CarMax unveiled a new brand positioning and tagline as it doubles down on omnichannel retail capabilities that span in-store and online shopping, according to a press release. The largest used car ...
Starting with a single Richmond, Virginia, location, which opened in 1993, CarMax has grown to over 240 locations across the U.S. Touting itself as the country's largest used car retailer, the company ...
The top line was a huge miss. CarMax's just reported revenues were a noticeable and surprising dip from last year. It was not a pretty picture for volumes, though pricing was decent but still down.
CarMax Inc.’s recent profit miss and the stock’s 20% selloff have made analysts at Morgan Stanley question the used-car retailer’s ability to operate in a “competitive” environment — and much more so ...