—Following its filing for Chapter 11 bankruptcy protection on Friday, June 20, 2014, MacKeyser Holdings, LLC and its subsidiaries associated with the businesses known as American Optical Services (AOS) and Excela Hearing Services appeared for the first day of hearing yesterday before Judge Brendan L. Shannon, U.S. bankruptcy judge, in the U.S. Bankruptcy Court for the District of Delaware.
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