Rank |
Retailer |
U.S. Sales ($Millions) |
U.S. Units |
Comments |
|||
2004 |
2003 |
|
2004 |
2003 |
2004 |
2003 |
|
1 |
1 |
Luxottica Retail |
1,578.0* |
1,330.0* |
2,888 |
806 |
VM’s estimates are for U.S. sales/store count for LensCrafters for all of 2004, and for Cole Vision—acquired 10/04—for 2004’s fourth quarter. U.S. sales include revenues from 472 franchised Pearle Vision stores. Luxottica Group reported worldwide revenues for Luxottica Retail of $2,892.7M for FY2004; Luxottica Retail businesses include LensCrafters (816 U.S. units, 72 units in Canada) and Cole Vision (2,072 U.S. units, 98 units in Canada) plus Sunglass Hut International (worldwide), OPSM Group (Australasia), and WatchStation/Watch World (U.S.). Luxottica Retail operates more than 5,500 retail units worldwide. Optical retail trade names: LensCrafters, Pearle Vision, Sears Optical, Target Optical, BJ’s Optical. |
2 |
3 |
Wal-Mart Stores |
995.0* |
967.5* |
2,195* |
2,074 |
Worldwide revenues: $1,055M*. Worldwide units: 2,324* (includes 125* Wal-Mart vision centers and 4* Sam’s Club units in Canada). U.S. estimates include 1,780* company-owned Wal-Mart vision centers and 415* Sam’s Club locations. |
3 |
2 |
Cole Vision |
729.5* |
1,178.0* |
[2,072]A |
2,098 |
Acquired by Luxottica Group, 10/04. VM’s sales estimates and store count are for the first nine months of 2004—under Cole National ownership—including revenues from franchised Pearle Vision stores. |
4 |
4 |
Eye Care Centers of America |
399.5 |
369.9 |
377 |
371 |
Acquired by Moulin International Holdings/Golden Gate Capital, 3/05. Optical retail trade names: EyeMasters, Visionworks, Vison World, Hour Eyes, Dr. Bizer’s Vision World, Dr. Bizer’s Value Vision, Doctor’s ValuVision, Doctor’s Visionworks, Stein Optical, Eye DrX, Binyon’s. |
5 |
5 |
Costco Wholesale |
315.0 |
269.0 |
314 |
299 |
Worldwide revenues: $378M. Worldwide units: 427. |
6 |
6 |
National Vision |
237.6 |
242.0 |
381 |
431 |
Worldwide revenues: $242M. Worldwide units: 416 (includes 35 in Wal-Mart Mexico). U.S. total includes 304 units in Wal-Mart, 47 in Fred Meyer, 28 in military installations, 2 free-standing. Optical retail trade names: The Vision Center (Wal-Mart), The Optical Shoppe (Fred Meyer), National Vision Optical, Vision Center II. |
7 |
8 |
Consolidated Vision Group |
133.0* |
126.0* |
111 |
105 |
Optical retail trade names: America’s Best Contacts & Eyeglasses, America’s Contacts & Eyeglasses. |
8 |
7 |
U.S. Vision |
128.0* |
150.0 |
506 |
565 |
Optical retail trade names: J.C. Penney Optical, others. |
9 |
9 |
D.O.C Optics |
98.0 |
97.0 |
113 |
119 |
Optical retail trade names: D.O.C Eyeworld, D.O.C Optique, SEE, City Eyes. |
10 |
11 |
Empire Vision Centers |
91.0 |
86.1 |
60 |
59 |
Optical retail trade names: Empire Vision Centers, Davis Vision Centers, Total Vision Care. |
11 |
10 |
Emerging Vision |
91.0 |
92.4 |
168 |
170 |
Optical retail trade names: Sterling Optical, Site for Sore Eyes, Singer Specs. |
12 |
12 |
EyeMart Express |
86.8* |
84.0 |
66* |
65 |
Optical retail trade names: EyeMart Express, Vision 4 Less, Visionmart Express. |
13 |
13 |
Cohen’s Fashion Optical |
80.0* |
80.0* |
101 |
101 |
Sales include revenues from 92 franchised stores. |
14 |
14 |
ShopKo Stores |
77.3* |
76.5* |
138 |
140 |
Optical retail trade names: ShopKo Eyecare Center, ShopKo Express Eyecare Center. |
15 |
16 |
For Eyes/Insight Optical Mfg. |
76.0* |
73.5* |
140 |
140 |
Optical retail trade name: For Eyes. |
16 |
15 |
Eyeglass World/Vision Care Hldgs. |
70.5* |
73.5 |
68* |
85 |
Optical retail trade name: Eyeglass World. |
17 |
18 |
Optometric Eye Care Centers |
58.5 |
59.7 |
50 |
51 |
|
18 |
17 |
Texas State Optical |
58.0 |
61.8 |
100 |
98 |
All locations independent franchises. |
