APP.com reports "U.S. Vision Inc., which manufactures eyeglasses and sells them at more than 700 stores, has been sold to an investment group…ACON Investments purchased Refac Optical Group, U.S. Vision's parent company, from Palisade Concentrated Equity Partnership, which will retain a minority interest. No price was disclosed. William Schwartz Jr., who founded U.S. Vision with his father in 1967, said ACON plans to expand the company's retail operation, which includes stores-within-stores in Macy's, Boscov's, BJ's Warehouse Club, JCPenney and Kmart in the United States, and The Bay, a subsidiary of Hudson Bay Co., in Canada."
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