News & Reviews

Goliath in glasses: Mega-merger may jack up the cost of eyewear even higher

A proposed merger between prescription lens-maker Essilor and frame maker Luxottica might sound like a dream for anybody with four eyes, but it could be more like a nightmare for the wallets of U.S. consumers.RELATED: 10 best places to get a deal on eyeglassesMaybe you’re not familiar with the names Essilor and Luxottica. They’re European companies from France and Italy, respectively, but they have a heavy footprint all over the U.S. eyeglasses market.Luxottica owns Pearle Vision and...

How to Buy Quality Glasses Online, at a Discount, and Save!?

Buying anything online at a discount; does this thought always make you think you will only get that discount on a cheaply made inferior product? Does this mentality keep you from buying cheap eyeglasses online, simply because you think they are going to be glasses that will break easily, or worse, not meet your prescription?It is time to cast aside all those preconceived notions. While it was true that only dubious glasses were sold online a few years ago, the market environment has...

New IPO In Optical Retail Calls For Investors To Keep A Close Eye

Shutterstock photoThe road has never been clearer for National Vision Holdings ( EYE ), a low-cost retailer of eyeglasses, contact lenses and eye exams.[ibd-display-video id=2700154 width=50 float=left autostart=true] That's the perspective of Chief Executive Reade Fahs, after National Vision filed its initial public offering Oct. 26 at 22 a share. The stock opened at 28.75 and has been on an uphill trajectory ever since, up nearly 50% from its IPO price.Fahs...