Top Optical 50 Retailers Sales Hold Strong In 2008
VM’s exclusive look at how the largest optical chains did in a tough economy.
The ongoing global recession certainly impacted the nation’s 50 largest eyewear/eyecare retailers last year, yet the aggregate optical sales of these key industry players again topped the $7 billion mark in 2008. Taken as a group, these high-volume chains achieved combined revenues of an estimated $7.1637 billion last year, according to VM’s exclusive Top 50 U.S. Optical Retailers ranking. 27.3% of that year’s $25.759 billion U.S. vision care market. The estimated combined sales of this year’s Top 50 are nearly $122 million higher than the aggregate volume of the chains in the VM Top 50 U.S. Optical Retailers listing published in May 2008, which showed an estimated $7.0422 billion in combined revenues for the industry’s 50 largest players for calendar 2007. (It’s players, who operated an estimated 9,660 units as of Dec. 31, 2008. That’s up from the estimated 9,304 units published on last year’s VM Top 50 U.S. Optical Retailers list for the 2007 calendar year.