Specsavers will expand into Manitoba in the summer of 2024.
The eyewear and eyecare retailer announced Friday that it has decided to add another province to its chain following a successful launch in Ontario, Alberta and B.C. The U.K.-based company said it has built a network of about 250 optometrists and licensed opticians since entering the Canadian marketplace in 2021.
Having opened more than 90 locations in the country, Specsavers bills itself as Canada’s fastest-growing network of eyecare professionals. The company said it based its decision to move into Manitoba on strong business performance, consumer demand and interest from optometrists and opticians seeking ownership opportunities outside of its existing Canadian markets.
“Our expansion into Manitoba means more Canadians will have access to comprehensive eyecare and quality, affordable eyewear, as well as more opportunities for independent optometrists and opticians to start their own practice,” said Bill Moir, Specsavers Canada’s managing director.
Specsavers covers 100% each location’s startup costs with the investment averaging $500,000 per location.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.