Army & Air Force Exchange Service
The Army & Air Force Exchange Service (AAFES, also referred to as The Exchange and The PX or The BX) provides goods and services at U.S. Army and Air Force installations worldwide, operating department stores, convenience stores, restaurants, military clothing stores, theaters and more across 50 U.S. states and more than 30 countries. The Exchange is headquartered in Dallas, Texas, and its director/chief executive officer is Tom Shull. The largest of the Department of Defense's exchange services, it is No. 54 on the National Retail Federation's Top 100 Retailers list.
| Company type | Department store, Government agency |
|---|---|
| Industry | Retail |
| Founded | 25 July 1895 (General Orders No. 46) 6 June 1941 (Army Exchange Service) |
| Headquarters | 3911 South Walton Walker Boulevard, Dallas, Texas, United States 75236 |
Number of locations | 4900(all facilities) |
Key people | Tom Shull, Director/CEO |
| Revenue |
|
Number of employees | 28,700 |
| Parent | United States Department of Defense (1947–present) |
| Website | www.shopmyexchange.com |
In addition to their retail support for the military, the Exchange outfits troops with combat uniforms at-cost, and serves approximately 4.2 million at-cost school lunches per year for children attending Department of Defense Dependents Schools overseas.
As of Veterans Day, November 11, 2017, military exchanges started offering online exchange shopping privileges to an estimated 18 million honorably discharged veterans. The exchanges launched VetVerify.org in June 2017, allowing veterans to verify their eligibility ahead of the benefit's start date.