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. Read More