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Oscar Wylee signals expansion plans after 100 store milestone

Oscar Wylee

Optical chain Oscar Wylee has announced the opening of its 100th retail store, with 27 of those locations added to its network across Australia and New Zealand this year.

The franchise’s latest practice is in the Auckland suburb of Albany, with trading to commence from 9 August.

Other recent locations include; Mornington (Victoria), Orange, (New South Wales), Fremantle, (Western Australia) and Launceston (Tasmania). According to its website, it is planning to open seven stores in Australia in August.

The local Australian optometry chain said it had hired more than 170 employees since the beginning of 2021 for its new stores and support office team.

“We anticipate that our continued growth will create over 400 new jobs over the year and contribute to the recovering economy and job market,” Mr Kane Ford, director of retail operations at Oscar Wylee, said.

“We are always looking for new location opportunities to expand access to eyecare across Australia and New Zealand.”

Oscar Wylee has grown rapidly since brothers Mr Jack Teoh and Mr Bob Teoh purchased the company with their investment firm and began to expand its operations.

At the time, it was a small e-commerce operation delivering glasses over the internet with no brick-and-mortar store. It opened its first physical store in 2015.

The full list of Oscar Wylee stores in Australia, including locations that are set to open over the coming months, can be found here.

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