We all have time to put on our seatbelts before the rocking starts...................
Quote:
Originally Posted by
Lab Insight
Whether the associations knew it or not at the time, the sponsorship funds were more of a pay off to turn a blind eye and pave the road for the future to where we are today.
..........................we are now 2 months before the fully accepted merger by the world wide authorities.
We will be seeing a modernized version and situation, that we have already experienced in Canada for many years, by the near domination of the optical retail business by Imperial Optical.
However most of today's professionals have only a very faint idea whatever happened then. Only this time it will be more complex and total as the preparation period has been very carefully planned into details in all sectors from manufacturing to retail over the last 15 years, or more.
We all have time to put on our seatbelts before the rocking starts.
the winners are the ones that find out how to make it work for them.
Quote:
Originally Posted by
McAnerin
Changes are coming, and the winners are the ones that find out how to make it work for them. Unlike the big companies, we cant choose what the game is, but we can certainly have the best strategies for the new playing field.
nice post on a different idea...........and it seems to work.
So lets put on our seatbelts and be ready for some major changes.....................
Quote:
Originally Posted by
fjpod
Computers may replace manual objective and subjective refraction... in fact they already have. But deciding what to prescribe so that the patient will be happy with their Rx, and not come back complaining, has not yet been mastered by the AI people. In fact, it has not yet been mastered by many people holding licenses that allow them to refract.
I would just like to add that in many or all professions there are superb specialists and also some that are not and minimal.
It is a fact that there are many brains, even being funded by major corporations that are working on simple and automatised solutions to measure the optical error of the human eye and neutralize it with a perfectly valid prescription.
By the year 2035 all of you will be used to purchase glasses online and have them adjusted and serviced by an optical service outlet of the online seller, or a dispensing optician that has survived the change, and that adjustment or service will be against a fee.
The first such change will most probably be introduced starting in the year 2018, when the LensCrafter stores will very probably, also become service centers for Essilux online owned opticals, of which there are now according to my own calculations at:
http://optochemicals.com/web_listing.htm
near the bottom of the page.
Some twenty of them on a worldwide basis are Essilux owned.
These corporation opened online opticals are for sure not turning out crappy quality as being owned by the opticals
largest corporation, and lens and frame manufacturer and suppliers.
So lets put on our seatbelts and be ready for some major changes.
I predict that major changes will come in the optical chemical market too. ..........
Quote:
Originally Posted by
Golfnorth
Yes and I predict that major changes will come in the optical chemical market too.
Sorry Chris but you will be out of business soon at Opto Chemicals.
Thank you Golfnorth.......................... for your prediction.
However your prediction is just about 9 month late, I am out of business since August 31, 2017 when my lease ended, which I made after I sold my 15,000sq foot building a few years back.
In the meantime I have sold the OptoChemicals company to McCray, just about next door to you.
Exceptional service will still retain customers................................
Quote:
Originally Posted by
optical maven
But so far people still like to put something on in person and then buy. Exceptional service will still retain customers.
........good point.
However the generation of the older non web savvy people
is currently dying off. and most of them will be gone in a couple of years.
An old tool shed in Florida house which I converted into a modern office that had a floor model air conditioner which broke down after 5 years of use. some 5 years ago.
I went back to Home Depot were I bought it originally. They did have non in stock and the temperature was hot.
So I went on AMAZON on the internet. and they had one floor model with also a heater included for 300.00 less that the one in the store, and I ordered it.
Ordering was Wednesday afternoon at 3pm and Thursday morning at 11 am a UPS truck stopped and rolled the 2 boxes right to my office door.
The saving was the $ 300.00 and another $ 30.00 to rent a Van at Home Depot if they would have had the air conditioner.
will they compete with the present players or our established B&M market ?
Quote:
Originally Posted by
optio
Somewhat tangentially related to this thread.
Amazon's US sales to match Walmart's within three years, JP Morgan predicts
That is quite the forecast.
.......................yes that is quite a forecast and will probably happen.
However it does not tell us who is losing that amount of sales increase ?
If they start to sell eyeglasses will they compete with the present players or our established B&M market ?
I just had another experience with Amazon........................
I just had another experience with Amazon. I ordered last Thursday an electronic collar dog training system.
They emailed that it would be delivered on Sunday.
At 1pm a US Post Office Van stopped by the house and delivered the small box. (I am still in Florida)
I am wondering how Amazon can get the US Post office to work and deliver on a Sunday.
Only 13 days left .....................................
There are now only 13 days left before the deadline of June 1, 2018, for the worlds biggest event to happen any day in the optical eyeglass industry of wholesale as well as retail.
As Canada is an easier test market than the USA, and directly run by the French head office, the changes will very probably be felt faster, than across the border in the USA.
They will start advertising their by internet sold glasses, to be serviced by the LensCrafter and the Essilor owned "New Look" chain stores. That will provide them with some over 700 stores to start with, and become internet products sold service stations, besides their regular activities.
Opticians could be competitive by starting a similar system.
Mr. Amiel held executive positions within Nikon Essilor Co. Ltd.,....................
Quote:
Originally Posted by
Golfnorth
Chris;
I was not aware that Essilor owned New Look.
Are you sure?
Regards,
Golfnorth
and
Quote:
Originally Posted by Lab Insight
You are correct, New Look is it's own public stock company. Essilor and Shamir both currently supply lenses under contract, but no ownership stake.
Make you own conclusions. Yes they are a public company, however the boss is a high ranking livelong Essilor career guy.
Check out were they got the funds to make all these recent purchases of the other chains.
Mr. Antoine Amiel is President, Director of the Company. He was Vice Chairman of the Board of the Company. He is an experienced international executive from the optical lens industry.
Between 2009 and 2012, Mr. Amiel held executive positions within Nikon Essilor Co. Ltd., a Tokyo based joint venture between Nikon Corporation and Essilor International which manufactures and distributes Nikon ophthalmic lenses worldwide. From 2005 to 2012, he was Executive Officer, Vice President International Subsidiaries and CEO of Nikon Optical USA, Canada and United Kingdom. From 2002 to 2005, Mr. Amiel was Managing Director of Nikon Optical UK Ltd. From 1999 to 2002, he was Nikon Essilor’s Chief Financial Officer. Prior to his time with the joint venture he held several finance and marketing positions in Asia Pacific and North America
Chairman Since 2015
Amiel has a master in Corporation Finance from the University de Paris IX Dauphine.
source:
https://www.macroaxis.com/invest/man...-Antoine_Amiel
So Figure it out yourself, who is the pulling the strings in this venture............
So Figure it out yourself, who is the pulling the strings in this venture.
Here is some more .....................................
The company has accumulated 173.28 M in total debt with debt to equity ratio (D/E) of 123.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. New Look Vision Group has Current Ratio of 1.06 suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due.
source:
https://www.macroaxis.com/invest/man...-Antoine_Amiel
So Figure it out yourself, who is the pulling the strings in this venture.