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Eye Care Centers Of America

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BUSINESS
May 30, 1987 | JESUS SANCHEZ, Times Staff Writer
Mass merchandiser Sears has launched its long-awaited foray into specialty retailing with the $52.4-million purchase of a chain of eye-care "super stores." The acquisition, announced on Friday by Eye Care Centers of America, would give Sears a foothold in the promising eye-care business, which analysts say stands to benefit from the millions of aging Baby Boomers who will have a greater need for eye glasses. The eye-care company, based in San Antonio, Tex.
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BUSINESS
May 30, 1987 | JESUS SANCHEZ, Times Staff Writer
Mass merchandiser Sears has launched its long-awaited foray into specialty retailing with the $52.4-million purchase of a chain of eye-care "super stores." The acquisition, announced on Friday by Eye Care Centers of America, would give Sears a foothold in the promising eye-care business, which analysts say stands to benefit from the millions of aging Baby Boomers who will have a greater need for eye glasses. The eye-care company, based in San Antonio, Tex.
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BUSINESS
August 6, 1993 | From Times Staff and Wire Reports
Sears Selling Eye Care Centers: Sears, Roebuck & Co. said it is selling its Eye Care Centers of America Inc. as part of its move toward focusing on its core retailing business. Terms of the sale to Eye Care Holdings Inc. were not disclosed. Eye Care Centers operates 129 Eyemasters and Binyon's stores in 15 states.
BUSINESS
April 12, 2005 | Josh Friedman
Irvine-based chip maker TDK Semiconductor Corp. has been sold to San Francisco investment firm Golden Gate Capital for an undisclosed sum, the companies said Monday. TDK Semiconductor was a unit of TDK USA Corp., the American arm of Japanese electronics conglomerate TDK Corp. TDK Semiconductor will retain its current management team and remain headquartered in Irvine, but it will be renamed, Golden Gate said. Golden Gate invests directly in businesses and manages more than $2.
BUSINESS
October 10, 1988 | GEORGE WHITE, Times Staff Writer
Enraged by an umpire's call at a recent San Diego Padres baseball game, a fan rose to his feet and questioned the eyesight of the official by making a strong and unconventional request. "Go see Dr. Leventhal!" he yelled. The comment was an off-beat testament to Alan Leventhal, head of a chain of Southern California stores that made its mark by being among the first in California to promise one-hour service.
BUSINESS
March 9, 1990 | BRUCE HOROVITZ, TIMES STAFF WRITER
Eveready's ever-rambling rabbit rolled off Thursday evening with the West Coast's top honor in advertising. The drum-beating rabbit, which unexpectedly zips in and out of various commercials for Energizer batteries, won the coveted "Sweepstakes" prize at the Los Angeles Advertising Club's 24th Annual Belding Awards ceremony at the Century Plaza Hotel. Chiat/Day/Mojo, the Venice agency that created the campaign, not only won the top prize but also took home a dozen other Belding Awards.
BUSINESS
November 11, 1994 | GEORGE WHITE, TIMES STAFF WRITER
Sears, Roebuck & Co. all but completed a return to its 106-year-old retailing roots Thursday by announcing the spinoff of its huge Allstate insurance unit and signaling that the architect of its merchandising recovery will run the transformed company. Sears said its chairman and chief executive for the last eight years, Edward A. Brennan, 60, will retire when the realignment is completed. Brennan recommended he be replaced by Arthur C.
BUSINESS
June 11, 1998 | DARYL STRICKLAND, TIMES STAFF WRITER
Frame-n-Lens Optical Inc. of Fullerton, the state's largest eye wear chain, said Wednesday it agreed to be acquired by National Vision Associates Ltd. of Georgia for $37 million in cash and assumed debt. The acquisition of Fullerton-based Frame-n-Lens, which operates 209 stores, will boost National's operations to 715 stores, making the company the third-largest eye wear retailer behind Cole Vision Corp., which operates Pearle Vision and NuVision stores, and LensCrafters.
BUSINESS
June 27, 1989 | LARRY GREEN and TRACY SHRYER, Times Staff Writers
Sears, Roebuck & Co., whose name has been synonymous with Chicago for more than a century, said Monday that it is moving its giant merchandising division--the retailer's heart and soul--to the suburbs 30 miles northwest of its landmark 110-story tower. Long the cornerstone of Chicago's powerful mercantile establishment, Sears' decision to leave downtown for suburban Hoffman Estates is an economic setback for the city. But it is a major victory for Illinois, which waged a months-long war of incentives with several Sun Belt cities and states eager to be home to the biggest division of the nation's largest retailer.
BUSINESS
March 17, 1988 | VICTOR F. ZONANA, Times Staff Writer and
Sears, Roebuck & Co., moving boldly beyond its traditional department stores, announced plans on Wednesday to buy Western Auto Supply Co., one of the nation's oldest and best-known auto parts chains, in a deal valued at $402 million. "You've got whales swallowing whales here," said Dick Weinberg, publisher of the trade publication Aftermarket Business, who noted that Sears is the nation's largest retailer and Western is the biggest independent home and auto merchandise chain.
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