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CarMax Reports Quarterly Results
Announces Plans to Open 10 to 15 Stores per Year Through Fiscal 2016 RICHMOND, Va.--(BUSINESS WIRE)--Dec. 21, 2011-- CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2011. Net sales and operating revenues increased 7% to $2.26 billion from $2.12 billion in the third quarter of last year. Comparable store used unit sales declined 3% in the third quarter ...
 

CarMax Brings 90 New Jobs To Chattanooga
Retailer Known for Hiring Outside the Auto Industry Accepting Applications RICHMOND, Va. (December 19, 2011)—CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently hiring for approximately 90 positions for the company’s new store in Chattanooga, Tenn. The new 36,000-square-foot store grand opens on February 29, 2012, at 2211 Overnite Drive and is CarMax’s first store in Chattanooga. Applications are now being accepted for the new positions on the retailer’s website...
 

CarMax Announces Webcast Information for Upcoming Events
RICHMOND, Va.--(BUSINESS WIRE)--Dec. 12, 2011-- CarMax, Inc. (NYSE:KMX) announced today the webcast and/or conference call access information for upcoming events. December 21, 2011 – Third Quarter Fiscal 2012 Earnings Conference Call. On December 21, CarMax will release sales and earnings for the third quarter ended November 30, 2011, and will host a conference call for investors at 9:00 a.m. ET. Investors may access the call a...
 

Quality Remains Top Factor Over Price for Car Buyers, According to CarMax Survey
RICHMOND, Va.--(BUSINESS WIRE)--Dec. 12, 2011-- Quality continues to be the most influential factor for car buyers the second year running, with more than double the amount of respondents choosing it over price, according to a recent telephone survey conducted for CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. In fact, as quality increased from year to year, both price and safety fell in percentage points as considerations for ...
 

CarMax Foundation Awards $10,000 Grant to Fannie Battle Day Home for Children in Nashville
RICHMOND, Va. (November 28, 2011) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation awarded Nashville’s Fannie Battle Day Home for Children a $10,000 grant as part of the Foundation’s Regional Giving Program. Fannie Battle Day Home for Children received the grant for its Tuition Assistance Program. The organization has year-round programs for children between the ages of six weeks and ten years. Each program offers age-appropriate...
 

CarMax Foundation Awards $12,500 to Organizations in Las Vegas
RICHMOND, Va. (November 22, 2011) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars , announced today that The CarMax Foundation awarded $12,500 in grants to Las Vegas organizations to help local youth as part of the Foundation’s Regional Giving Program . The Las Vegas-area grants, each made at the recommendation of local associates, include: Big Brothers Big Sisters of Southern Nevada - $5,000 for the Site Based Match program, which connects adult volunteers with el...
 

Women Say Car Buying Remains a Hassle, According to Survey
CarMax Offers Tips on Making Car Buying a Breeze RICHMOND, Va., Nov 18, 2011 (BUSINESS WIRE) --Buying a car remains a hassle for women, according to a recent poll conducted for CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars. When asked about their last car buying experience, more than a quarter of women felt they were not getting an effortless and quick transaction. A fair trade-in value and trustworthy salespeople were also cited ...
 

CarMax Grand Opens First Store In Massachusetts
North Attleboro Store Celebrates with Road Rally for Charity Event RICHMOND, Va. (November 16, 2011) - CarMax, Inc., (NYSE: KMX), the nation’s largest retailer of used cars, officially opened its first auto superstore in North Attleboro, Massachusetts today, located at 120 Draper Avenue. The store is more than 13,600 square-feet, employs more than 50 associates and stocks about 300 used vehicles of nearly every make and model. “Resuming our growth plan has meant expanding into new areas such...
 

CarMax Foundation Awards $15,000 To Organizations in Southern California
RICHMOND, Va. (November 16, 2011) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation awarded $15,000 in grants to support youth-focused Southern California organizations as part of the Foundation’s Regional Giving Program. The Southern California-area grants, each made at the recommendation of local associates, include: AbilityFirst - $10,000 for the organization’s year-round After School Program that hosts children with specia...
 

The CarMax Foundation Celebrates $10 Million in Grants since 2003
Foundation Announces New Wellness Focus to Mark Milestone RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has marked a major community support milestone, granting $10 million to nonprofits since its inception in 2003. In celebration of this milestone, The CarMax Foundation is announcing that its charity focus will include wellness. To kick off the celebration, The CarMax Foundation will double al...
 

