The Exchange

About The Exchange

The Exchange, officially known as the Army & Air Force Exchange Service (AAFES), is a Department of Defense organization established in 1895 and headquartered in Dallas, Texas. It operates as a multi-channel retailer, providing a variety of goods and services to U.S. Army, Air Force, and Space Force installations worldwide. The Exchange runs over 5,500 retail facilities, including department stores, convenience stores, restaurants, and military clothing stores, offering tax-free shopping to authorized customers.