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CarMax ranks No. 85 at FORTUNE magazines’ 100 Best Companies to Work For in 2016

RICHMOND, Va., 2016-Mar-05 — /EPR Retail News/ — For 12 consecutive years, CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has been named by FORTUNE magazine as one of its 100 Best Companies to Work For®. CarMax ranks No. 85 for 2016.

The company continues to grow and CarMax plans to open between 13 and 16 stores each year for the next two years. In the last year, the unique CarMax experience has been introduced in Cleveland and in the Boston area, and will soon be introduced in theSan Francisco Bay Area.

CarMax is currently hiring for more than 1,600 positions across the country in all store business areas including sales, purchasing, business office and service operations. Career opportunities are also available at CarMax Auto Finance in Atlanta, Georgia, and at the CarMax Home Office in Richmond, Virginia, including 50 digital and technology positions at that location. Interested candidates can visit the CarMax careers website to apply.

“Our associates take pride in maintaining the strong CarMax culture of transparency, respect and integrity,” said Tom Folliard, CarMax chief executive officer. “By investing in our associates, we are equipping them to provide the exceptional experience our customers deserve.”

CarMax was founded more than 20 years ago to fundamentally change car buying. The company makes the process more ethical, fair and transparent by offering a no-haggle, no-hassle experience and an incredible selection of CarMax Quality Certified vehicles.CarMax customers can shop for nearly every make and model at the store locations or online at carmax.com, with prices clearly listed for each of the nearly 50,000 vehicles nationwide. CarMax also takes the hassle out of selling your car by offering fast, commitment free appraisals.

To identify the 100 Best Companies to Work For®, each year FORTUNE partners withGreat Place to Work® to conduct the most extensive employee survey in corporate America. Two-thirds of a company’s survey score is based on the results of the Trust Index © Employee Survey, which is sent to a random sample of employees from each company. This survey asks questions related to employees’ attitudes about management’s credibility, overall job satisfaction and camaraderie. The other third is based on responses to the Culture Audit ©, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, methods of internal communication, training, recognition programs and diversity efforts.

CarMax’s well-established, team-oriented culture is also recognized each year for additional national and local awards as an employer of choice and great company to work for. CarMax has been named on Fortune magazine’s “50 Best Workplaces for Diversity,” and “20 Best Workplaces in Retail,” as well as one of Training magazine’s“Training Top 125” companies in America.

About CarMax
CarMax, a member of the FORTUNE 500 and the S&P 500 is the nation’s largest retailer of used vehicles. Headquartered in Richmond, Virginia, CarMax currently operates 158 superstores in 78 markets. The CarMax consumer offer features low, no-haggle prices, a broad selection of CarMax Quality Certified used vehicles, and superior customer service. During the 12 months ending February 28, 2015, the company retailed 582,282 used cars and sold 376,186 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at www.carmax.com

Source: CarMax, Inc.

Media Contact
Jennifer Bartusiak, CarMax Public Relations, pr@carmax.com
Twitter: @CarMax, Facebook: facebook.com/CarMax

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