CarMax celebrates the grand opening of its first store in El Paso, Texas

RICHMOND, Virginia, 2016-Jun-19 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today celebrated the grand opening of its first store in El Paso, located at 1300 Pendale Road. The El Paso store will stock between 200-400 used vehicles of nearly every make and model, and has brought approximately 50 new jobs to the area.

During today’s grand opening celebration, CarMax announced that The CarMax Foundation will be providing a $10,000 grant to El Pasoans Fighting Hunger Food Bank. This grant will fund school food pantries that will serve more than 10,000 youth with a goal to alleviate child hunger. CarMax associates chose this organization to receive the grant after participating in a successful volunteer team builder where they helped organize donations.

“CarMax’s community involvement is rooted in our company culture and is a reflection of how passionate our associates are about public service,” said Keith Cox, location general manager at CarMax El Paso. “We are very excited to open our first store in El Paso and bring the simple and stress-free CarMax experience to customers.”

CarMax is also committed to providing community support and career opportunities to our military service members, veterans and their families. CarMax and The CarMax Foundation have pledged a total of $1.4 million over the next three years to organizations supporting the military, including Hiring Our Heroes, KaBOOM! and The Mission Continues. CarMax recently partnered with Hiring Our Heroes to sponsor a Service Member Transition Summit at Fort Bliss.

CarMax was founded more than 20 years ago to fundamentally change the way car buying is done. We make the process more ethical, fair and transparent by offering a no-haggle, no-hassle experience and an incredible selection of CarMax Quality Certified vehicles. In addition, we stand behind our vehicles with a 5-Day Money-Back Guarantee and a Limited 30-Day Warranty (60-Day in CT, MN & RI, 90-Day in MA, NY and NJ). CarMax customers can shop for nearly every make and model at our stores or online at carmax.com, with prices clearly listed for each of our nearly 50,000 vehicles nationwide. CarMax also takes the hassle out of selling your car by offering fast, commitment free appraisals – we’ll buy your car, even if you don’t buy ours. The CarMax Foundation has granted more than $30 million on behalf of associates across the country since 2003.

About CarMax
CarMax, a member of the FORTUNE 500 and the S&P 500, and on the FORTUNE 100 Best Companies to Work For® list for 12 consecutive years, is the nation’s largest retailer of used vehicles. Headquartered in Richmond, Virginia, CarMax currently operates 161 superstores in 81 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 29, 2016, the company retailed 619,936 used cars and sold 394,437 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at www.carmax.com.

Media Contacts
Lindsey Duke, CarMax Public Relations, pr@carmax.com

Twitter: @CarMax, Facebook: facebook.com/CarMax

Source: Carmax