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Navy Exchange Mini Mart is one of hundreds of retail stores the Navy operates globally.
Nexcom's sales have declined 19% over 12 years, outpacing the drop in military personnel.
KEY POINTS
- 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
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