CarMax to provide one-time bonus to associates as a result of the Tax Cuts and Jobs Act of 2017

Richmond, Va., 2018-Feb-23 — /EPR Retail News/ — CarMax, Inc. (NYSE:KMX), the nation’s largest retailer of used cars, announced plans to provide one-time bonuses to most hourly and commissioned full-time and part-time associates as a result of the recently passed Tax Cuts and Jobs Act of 2017. Bonus amounts will vary from $200 up to $1,500 based on […]

CarMax ranks No. 34 in FORTUNE magazine’s 2018 100 Best Companies to Work For®

Company Now Offering Enhanced Benefits Including Paid Parental Leave RICHMOND, Va., 2018-Feb-19 — /EPR Retail News/ — For 14 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. 34 for 2018. “This award recognition is a direct result […]

CarMax expands partnership with auto repair provider RepairPal

RICHMOND, Va., 2017-Nov-29 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today (November 28, 2017) announced it is expanding its commercial relationship with RepairPal, a leading provider of auto service and repair via a network of RepairPal Certified shops. Additionally, CarMax has made a minority investment of $5 million as the lead in […]

CarMax EVP and COO Cliff Wood to retire; Ed Hill to succeed

Company Highlights Succession Plan and Executive Promotions RICHMOND, Va., 2017-Nov-01 — /EPR Retail News/ — CarMax, Inc. (NYSE:KMX) today (October 30, 2017) announced that Cliff Wood plans to retire as executive vice president and chief operating officer by the end of the summer of 2018 and will be succeeded by Ed Hill, currently CarMax’s executive vice president, strategy and […]

CarMax elects Sona Chawla to its board of directors

RICHMOND, Va., 2017-Apr-25 — /EPR Retail News/ —  CarMax, Inc. (NYSE:KMX) today (April 24, 2017) announced that its board of directors has elected Sona Chawla to membership on the board. Chawla will serve on the Audit Committee. Chawla, 49, is the Chief Operating Officer of Kohl’s, a position she has held since November 2015. Before […]

CarMax promotes Diane Long Cafritz to chief human resources officer and SVP

CarMax promotes Diane Long Cafritz to chief human resources officer and SVP   RICHMOND, Va, 2017-Apr-14 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today (Apr. 11, 2017) announced the promotion of Diane Long Cafritz to the newly created position of chief human resources officer and senior vice […]

CarMax opens new stores in Lynnwood and Puyallup in the Puget Sound region

Company contributes $120,000 to benefit area children SEATTLE, 2017-Apr-03 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today celebrated the grand opening of the company’s new stores in Lynnwood and Puyallup, as its first locations in the Puget Sound region. These new stores bring more than 200 […]

CarMax named by FORTUNE magazine as one of its 100 Best Companies to Work For

Company Hiring to Fill More Than 2,000 Positions Nationwide RICHMOND, Va., 2017-Mar-10 — /EPR Retail News/ — For 13 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. 77 for 2017. CarMax […]

CarMax opens new location in Kentwood; its first store in Michigan

Announces $10,000 grant to benefit area children RICHMOND, Virginia, 2016-Nov-17 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today (November 16, 2016) celebrated the grand opening of its first store in Michigan, located in Kentwood at 4431 28th Street.  The Kentwood store will have the capacity to stock approximately […]

CarMax celebrates grand opening of its first store in Idaho

RICHMOND, Virginia, 2016-Sep-09 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today (September 8, 2016) celebrated the grand opening of its first store in Idaho, located in Meridian at 4043 E. Elden Gray Street.  The Meridian store will stock more than 200 used vehicles of nearly every make […]

CarMax now accepting applications for more than 1,600 positions across the country

One of FORTUNE Magazine’s 100 Best Companies to Work For® Now Accepting Applications RICHMOND, Va., 2016-Mar-09 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, is recruiting for more than 1,600 positions in locations across the country. The majority of open positions are in sales, with additional positions in […]

Training magazine names CarMax to its Training Top 125, ninth year in a row

Company Makes List Of Best Employee Development Programs For Ninth Consecutive Year RICHMOND, Va., 2016-Feb-17 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has been named to Training magazine’s Training Top 125 for the ninth year. CarMax ranks No. 56 for 2016. Training Top 125 recognizes organizations for […]

CarMax, Inc. announces management changes

RICHMOND, Va., 2016-Feb-03 — /EPR Retail News/ — CarMax, Inc. (NYSE:KMX) today announced that, as the culmination of a multi-year management succession plan, Bill Nash has been promoted to president and Cliff Wood has been promoted to chief operating officer, effective February 1, 2016. Tom Folliard plans to retire as chief executive officer prior to the […]