Connect with us

Headlines

Optical Giant Seeks to Open 1,000 More Stores

mm

Published

on

It recently raised $348M.

The CEO of National Vision Holdings says the company would like to open 1,000 more America’s Best and Eyeglass World stores.

Reade Fahs told Investor’s Business Daily that the company is currently building about 75 stores a year.

“We see that continuing for a nice long time,” he said.

Daniel Binder, an analyst with Jefferies, told Investor’s Business Daily that it’s possible the company will reach its 1,000-store goal eventually. He sees room in the Northeast and in California for National Vision to expand.

Advertisement

National Vision recently opened its 1,000th retail location.

The company raised $348 million in an initial public offering that launched in October, Bloomberg reports

Read more at Investor’s Business Daily

SPONSORED VIDEO

Get in on the action with OGI Eyewear

OGI Eyewear is a Game Changer for your independent optical practice. Hey Guys, OGI Eyewear is a Game Changer for your independent optical practice. Celebrate your unique identity, and your patient's individuality, with crafted, kinetic styles designed to flatter and amplify every wearer’s beauty. We are here to help you elevate style and up the fun factor. This season continues OGI’s love affair with wearable and vibrant color, diving into blues, oranges, and greens. Pairing these colors with rich tortoise patterns and thrilling new shapes creates a fresh revamp on retro styles. Get in on the action with OGI Eyewear, and make this year an Eye-conic one. For more information, visit here.

Promoted Headlines

Most Popular