Coast Guard to open new ‘MarketPlace’ for service members

Coast Guard Training Center Cape May NewsCAPE MAY, N.J. – The Coast Guard will open a newly renovated Coast Guard Exchange MarketPlace for military members and authorized beneficiaries at Training Center Cape May Monday at 10 a.m.

The MarketPlace opens following a $1.1 million renovation project that greatly expanded the previous store’s grocery, electronic and apparel departments. The expansion is also expected to generate more than $80,000 in revenue for local community vendors in the local community and create six additional jobs for the area.

“This is part of our commitment to make Training Center Cape May the best place to live, work and visit for not just Coast Guardsmen but for all service members, retirees and authorized beneficiaries in the area,” said Capt. Bill Kelly, the commanding officer of Training Center Cape May.

The newly expanded grocery department will allow the MarketPlace at Cape May to offer fresh produce, meat and other groceries at prices that will provide customers an average market basket savings of 20 percent. The Coast Guard is able to offer the discounted prices to service members and authorized beneficiaries through a partnership with the Defense Commissary Agency, which operates a worldwide chain of commissaries providing groceries to military personnel, retirees and their families.

“We appreciate our partnership with the Coast Guard Exchange,” said Mr. Joseph H. Jeu, Director and Chief Executive Officer of the Defense Commissary Agency. “This unique arrangement meets our goal of sustaining the relevance of the Commissary benefit for all military patrons.”

Staff from the Coast Guard Community Services Command and Coast Guard Exchange will mark the grand opening of the MarketPlace during a ceremony at Training Center Cape May Monday at 10 a.m.

As a support organization within the Community Services Command of the Coast Guard, the Coast Guard Exchange operates 66 exchanges throughout the continental United States, Alaska, Hawaii, and Puerto Rico. Income generated by the resale operation is used to provide the Coast Guard with supplemental funding to the service’s morale, well-being and recreation program. In the past 10 years, Coast Guard Exchange has given over $2.7 million to Coast Guard morale, well-being and recreation.

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