All Retail articles – Page 13
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News briefs
Luz partners with two regional chains in France
Luz, a French buying group that boasts more than 1,800 members, is partnering with two of its affiliates, Optik Budget and Benocle, to help them develop their respective store network and concept in France. Optik Budget addresses the entry level segment of the market and currently operates 24 retail locations, ...
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Riley partners with Vision Express for RX safety eyewear
Globus Group, a British specialist in personal protective equipment for industry and healthcare, has signed a partnership with Vision Express, a retail chain from the GrandVision group with over 550 retail locations in the U.K. and Ireland, for the supply of prescription protective eyewear under its Riley brand. Since last ...
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News briefs
Specsavers takes over Canadian independent chain
Specsavers set foot in North America in March through the acquisition of the Canadian optometry chain Image Optometry, according to a recent report by Vision Monday. Image Optometry has a network of ten directly operated stores and eight franchises in the British Columbia region and currently employs 55 people. Representatives ...
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VSP partners with Zeiss and Hoya
VSP Global announced that it would add Carl Zeiss Vision and HOYA Vision Care lenses and treatments into its VSP Global Premier Program starting July 1, in addition to its own VSP Optics products. The decision comes after the VSP network’s doctors asked for a broader range of lens options, ...
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ArticleAcquisitions and digitization fuel New Look Vision’s growth
New Look Vision Group, the Canadian-based retail group, reported a high double-digit increase in revenues for the third consecutive quarter, confirming a quick recovery from the impact of the Covid-19 pandemic. After respective growths of 17 percent and 25 percent in Q3 and Q4 in the past ...
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Optic 2000 supplants Krys in French retailer ranking
The results are in for the 12th edition of a ranking called “France’s Favorite Retail Brands” (Enseignes Préférées des Français), based on a survey by e-marketing.fr and EYParthenon of 8,000 French consumers over 18 years of age. Leroy Merlin, a chain of big-box hardware stores, reigns supreme overall. In the ...
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ArticleMister Spex up double digits, opens first stores abroad
Mister Spex, the German-based omnichannel retailer, announced last week that its 2020 revenues grew by 18 percent last year as compared to 2019, reaching €164 million. The company registered a double-digit hike in sales both in Germany and in its international markets. Dirk Graber, founder and co-CEO, ...
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News briefs
CECOP and KIMERvisión join forces in Spain
CECOP Group, the Spanish-based international buying group, and KIMERvisión, a distributor of optical products with more than 600 associated member opticians in Spain, have agreed to form a strategic alliance in the country. According to the terms of this agreement, both companies will be operating independently but under the same ...
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ArticleFielmann enters Czech market, eyes France
During Fielmann’s annual press conference, Marc Fielmann, CEO of the company, announced that the German-based retail group was about to enter the Czech Republic, a new step forward in its internationalization strategy. The first shop will be opened in Prague next month and the group is planning ...
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News briefs
Covid-19 restrictions to be lifted for all French stores
All shops operating in large malls in France should be able to reopen their doors from May 19 onwards, following the recent announcements by French president Emmanuel Macron about the progressive lift of business restrictions in relation to the Covid-19 crisis. According to Acuité, about 1,700 optical shops, mostly from ...
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Hallmann Optik launches franchise format
Hallmann Optik, the optical retail chain operating in Germany and Denmark, reported a 28 percent year-on-year increase in revenues for 2020 to €46 million. The growth was fueled by the opening of 18 new stores during the year, bringing the total number of retail locations to 85 in Germany and ...
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ArticleInternationalization fueled Fielmann Q1 sales' growth
Fielmann Group reported a 9.2 percent year-on-year increase in external sales including VAT and changes in inventories to €444.9 million, a revenue level also higher than in Q1 2019. The increase was mostly attributable to the integration of the recently acquired Óptica & Audiologia Universitaria business in Spain. However, the ...
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French home opticians’ network raises €7.5 m
Founded in 2015, Les Opticiens Mobiles is a French network of opticians providing their services on site, at retirement homes to elderly people, at companies’ offices for employees or at the home of people who need prescription eyewear but are unable or unwilling to visit an optical store. After two ...
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Monoprix opens optical corners with Sym Optic
Monoprix, the French chain of upscale supermarkets, is partnering with Sym Optic for the integration of an eyewear offering in its new healthcare corners. Branded “La Santé au quotidien”, the new concept offers a wide range of healthcare-related products and services. It has been launched in two Monoprix shops so ...
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French opticians under scrutiny
Inspectors of the French DGCCRF, a national organization in charge of verifying the respect of business regulations, have recently started a control operation in the country’s optical shops in order to check that opticians fully comply to their obligations, in particular regarding the implementation of the ”100% Santé” eyecare reform. ...
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News briefs
CECOP launches an optical MBA
CECOP, the Spanish-based buying group with about 6,700 members in nine countries, is launching an MBA program aimed at independent opticians. The training will consist in a three-month online session by experts on retail transformations, with a focus on four key-topics of business management: strategy, marketing, human resources and finance. ...
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Article
Essilor France benchmarks the performance of its partner opticians vs. others
According to a report commissioned by Essilor France to the research company Galileo Business Consulting every year since 2011, opticians partnering with the lens maker in France have been performing better on average than the other optical shops in terms of revenues and gross margin progression since 2007. The last ...
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ArticleZVA sees German market down 7.4 percent last year
Like for most other business sectors, 2020 turned to be a difficult year for the ophthalmic optics market, as shown by the latest figures published by the Zentralverband der Augenoptiker und Optometristen (ZVA), the German association of opticians and optometrists. Overall, the German eyewear sector faced a 7.4 percent drop ...
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Article
Vision Group interested in Essilux and GV Italian stores
Vision Group, one of the leading Italian retail players, said that it was interested in studying the takeover of the 174 Italian stores to be divested if EssilorLuxottica and GrandVision eventually agree on the planned takeover. The divestment, which is a prerequisite for the European Commission to authorize the transaction, ...
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ArticleAcuitis’ door count passes the 100 mark
Acuitis, the French banner of optical and hearing aids’ shops, kept opening new franchised stores at a steady pace last year in spite of the impact of the Covid-19 pandemic. Adding 14 new retail locations, the Acuitis door count reached a total of 103 stores in eight ...
