Visionworks Explained

Visionworks
Type:Private, subsidiary
Location:175 E. Houston Street
San Antonio, Texas 78205
United States
Locations:approx. 699 (as of 2015), operated under various trade names (not the ECCA name)
Area Served:United States
Key People:(CEO) Greg Hare
Industry:eyewear/optical retailing
Num Employees:8,000
Parent:VSP Global
Homepage:https://www.visionworks.com/

Visionworks of America, Inc. (formerly known as Doctors' Value Vision) is an American company which operates or manages 711 optical retail stores in 40 U.S. states and the District of Columbia.[1] [2] [3] The company was incorporated in 1988. It is based in Downtown San Antonio, Texas, and has about 8,000 employees.

Visionworks of America was once a subsidiary of HVHC, a Highmark Inc. company.[4] Visionwork's former parent company, ECCA Holdings Corp., merged with Pittsburgh-based HVHC in 2006, resulting in Eye Care Centers of America Inc. becoming a wholly owned Highmark subsidiary.[5] ECCA had 385 stores, in 36 states, at that time.[5]

All stores sell frames, lenses, sunglasses and accessories. Comprehensive service offerings include contact lens dispensing, free adjustments and repairs, and doctors of optometry at or next to every store. Visionworks also sells contact lenses online.[3]

On June 27, 2019, VSP Global announced plans to acquire Visionworks.[6] The acquisition was completed on October 1, 2019.[7]

Notes and References

  1. News: Eye Care Centers of America hires new president, chief medical officer. December 4, 2009. San Antonio Business Journal. July 4, 2011.
  2. Web site: Eye Care Centers of America, Inc.. 2009. Bloomberg Businessweek. https://web.archive.org/web/20101207133855/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=28379. dead. December 7, 2010. July 4, 2011.
  3. News: Visionworks Teams Up with ABC’s "The Chew" to Accessorize Carla Hall. 8 June 2015. BusinessWire. 11 March 2015.
  4. News: Visionworks plans two store openings. September 23, 2010. Pittsburgh Business Times. July 4, 2011.
  5. News: Highmark completes merger with Eye Care Centers of America. August 6, 2006. San Antonio Business Journal. July 4, 2011.
  6. Web site: VSP Global Enters Into Definitive Agreement To Acquire Visionworks. V. S. P.. Global. www.prnewswire.com.
  7. Web site: VSP Global Completes Visionworks Acquisition. V. S. P.. Global. www.prnewswire.com.