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Lenscrafters history
Lenscrafters company history timeline
In 19 87 Bannus B. Hudson, an 18-year alumnus of Procter & Gamble who h ad come to work for LensCrafters in 1985, took the helm. (Founder Dea n Butler had by this time resigned from the business.
LensCrafters’ charitable activities started in 1988 as an extension of its optical services.
The comp any became the first United States Shoe affiliate to establish an overseas pre sence in 1988 with the launch of nine Canadian superstores.
Zemke, Ron, and Dick Schaaf, "The Service Edge: 101 Companies That Profit from Customer Care," New York: New American Library, 1989.
In spite of its difficulties, LensCrafters surpassed Pearle Vision Centers to become America’s largest chain of eyeglass retailers in 1992, with an estimated $660 million or 4.5 percent of marketwide sales volume.
In 1993, it became Canada’s largest optical retailer with the acquisition of the 22-store Eye Masters Ltd. chain.
In its zeal to focus on designer and high-end eyewear, however, Luxottica pushed LensCrafters to shutter its Sight & Save chain in 1996 and invest the proceeds in store refurbishings.
In 1997, the company launched a Lenscrafters kiosk at the Cincinnati/Northern Kentucky International Airport.
Celebrating its 15th anniversary in 1998, the company was a pioneer of the "superoptical" segment.
The company secured $1.3 billion in sales during 1999, which accounted for 63 percent of Luxottica's total revenue in 1999.
That same year CEO Browne committed the company to providing free eyecare to one million people by LensCrafters’ 20th anniversary in 2003.
Luxottica acquired Pearle Vision in 2004, combining the country's two largest eyewear retailers.
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Lenscrafters competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Eyemart Express | 1990 | $158.7M | 7,500 | 117 |
| Emerging Vision | - | $37.0M | 124 | 5 |
| IDEXX | 1983 | $3.9B | 9,300 | 282 |
| Stanton Optical | 2006 | $9.7M | 20 | 296 |
| Native Roots Colorado | - | $8.5M | 750 | - |
| King Par | - | $280,000 | 5 | - |
| Volcano Corporation | 2000 | $393.7M | 3,000 | - |
| OsteoStrong | 2012 | $8.5M | 210 | - |
| HST | 2009 | $21.4M | 570 | - |
| Quick Weight Loss Centers | 1988 | $4.4M | 350 | - |
Lenscrafters history FAQs
Zippia gives an in-depth look into the details of Lenscrafters, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lenscrafters. The employee data is based on information from people who have self-reported their past or current employments at Lenscrafters. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lenscrafters. The data presented on this page does not represent the view of Lenscrafters and its employees or that of Zippia.
Lenscrafters may also be known as or be related to Lens Crafters and Lenscrafters.