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National Vision, Inc. · Lawrenceville, GA United States

Company Description

296 Grayson Hwy.
Lawrenceville, GA
30045
United States (Map)
Phone: 770-822-3600
Fax: 770-822-3601
    View National Vision, Inc. Locations On A US MapThis link will open in a new window
    Optical retailer National Vision focuses on Wal-Mart but keeps an eye out for other business opportunities. The company sells low-cost prescription glasses, contact lenses, sunglasses, and accessories more than 450 locations, about 200 of which are in Wal-Mart stores in the US and Mexico under the Vision Center brand. National Vision also maintains free-standing retail locations (America's Best Contacts & Eyeglasses, and newly-acquired Eyeglass World), along with facilities in Fred Meyer stores (Optical Shoppe) and on military bases. The company also sells contact lenses online through bestcontacts.com. Investment firm Berkshire Partners bought National Vision in 2005 for about $40 million. To read the full description, subscribe now.
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    Key National Vision, Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees2,547

    National Vision, Inc. Executives

    10 executives listed for National Vision, Inc.'s Lawrenceville, GA location.
    TitleName & BioContact
    President and CEOL. Reade FahsNetwork
    EVP and COOJ. Bruce SteffeyNetwork
    SVP, CFO, and TreasurerChuck CriscillisNetwork

    Competition

    Competitive Landscape for National Vision, Inc.
    Demand is driven by demographics, fashion, and changing healthcare practices. Most important is the aging US population, which is increasing demand for eye exams and glasses. The profitability of optometrist practices depends on efficient operations and whether they also sell glasses and contact lenses. There are few economies of scale in retail operations, except that large stores can offer a larger choice of product styles. Small retailers can often compete successfully with large chains by offering a different product mix. Eyeglass purchases are mildly cyclical with the economy, as many consumers view extra glasses as an expense that can be deferred. To read the full description, subscribe now.
    Top National Vision, Inc. Competitors
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