# Navy Exchange Mini Mart is one of hundreds of retail stores the Navy operates globally.

*business · news · 2026-04-08 · CNBC*

## Key points

- Nexcom's sales have declined 19% over 12 years, outpacing the drop in military personnel.
- Dividends funding Navy morale and welfare programs fell 43% from 2013 to 2024.
- Nexcom invested $20 million in store renovations and plans to spend $80 million more by 2027.
- Store of the Future remodels have led to a 3.2% retail sales increase and higher customer satisfaction in 2025.
- Beauty sales at renovated NEX Oceana jumped 40% after improved layout and signage.

**Companies:** Walmart, Amazon, Target, Navy Exchange Service Command
**Countries:** United States, Poland

[Read the full story on CNBC](https://www.cnbc.com/2026/04/08/navy-exchange-stores-compete-walmart-amazon-to-fund-future.html)

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