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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.
America's Best Contacts & Eyeglasses is a discount provider of eye examinations, eyeglasses and contact lenses, with over 1000 retail locations in the United States as of May 31, 2024. The millennial store is located in Philadelphia, PA, which happened to be one of National Vision's first markets in their early days over 40 years ago.
LensCrafters had just three locations when U.S. Shoe purchased it; by 1989, there were 350 locations, and LensCrafters was generating 40% of U.S. Shoe's operating income. [12] In 1992, LensCrafters surpassed Pearle Vision to become the largest chain of eyeglass retailers in the United States, with roughly $660 million in annual revenue. [8]
Luxottica owns not only a large portfolio of brands (over a dozen [53]) such as Ray-Ban and Oakley but also retailers such as Sunglass Hut, Lenscrafters and Oliver Peoples, the optical departments at Target, and (formerly) Sears, as well as key eye insurance groups including the second largest glasses insurance firm in the US, EyeMed. It has ...
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In April 2015, the company raised $100 million in a funding round led by T. Rowe Price, valuing it at $1.2 billion. [13] In 2017, the company opened a $16 million optical lab in Rockland County, New York, to create and manufacture glasses in-house instead of paying external manufacturers. The lab has 34,000 square feet and employs 130 staff.
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