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Old 10-07-2012, 07:22 PM
 
Location: San Antonio Texas
10,709 posts, read 9,589,499 times
Reputation: 4753

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Sticker shock: Why are glasses so expensive? - 60 Minutes - CBS News

This company purchased Ray-Ban in 1999, owns Eye Med, Lens Crafters, Pearle Vision, Oakley, etc.
It's disgusting. In 1992, I did an enrollment meeting for the Oakley employees' generous dental coverage in Orange Cty, Calif. The manager in charge was the essence of cool and it had that certain vibe that comes from a small company, like they were all "family" to each other.
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Old 10-07-2012, 07:38 PM
 
8,458 posts, read 2,794,032 times
Reputation: 1080
Quote:
Originally Posted by wehotex View Post
Sticker shock: Why are glasses so expensive? - 60 Minutes - CBS News

This company purchased Ray-Ban in 1999, owns Eye Med, Lens Crafters, Pearle Vision, Oakley, etc.
It's disgusting. In 1992, I did an enrollment meeting for the Oakley employees' generous dental coverage in Orange Cty, Calif. The manager in charge was the essence of cool and it had that certain vibe that comes from a small company, like they were all "family" to each other.
Eyeglasses have always had huge markup, can be like 700% I have been told. That company at quick glance looks at least partially publicly traded. If so probably have govt investment.
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Old 10-07-2012, 09:56 PM
 
Location: Charlotte, NC
1,617 posts, read 1,910,604 times
Reputation: 2370
That is why I order my prescription glasses online. Unbelievable savings. Last pair I ordered were less than $25 including shipping. A very similar pair at my eye doctors office was over $500.

Eye doctors are required to provide your written prescription upon request - be sure to ask for your PD (pupillary distance).

I have used zennioptical many times and always had great results!
Also heard good things about 39dollarglasses and goggles4u.

Last edited by Charlotteborn; 10-07-2012 at 10:44 PM.. Reason: goggles4u spelling!
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Old 10-07-2012, 10:28 PM
 
Location: San Antonio Texas
10,709 posts, read 9,589,499 times
Reputation: 4753
Quote:
Originally Posted by Charlotteborn View Post
That is why I order my prescription glasses online. Unbelievable savings. Last pair I ordered were less than $25 including shipping. A very similar pair at my eye doctors office was over $500.

Eye doctors are required to provide your written prescription upon request - be sure to ask for your PD (pupillary distance).

I have used zennioptical many times and always had great results!
Also heard good things about 39dollarglasses and googles4u.
Thanks. I looked at "warby" and found some glasses that looked identical to the ones that I just bought at my local optical place, but about $100 cheaper.
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Old 10-07-2012, 10:33 PM
 
2,546 posts, read 939,185 times
Reputation: 727
Never understood how a piece of plastic that weighs a few ounces would cost hundreds of dollars
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Old 10-08-2012, 07:45 AM
Status: "Mr. Frou-Frou man." (set 17 days ago)
 
20,734 posts, read 13,519,410 times
Reputation: 17785
Go Capitalism!!!

BTW I always get the Costco brand. LOL Frames say made in Italy. Wonder who that was?
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Old 10-08-2012, 08:10 AM
 
3,697 posts, read 3,242,701 times
Reputation: 2222
Saw that. Those guys own it all.

No more Lens Crafters for us. It's Costco from now on.

Capitalism is wonderful. Monopolies, not so much.
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Old 10-08-2012, 08:13 AM
 
Location: Chicago
10,343 posts, read 4,879,412 times
Reputation: 2074
60% of the radio stations in this country are owned by Bain Capital. The corporations and people with immense wealth are creating monopolies of our markets. What's free about a market where the barriers to entry are too high for competition?
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Old 10-08-2012, 08:17 AM
 
Location: Chicago
10,343 posts, read 4,879,412 times
Reputation: 2074
Eventually Americans are going to have to understand that there's nothing "free" about our market anymore. We are being controlled by a few corporate elites and they control everything from wage rates, to supply costs, to even industry policy.

Why do you think they beat the Occupy protesters?
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Old 10-08-2012, 08:24 AM
 
21,001 posts, read 12,290,466 times
Reputation: 5901
Quote:
Originally Posted by Frugality View Post
Never understood how a piece of plastic that weighs a few ounces would cost hundreds of dollars
They don't.


But if Really Stupid people are willing to pay that then this corporation is obliged to gouge them. Profit isn't everything, it's the ONLY thing.


Funny, I bet lots of those who get ripped off paying so much for a piece of designer plastic whine endlessly about their taxes...
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