By Staff
Wednesday, July 3, 2024 4:03 PM
DULUTH, Ga.—National Vision Holdings, Inc. (NASDAQ: EYE), one of the largest optical retail companies in the U.S., has announced the appointment of Mark Banner as the company’s new chief stores officer, effective July 8, 2024. Banner is transitioning into the role previously held by Sharon Petitt due to her planned retirement. A specialty retailer who joins the company after a seven-year tenure at Sleep Number, the company stated, Banner brings team leadership expertise in sales, sales operations, digital, promotion and real estate. Before Sleep Number, Banner dedicated 18 years to Signet Jewelers, a global specialty retailer jeweler.
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By Staff
Wednesday, July 3, 2024 4:00 PM
Despite advancements in the soft contact lens field, rigid contact lenses still play a major role in myopia control and in refractive correction for patients requiring a custom fit. A recent study published in
Contact Lens & Anterior Eye extended previous reports on contact lens prescribing trends worldwide. Data relating to 342,500 fits undertaken in 20 countries returning reliable longitudinal data were analyzed with respect to rigid lens fitting. The authors found a renewed interest in rigid lens fitting due to a repurposing of rigid lenses, with the growth of scleral/corneoscleral and myopia control/orthokeratology (ortho-K) lens fits essentially replacing conventional spherical corneal lens fits.
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By Staff
Wednesday, July 3, 2024 1:00 PM
Car inventory has seen a slight uptick this summer as companies release new models. Demand for vehicles, however, remains stagnant, according to the latest
State of the Dealer report from ZeroSum, an industry leader in software, marketing and data science.
The automotive retail agency said its latest findings show new vehicle inventory has reached nearly 3 million on a month-to-month basis, while the market for used and certified vehicles remains unchanged.
Market prices for new vehicles continue to rebound from a winter decline averaging $50,571. This is a $1,000 increase in manufacturer’s suggested retail price (MSRP) in the past year, according to ZeroSum.
The company added that the marketed prices for used vehicles continue to be “in the tight span” since early 2024, sitting well below the $30,000 mark that was seen a year ago.
Marketed pricing for certified vehicles rose for the fourth straight month, coinciding with a recent rebound in new vehicle pricing. ZeroSum noted that the underlying efficiency-oriented dynamics of the market have plateaued, noting car turn rates are settling in the high 30s and days-to-move in the low 60s.
By Staff
Wednesday, July 3, 2024 12:25 PM
Moderna is beginning to develop an
mRNA vaccine against bird flu, as the outbreak continues across the country. Head over to
NBC News for more on this new vaccine, when it may be available and why it's so important.
By Staff
Wednesday, July 3, 2024 9:05 AM
The 2024 Silmo Paris trade fair is getting ready to welcome all of the players from the optics sector with more than 900 exhibitors participating in the event, and 1,500 brands from 144 countries throughout the world on hand to showcase their offers.
By Staff
Wednesday, July 3, 2024 9:00 AM
Whether out of competitive necessity to attract workers in a still-tight market with the promise of additional flexibility, and/or out of economic necessity as the economy cools and fewer worker hours are needed, the upshot for workers is clear: More part-time roles are available for those that desire or require them.
By Staff
Wednesday, July 3, 2024 12:27 AM
DULUTH, Ga.—
National Vision Holdings, Inc. (NASDAQ: EYE), one of the largest optical retail companies in the U.S., has announced the appointment of Mark Banner as the company’s new chief stores officer, effective July 8, 2024. Banner is transitioning into the role previously held by Sharon Petitt due to her planned retirement. A specialty retailer who joins the company after a seven-year tenure at Sleep Number, the company stated, Banner brings team leadership expertise in sales, sales operations, digital, promotion and real estate.
By Staff
Wednesday, July 3, 2024 12:24 AM
NEW YORK—The national average for gross revenue at ECP locations increased last week, June 24–30, when compared with the previous week, at a rate of 2 index points.
By Staff
Wednesday, July 3, 2024 12:21 AM
OAKLAND, N.J.—
Topcon Healthcare, Inc., a provider of ophthalmic devices and software solutions, has announced the appointment of M. Lance Patton as its chief commercial officer.
By Staff
Wednesday, July 3, 2024 12:15 AM
NEW YORK—Due to the Fourth of July Holiday, there will be no
VMAIL on Thursday, July 4, 2024. Look for
VMAIL to resume its daily schedule on Friday, July 5.
By Staff
Tuesday, July 2, 2024 4:03 PM
HAMBURG, Germany, GREEN BAY, Wis. and DETROIT—The Fielmann Group, a global eyewear provider, announced yesterday that it had closed on its acquisition of Green Bay, Wis.-based retailer Shopko Optical. In the announcement, the company also upgraded its 2024 sales outlook and announced an addition to its executive team. The transaction was first signed on June 10, 2024, and calls for the group's U.S. subsidiary, Fielmann USA, to acquire 100 percent equity ownership in Shopko Optical from Monarch Alternative Capital LP, as reported in
VMAIL last month.
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By Staff
Tuesday, July 2, 2024 4:00 PM
So, what is inflation, how does it affect your practice and what can you do about it? The great Nobel Prize economist Milton Friedman said it best: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” In recent years, the M2 money supply expanded by approximately 40 percent, decreasing dollar purchasing power in kind. Additionally, the last time debt to GDP in the U.S. was at similar levels was after World War II when financial repression, inflation and illiquidity events took over 30 years to resolve. As a small business owner, it is vital to understand the current economy we find ourselves in, the time frame it can potentially last and what our options are to navigate it.
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