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Target Optical was founded by the Cole National Corporation in 1995 [1] in Cleveland, Ohio.In 2004, the Cole National Corporation was acquired by the Italian Luxottica S.p.A. along with other Cole National Corporation holdings such as Pearle Vision.
Visionworks of America, Inc. (formerly known as Doctors' Value Vision) is an American company which operates or manages 711 optical retail stores in 40 U.S. states and the District of Columbia. [1] [2] [3] The company was incorporated in 1988. It is based in Downtown San Antonio, Texas, and has about 8,000 employees.
Pearle Vision is an American chain of eye care stores. It is one of the largest franchised optical retailers in North America. It is one of the largest franchised optical retailers in North America. The company was acquired by Luxottica (which has since merged with Essilor to form EssilorLuxottica ), [ 2 ] an Italian eyewear company, in 2004.
Luxottica also owns EyeMed Vision Care, a managed vision care organization in the United States. [46] As of 2014, it is the second-largest vision benefits company in the United States. [ 47 ] [ 48 ] [ 49 ]
In January 2017, Essilor and Luxottica announced the merger of their activities. After having received the necessary authorizations from the competition authorities of the United States, the European Union, Brazil, Canada and China, EssilorLuxottica was created on 1 October 2018. [5]
Luxottica acquired Pearle Vision in 2004, combining the country's two largest eyewear retailers. [15] Though most locations can still provide glasses and frames same-day, that line of business has become de-emphasized over time for the luxury market.
1984 – Faisal Ahmad leaves Burroughs Corp to start US Forms Inc., acquiring first account, Pearle Vision; 1986 – Administrative assistant hired; 1987 – Nancy Henger joins company, acquires Omega Optical account
The first Sunglass Hut store opened in 1971 when optometrist Sanford L. Ziff set up in a freestanding kiosk in Miami's Dadeland Mall.The success of this kiosk prompted Ziff to open other Sunglass Hut locations in Miami, and by 1986, Ziff had opened approximately 100 Sunglass Hut outlets, achieving sales of $24 million a year.