CarMax Brings 45 New Jobs to North Attleboro
Retailer Known for Hiring Outside the Auto Industry Accepting Applications for its First Store in Massachusetts RICHMOND, Va. (September 26, 2011)—CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently hiring for approximately 45 positions for the company’s new store in North Attleboro, Mass. The new 13,600-square-foot store grand opens on November 16, 2011, at 120 Draper Ave. and is CarMax’s first store in Massachusetts. Applications are now being accepted for th...
 

CarMax Reports Quarterly Results
RICHMOND, Va., Sep 22, 2011 (BUSINESS WIRE) --CarMax, Inc. (NYSE:KMX) today reported results for the second quarter ended August 31, 2011. Net sales and operating revenues increased 11% to $2.59 billion from $2.34 billion in the second quarter of last year. Comparable store used unit sales declined 2% for the quarter. Total used unit sales decreased 1% in the second quarter. Total whol...
 

CarMax Foundation Awards $10,000 Grant To Children’s Health Education Center in Milwaukee
RICHMOND, Va. (September 20, 2011) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Milwaukee’s Children’s Health Education Center a $10,000 grant as part of the Foundation’s Regional Giving Program. Children’s Health Education Center, a member of Children’s Hospital and Health System, received the grant for enhancements to the elementary bullying prevention program. This program provides tools for students to underst...
 

CarMax Foundation Awards $10,000 Grant To Ronald McDonald House Charities Of Chicagoland And Northwest Indiana
RICHMOND, Va. (September 14, 2011) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Ronald McDonald House Charities of Chicagoland and Northwest Indiana a $10,000 grant as part of the Foundation’s Regional Giving Program. The organization received the grant for the scholarship program that benefits academically outstanding and financially challenged young people in the Chicago and Northwest Indiana areas. These multiy...
 

CarMax Announces Webcast Informationfor Upcoming Events
RICHMOND, Va., Sep 08, 2011 (BUSINESS WIRE) --CarMax, Inc. (NYSE:KMX) announced today the webcast and conference call access information for upcoming events. September 22, 2011 - Second Quarter Fiscal 2012 Earnings Conference Call. On September 22, CarMax will release sales and earnings for the second quarter ended August 31, 2011, and will host a conference call for investors at 9:00 a.m. ET. Investors may access the call as follows: ...
 

The CarMax Foundation Awards $18,000 Grant To Richmond-Area Boys & Girls Clubs’ Camp
Funds Granted on Behalf of 150 Associate Volunteers RICHMOND, Va. (September 2, 2011) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation awarded $18,000 to the Boys & Girls Clubs of Metro Richmond for Camp Little Hawk. The grant is on behalf of the approximately 150 Richmond-area associates who volunteered with the organization throughout the summer as part of the company’s annual nationwide focus on volunteerism.  The ...
 

CarMax Foundation Awards $15,000 In Grants To Atlanta Area Organizations
RICHMOND, Va. (August 3, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded $15,000 in grants to Atlanta area organizations as part of the Foundation’s Regional Giving Program. The Atlanta-area grants, each made at the recommendation of associates at CarMax Auto Finance, include: Advocates for Bartow’s Children - $2,500 for the tutoring program for Flowering Branch Children’s Shelter residents. This program reach...
 

Travelers Are Hitting the Road This Year, But Many Taking Steps to Make the Trip Budget-Friendly
CarMax's Summer of Discovery Campaign Offers Ideas to Keep Road Trip Affordable RICHMOND, Va., Aug 02, 2011 (BUSINESS WIRE) --Sedans are the vehicle of choice for 40 percent of travelers this summer, according to a recent online survey conducted for CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars. Although SUVs and minivans provide more room for comfortable travel and luggage, only 26 percent and 13 per...
 

CarMax Wants You To Discover, Share And Win
Facebook Contest Offers Chance to Win Big for Most ‘Liked’ Cost-Saving Vacation Ideas RICHMOND, Va. (July 12, 2011) – With consumers facing higher gas prices and greater summer vacation expenses this year, CarMax, Inc., (NYSE: KMX), the nation’s largest retailer of used cars, launched a Facebook contest today – asking fans to share their best cost-effective summer vacation tips. One lucky winner with the most ‘liked’ tip will win $5,000. The Summer of Discovery contest will run from July 11 ...
 

