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Home > Company Index > Retail > Discount & Variety Retailing > Navy Exchange Service Command

Navy Exchange Service Command
 PROFILE
Before Old Navy, there was the Navy Exchange Service Command (NEXCOM). Active-duty military personnel, reservists, retirees, and their family members can shop at more than 110 NEXCOM retail stores (brand-name and private-label merchandise ranging from apparel to home electronics), about 200 NEXCOM Ships Stores (basic necessities), and its Uniform Support Centers (the sole source of authorized uniforms). NEXCOM also runs about 40 Navy Lodges in the US and six foreign countries. NEXCOM receives tax dollars for its shipboard stores, but it is otherwise self-supporting. Most of the profits fund morale, welfare, and recreational programs for sailors.

 COMPETITION
Kmart Corporation (KM)
Target Corporation (TGT)
Wal-Mart Stores, Inc. (WMT)

 FINANCIAL OVERVIEW
Fiscal Year-End: January
1999 Sales (mil.): 1,696.20
1-Yr. Sales Growth: 2.1%
Employees: 16,000
Revenue per employee: $106,012.50

 KEY PEOPLE
• Steven Maas
    CEO
• Bob Clark
    CFO

 CONTACT INFO
3280 Virginia Beach Blvd.
Virginia Beach, VA 23452
US
Phone: 757-463-6200
Fax: 757-631-3659
Online: Web Site

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