Two days after newspapers were reporting that Luxottica’s CEO Andrea Guerra was facing troubles, Vision Monday reports that Luxottica will close 50 Sears Optical locations.
Luxottica Retail’s Licensed Brands division will close 50 Sears Optical locations in the U.S., VMail has learned. The news was shared internally with associates. In response to a query from VMail, the company did not provide which specific locations would close, but a Luxottica spokesperson said, “Today, we are sharing the difficult, but necessary decision to close 50 Sears Optical locations across the U.S. The impacted stores have served their customers and communities well, but have struggled with results over time. The Sears Optical team is incredibly committed to the long-term, sustainable growth of the brand….”Read more.
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