CarMax Brings 40 New Jobs To San Diego Area
Retailer Known for Hiring Outside the Auto Industry Accepting Applications for New Escondido Store RICHMOND, Va. (July 5, 2011)—CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently recruiting for approximately 40 positions for the company’s new store in Escondido, California.  The new 13,660-square-foot store opens on August 18, 2011 at 830 Dan Way and is CarMax’s second store in the Greater San Diego area. The first store is located at 7766 Balboa Avenue in ...
 

The CarMax Foundation Awards $155,000 Grant To Expand Richmond Summer Basketball League
RICHMOND, Va. (June 30, 2011) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded a grant of $155,000 to the Enrichmond Foundation for the CarMax Summer Basketball League. The grant will fund the expansion of the league to include a new third court, allowing more than 480 boys and girls to play in the league, as well as restoration of an existing building for concessions. “We are fortunate to have a company like CarMa...
 

CarMax Announces Video Contest Grand Prize Winner
Winner Receives $2,500 and Feature in CarMax Spot on WRAL-TV RICHMOND, Va. (June 28, 2011) – CarMax, Inc. (NYSE: KMX) the nation’s largest retailer of used cars, has selected Gregory Ng of Raleigh, NC as its CarMax EasyShop video contest grand prize winner. Ng wins $2,500, and his spot will be featured in a CarMax ad that will run exclusively on WRAL-TV sometime between the 6 a.m. to 7:30 a.m. morning news show throughout the week of July 11 through 16. CarMax launched a four-week social med...
 

CarMax Foundation Awards $10,000 Grant To Greater Wichita YMCA
RICHMOND, Va. (June 27, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the North Branch of the Greater Wichita YMCA a $10,000 grant as part of the Foundation’s Regional Giving Program. The North Branch YMCA received the grant for the Middle School Afterschool Program.  The students involved get help with homework, have designated times for reading, attend regular field trips to local attractions, and partic...
 

CarMax Reports Record Quarterly Results
RICHMOND, Va., Jun 22, 2011 (BUSINESS WIRE) --CarMax, Inc. (NYSE:KMX) today reported record results for the first quarter ended May 31, 2011. Net sales and operating revenues increased 18% to $2.68 billion from $2.26 billion in the first quarter of last year. Comparable store used unit sales increased 6% for the quarter. Total used unit sales rose 8% in the first quarter. Total wholesa...
 

CarMax Announces Webcast Information for Upcoming Events
RICHMOND, Va., Jun 08, 2011 (BUSINESS WIRE) --CarMax, Inc. (NYSE:KMX) announced today the webcast and/or conference call access information for upcoming events. June 22, 2011 - First Quarter Fiscal 2012 Earnings Conference Call. On June 22, CarMax will release sales and earnings for the first quarter ended May 31, 2011, and will host a conference call for investors at 9:00 a.m. ET. Investors may access the call as follows: Dial 1-888-2...
 

CarMax Asks 'How Easy is CarMax Easy Shop?'
Contest Offers Chance to Win TV Ad Spot and iPad2s RICHMOND, Va. (May 24, 2011) – CarMax, Inc. (NYSE: KMX) the nation's largest retailer of used cars, today launched a social media contest, asking consumers in the Raleigh-Durham and Fayetteville areas to creatively express in a video the benefits of CarMax EasyShop – the newly added functionality on carmax.com. CarMax EasyShop empowers customers to complete more of the car shopping process online before arriving at the store. Contestants are e...
 

Atlanta CarMax Awarded for Business Ethics and Community Service
CarMax Receives Sixth Better Business Bureau Torch Award RICHMOND, Va. (May 23, 2011) —CarMax Inc. (NYSE: KMX), the nation's largest used-car retailer, was among the local businesses recognized for their commitment to customer care, community service and consumer trust by the Metro Atlanta, Athens and Northeast Georgia Better Business Bureau. This marks the sixth consecutive year the Metro Atlanta, Athens and Northeast Georgia Better Business Bureau has honored CarMax. The Greater Atlanta Reg...
 

CarMax Advises How To Avoid Flood-Damaged Cars
RICHMOND, Va. (May 20, 2011) - In the wake of recent flooding, CarMax, Inc., (NYSE: KMX), the nation's largest retailer of used cars, is advising consumers on how to avoid purchasing flood-damaged vehicles. "Many people think about the electrical damage to cars when flooding occurs, but the long-term negative effects can be much more significant," said Stephan Kintz, CarMax purchasing manager in Memphis, Tenn. "Car shoppers need to be aware that rust, mold and mildew can impact the vehicle's re...
 

