Walgreens Buys Vision Direct Site
To become a dominant "e-tailer" by leveraging drugstore.com's existing $456 million in annual sales and specialized vision product expertise. Market Impact & Strategic Shift
$429 million for the parent company, drugstore.com, inc.
The acquisition allowed Walgreens to offer competitive pricing and "ship-to-store" options for contact lenses, which remain a core part of its online "aisle" today. walgreens buys vision direct
Walgreens acquired as part of its $429 million purchase of drugstore.com, inc. in 2011 . This move was intended to rapidly expand Walgreens' online footprint in health, beauty, and vision categories. While it successfully integrated these digital assets for years, the acquisition also led to significant legal scrutiny regarding antitrust practices in the online contact lens market. Key Acquisition Details Acquisition Date: March 31, 2011.
Walgreens combined health and fashion, later piloting physical vision clinics to compete with specialist optical retailers. To become a dominant "e-tailer" by leveraging drugstore
The company was split into five independent entities, including Walgreens and The Boots Group .
You can still purchase a wide range of contact lenses through the Walgreens Vision Center using HSA/FSA funds. Corporate Context (2025-2026) Walgreens acquired as part of its $429 million
In a major corporate shift, was acquired by private equity firm Sycamore Partners for approximately $10 billion in August 2025.