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PenFed Credit Union said it has expanded its pricing power and leading edge technology through a partnership with AAFES Federal Credit Union of Dallas, Texas.
Additionally, AAFES FCU gains increased community investment, marketing dollars and technology for its members, as well as expanded job opportunities and responsibilities for its employees.
AAFES said it was permanently removing 891 magazines from its stock, including SpongeBob Comics and the Home Buyers Guide, as well as adult magazines such as Playboy, to make space for faster-moving electronic product ranges.
NEXCOM and AAFES officials anticipated that reimposing a local purchase requirement would negatively impact the military community because, based on the prior experience, retail prices would increase, while the selection of products available for sale would decrease.
AAFES is complying with the Health Affairs-issued memorandum, noting in a news release that its "operations in contingency locations are removing all products containing aspirin from their shelves.
Throughout the retail industry, shoppers spent more than $35 billion on gift cards during the 2007 holiday season," said AAFES Chief Operating Officer Mike Howard.
As our major business partner, AAFES provided $131 million in dividends to Army FMWR based on two distinct agreements.
Today, AAFES has a website and customers can order over the Internet.
In the past, AAFES had been hesitant to run such programs, due to margin concerns.
Since the article was published, AAFES has secured its own contract for ACUs.
The Large Shipper category winners were the Joint Military Postal Activity--Pacific, San Francisco, and the AAFES Atlanta Distribution Center.
AAFES military clothing sales stores are scheduled to get ACUs in April, but a spokesman said they may appear sooner.
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- AAFES Imprest Fund Activity
- AAFES Retired Employees Association