CarMax Grand Opens New Store in Lexington, Kentucky
RICHMOND, Va. (May 19, 2011) - CarMax, Inc., (NYSE: KMX), the nation's largest retailer of used cars, officially opened its first auto superstore in Lexington, Kentucky today. The Lexington CarMax is located at 105 Sand Lake Drive and is the second CarMax location in Kentucky; the first location is in Louisville. The store is more than 13,900 square-feet, employs more than 50 associates and stocks 250 to 350 used vehicles of nearly every make and model. "We are excited about the opening of the...
 

CarMax Receives Award of Distinction from Houston Better Business Bureau
RICHMOND, Va. (May 11, 2011) — CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has received an Award of Distinction for Business Ethics from the Houston Better Business Bureau Education Foundation.  This is the third time CarMax has been honored with an Award of Distinction; the company won the Pinnacle Award from the Houston BBB Education Foundation in 2007. "Conducting business in an ethical manner is the foundation of our company," said Donna Wassel, Southwest reg...
 

CarMax Foundation Awards $15,000 Grant to Girl Scouts Carolinas Peaks to Piedmont
RICHMOND, Va. (May 11, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the Girl Scouts Carolinas Peaks to Piedmont a $15,000 grant as part of the Foundation’s Regional Giving Program. Girl Scouts received the grant for “A World of Girls” that will be presented to more than 300 elementary girls at 13 schools. This program’s journey allows girls to participate in adventures and challenges that strengthen confidence...
 

CarMax Awarded Maryland "Workplace Excellence" Seal Of Approval for Seventh Consecutive Year
RICHMOND, Va., (May 2, 2011) – CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has received the 2011 Workplace Excellence Award for the seventh consecutive year. CarMax, which has more than 690 associates in the Greater Washington, D.C. and Baltimore areas, was selected for this award by the Alliance for Workplace Excellence. “Our associates continue to be the reason why CarMax is an excellent workplace,” said Tom Marcey, Mid-Atlantic regional vice president for CarMax....
 

CarMax Foundation Awards $72,800 Grant to Kaboom! for Playground Build
RICHMOND, Va. (April 26, 2011) - CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, announced today that The CarMax Foundation has awarded KaBOOM! a $72,800 grant as part of the Foundation's Regional Giving Program. KaBOOM!, a national non-profit dedicated to saving play, received the grant for a playground-build project in Orange County at the Lyon Street Community Center. Approximately 400 children in the community do not currently have a modern play area within walking d...
 

Get Your Car in Shape for Spring
Use these Five Tips from CarMax RICHMOND, Va., Apr 18, 2011 (BUSINESS WIRE) --April is National Car Care Month, and the technicians at CarMax, Inc. (NYSE: KMX), the nation's largest used car retailer, offer these five springtime tune-up tips. "Drivers often overlook their cars when it's spring-cleaning time," says CarMax ASE Master Technician Shawn Hoelzer. "Following a few easy steps to spruce up your vehicle helps to not only avoid costly repairs, but ...
 

The CarMax Foundation Awards $125,000 In Grants To Richmond Area Organizations
RICHMOND, Va. (April 14, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded $125,000 in grants to Richmond area nonprofit organizations. The grants are for programs that focus on education and youth leadership.  “It is an honor to live and work in a community that is supported by so many dedicated organizations,” said Lynn Mussatt, president of The CarMax Foundation and vice president of business operations. “...
 

CarMax Foundation Awards $5,000 Grant To Boys & Girls Clubs in Charlottesville, Va
RICHMOND, Va. (April 12, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Boys & Girls Clubs of Central Virginia., a $5,000 grant as part of the Foundation’s Regional Giving Program. Boys & Girls Clubs received the grant to kick off a basketball program in a new Club located in Charlottesville. There will be free basketball clinics led by volunteers and a Club-wide league with regular practices and games. These op...
 

CarMax Foundation Awards $7,500 Grant To Families First Of Palm Beach County, Florida
RICHMOND, Va. (April 12, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Families First of Palm Beach County in Fla., a $7,500 grant as part of the Foundation’s Regional Giving Program. Families First received the grant for the Kin Support Program which reaches out to relative caregiver families. The program provides home and community-based social work, legal services and other resources to empower children and ...
 

CarMax Grand Opens New Store In Baton Rouge
Store Opening Marks First Store in Louisiana RICHMOND, Va. (April 7, 2011) - CarMax, Inc., (NYSE: KMX), the nation’s largest retailer of used cars, officially opened its first auto superstore in Baton Rouge, Louisiana today. The Baton Rouge CarMax is located at 6768 Siegen Lane and is the first store in Louisiana. The store is more than 36,200 square-feet, employs more than 50 associates and stocks 250 to 350 used vehicles of nearly every make and model. We are excited about the opening of th...
 

