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DALLAS – Every time service members, retirees, Veterans and military families shop the Army & Air Force Exchange Service, they help make their community stronger. In 2018, Exchange shoppers generated $223 million for vital on-installation community programs.
100% of Exchange earnings are invested in the military community, with 60% going to dividends supporting Quality-of-Life programs and the remaining 40% used to improve the experience in stores and at ShopMyExchange.com.
Over the last 10 years, Exchange shoppers have contributed $2.5 billion to support Army Child Development Centers and fitness centers, Air Force Outdoor Recreation and other programs that strengthen the Services’ recruiting, retention and readiness efforts.
“Support of critical Quality-of-Life programs is a tangible return on the benefit service members and their families have earned,” said Exchange Director/CEO Tom Shull. “We go where they go to deliver convenience and savings and invest in each community we are honored to serve.”
The 2018 $223 million dividend was generated in part by Veterans, who were welcomed home with a lifelong online military exchange shopping benefit introduced on Veterans Day 2017. By shopping the Exchange online, Veterans make life better for those who wear the uniform today while enjoying exclusive military savings and tax-free shopping. Veterans can visit ShopMyExchange.com/vets to sign up for their lifelong online benefit.
All branches of service benefit from shopping the Exchange. Because the Exchange also serves the Navy and Marine Corps at select stores and online, portions of the dividend are contributed to those branches’ Quality-of-Life programs. The 2018 dividend was distributed as follows:
• Army: $129 million
• Air Force: $77 million
• Marines: $12 million
• Navy: $5 million
Facebook-friendly version: Paying it forward: Army & Air Force Exchange Service shoppers generated $223 million for Quality-of-Life programs in 2018 just by shopping the Exchange. The $223 million dividend goes to support Army Child Development Centers and fitness centers, Air Force Outdoor Recreation and other community programs that make life better for those who serve. Read more: https://wp.me/p9Q7PG-10j.
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Since 1895, the Army & Air Force Exchange Service (Exchange) has gone where Soldiers, Airmen and their families go to improve the quality of their lives by providing valued goods and services at exclusive military pricing. The Exchange is the 61st-largest retailer in the United States. Its earnings provided $2.5 billion in dividends to support military morale, welfare and recreation programs over the last 10 years. The Exchange is a non-appropriated fund entity of the Department of Defense and is directed by a Board of Directors. The Exchange is a 50th Anniversary Vietnam War Commemorative Partner, planning and conducting events and activities that recognize the service, valor and sacrifice of Vietnam Veterans and their families in conjunction with the United States of America Vietnam War Commemoration. To find out more about the Exchange history and mission or to view recent press releases please visit our website at http://www.ShopMyExchange.com or follow us on Twitter at https://twitter.com/ExchangePAO.
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Media Notes:
For more information or to schedule an interview with an Exchange representative please contact Marisa Wolfe at 214-312-5111 or wolfema@aafes.com.
Follow the Exchange:
Facebook: www.facebook.com/shopmyexchange
Twitter: https://twitter.com/shopmyexchange
Instagram: @shopmyexchange
| Date Taken: | 06.04.2019 |
| Date Posted: | 06.04.2019 14:39 |
| Story ID: | 325337 |
| Location: | DALLAS, TX, US |
| Web Views: | 111 |
| Downloads: | 0 |
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