19 |
20 |
Doctors Vision Center |
55.8 |
51.0 |
80 |
80 |
Optical retail trade names: Doctors Vision Center, Tennessee Vision Associates. |
20 |
21 |
United Optical/Spectera |
45.0 |
48.4 |
61 |
64 |
Optical retail trade name: United Optical. |
21 |
22 |
OptiCare Health Systems |
42.5* |
44.3 |
18 |
18 |
|
22 |
23 |
Nationwide Vision |
40.0 |
40.0 |
51 |
47 |
Optical retail trade names: Nationwide Vision, Nationwide Optique, Nationwide Laser & Eye. |
23 |
24 |
Henry Ford Optimeyes/PCOR |
32.9 |
39.8 |
30 |
33 |
Optical retail trade name: Henry Ford Optimeyes. |
24 |
26 |
Eye Centers of Florida |
32.6* |
32.0 |
18* |
18 |
|
25 |
27 |
Eyear Optical |
31.8* |
31.8* |
30* |
30* |
Optical retail trade name: Eyear Optical. |
26 |
19 |
Sight Resource |
29.0* |
54.0 |
32 |
109 |
Filed for Chapter 11 bankruptcy protection, 6/04. Sold 20 Kent Optical locations, 6/04. Retail trade names as of 12/04: Cambridge Eye, E.B. Brown, Eyeglass Emporium, Vision Plaza, Vision World. Sold 6 Eyeglass Emporium locations, 1/05. Sold remaining 25 units to Davis Vision, 4/05. |
27 |
28 |
Rx Optical |
27.7* |
27.5* |
49 |
50 |
Optical retail trade names: Rx Optical, Eden Optical, Smeelink Optical. |
28 |
29 |
General Vision Services |
23.0* |
23.0* |
24 |
24 |
|
29 |
25 |
Today’s Vision |
21.5* |
38.3 |
31 |
55 |
Optical retail trade name: Today’s Vision. All locations independent franchises. |
30 |
30 |
Clarkson Eyecare |
20.0 |
18.0 |
18 |
18 |
|
31 |
31 |
Eye Health Vision Centers |
18.8 |
17.2 |
4 |
4 |
|
32 |
39 |
Crown Optical |
18.5 |
13.1 |
25 |
22 |
|
33 |
34 |
Wisconsin Vision |
18.0 |
16.1 |
25 |
23 |
Optical retail trade names: Wisconsin Vision, Heartland Vision. |
34 |
40 |
Lunettes |
17.5 |
12.2 |
12 |
10 |
Optical retail trade names: Davante, Lunettes, Dolce, Dolce Due. |
35 |
32 |
Dr. Tavel Optical Group |
17.1* |
16.8* |
24 |
24 |
Optical retail trade names: Dr. Tavel Family Eyecare, Dr. Tavel One-Hour Optical, Premium Optical, Vision Values. |
36 |
33 |
Sunland Optical |
16.9* |
16.5* |
79 |
79 |
|
37 |
35 |
Optical Shop of Aspen |
16.0 |
15.5 |
15 |
14 |
Optical retail trade names: Optical Shop of Aspen, OSA Sun Bar, Emporio Optic. |
38 |
36 |
Allegany Optical |
15.3 |
14.0 |
22 |
20 |
Optical retail trade names: Allegany Optical, National Optometry. |
39 |
N |
Horizon Eye Care |
14.5 |
N |
5 |
N |
|
40 |
38 |
Palmetto Optical |
14.2* |
13.8* |
19* |
19* |
Optical retail trade names: Jackson-Davenport, Palmetto Optical, others. |
41 |
N |
Accurate Optical |
13.3 |
N |
17 |
N |
Acquired H. Rubin Vision Centers 9/04. Optical retail trade names: Accurate Optical, H. Rubin Vision Centers. |
42 |
37 |
Co/op Optical Vision Designs |
13.0 |
14.0 |
16 |
16 |
Optical retail trade names: Co/op Optical, Vision Designs by Co/op Optical, Co/op Optical Vision Designs. |
43 |
N |
Eye Care Associates |
12.5 |
N |
12 |
N |
|
44 |
41 |
The See Center/Group Health |
12.1* |
11.8* |
16 |
16 |
|
45 |
42 |
The Hour Glass |
11.4 |
10.8 |
9 |
9 |
Optical retail trade names: The Hour Glass, See $avers, South East Eye Specialist. |
46 |
43 |
Rosin Eyecare |
9.7* |
9.6* |
12 |
12 |
|
47 |
45 |
Standard Optical |
9.3 |
8.3 |
18 |
19 |
Optical retail trade names: Standard Optical, Rocky Mountain Eyeworks. |
48 |
46 |
Fraser Optical |
8.3* |
8.2* |
6 |
6 |
|
49 |
48 |
Thoma & Sutton Eye Care Prof. |
7.9 |
7.7 |
21 |
20 |
|
50 |
50 |
Bard Optical |
7.7 |
7.0 |
18 |
18 |
|
Total |
|
|
5,976.5* |
6,077.7* |
8,593* |
8,654* |
|
Source: VM's 2005 Top 50 Optical Retailers
When 2004 U.S. sales are the same for more than one company, the retailer with the fewest 2004 U.S. units is ranked first.
* =VM estimate.
N=Not on last year's list.
A=Not included in 2004 unit total.
Note: U.S. sales include Puerto Rico.