CarMax Hiring More Than 75 Positions in Fresno and Modesto
RICHMOND, Va. (April 1, 2011) - CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently recruiting for more than 75 store positions for their Modesto and Fresno, California locations. The positions are in service operations, which include reconditioning associates and experienced technicians. Full and part-time permanent positions are available, as well as evening shifts. "As we prepare for the busy spring and summer car buying season, we have an opportunity for incre...
 

CarMax Reports Record Fiscal Year and Fourth Quarter Results
RICHMOND, Va., Mar 31, 2011 (BUSINESS WIRE) --CarMax, Inc. (NYSE:KMX) today reported record results for the fourth quarter and fiscal year ended February 28, 2011. Net sales and operating revenues increased 23% to $2.25 billion from $1.83 billion in the fourth quarter of last year. For the fiscal year, net sales and operating revenues increased 20% to $8.98 billion from $7.47 billion in fiscal 2010. Comparable ...
 

CarMax Makes Car Buying Easier – Again
Leading Used Car Retailer Expands Online Car Buying Process RICHMOND, Va. (March 28, 2011) — CarMax, Inc., the nation’s largest retailer of used cars, has once again dramatically improved car buying with CarMax EasyShop at carmax.com. Launched exclusively in Raleigh and Fayetteville, the newly added functionality empowers customers to complete more of the car shopping process at their convenience and from any computer before arriving at the store. Carmax.com currently allows customers nationw...
 

CarMax Announces Webcast Information for Upcoming Events
RICHMOND, Va., Mar 18, 2011 (BUSINESS WIRE) --CarMax, Inc. (NYSE:KMX) announced today the webcast and/or conference call access information for upcoming events. March 31, 2011 - Fourth Quarter and Fiscal Year 2011 Earnings Conference Call. On March 31, CarMax will release results for the fourth quarter and fiscal year ended February 28, 2011, and will host a conference call for investors at 9:00 a.m. ET. Investors may access the call as follows: ...
 

CarMax Foundation Awards $5,000 Grant to OneOC In California
  RICHMOND, Va. (March 11, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded OneOC, formally known as Volunteer Center Orange County, in California, a $5,000 grant as part of the Foundation’s Regional Giving Program. OneOC received the grant for the 2011 Take the Lead Teen Summit. The summit hosts 400 teens in Orange County and empowers them to serve their community through volunteerism, leadership roles and ...
 

CarMax Laurel Toyota Donates More Than $60,000 to Local Nonprofit Organizations
RICHMOND, Va. (March 9, 2011) — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that CarMax Laurel Toyota has donated more than $60,000 to Laurel, Md.-area nonprofit organizations.  “These organizations do so much for the community,” said Ted Neale, location general manager of CarMax Laurel Toyota.  “We’re proud to be able to say ‘thanks’ to those organizations that have had such a positive impact in our area.” Laurel-area organizations include...
 

CarMax Named to Training Magazine's Top 125
Company Makes List Fourth Consecutive Year RICHMOND, Va., Feb 09, 2011 (BUSINESS WIRE) --CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has been named for the fourth straight year to Training magazine's Training Top 125. CarMax came in at No. 32 this year. Training magazine, the leading business publication for learning and development professionals, annually selects 125 organizations that excel at associate development. These compan...
 

CarMax Foundation Awards $20,000 Grant to Texas Lions Camp
RICHMOND, Va. (February 7, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the Texas Lions Camp in Kerrville, Texas, near San Antonio, a $20,000 grant as part of the Foundation’s Regional Giving Program. Texas Lions Camp received the funds for comprehensive medical care and education for children with diabetes during the Summer Camp of 2011. Two week-long sessions will host approximately 450 Texas children with t...
 

CarMax Brings More Than 65 New Jobs to Baton Rouge, Louisiana
Retailer Known for Hiring Outside the Auto Industry Accepting Applications RICHMOND, Va. (February 4, 2011)—CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently recruiting for approximately 68 positions for the company’s new store in Baton Rouge.  The new 36,300-square-foot store opens on April 7, 2011 at 6768 Siegen Lane and is CarMax’s first store in Louisiana. Applications are now being accepted for the new positions on the retailer’s website at www.carmax...
 

CarMax Breaks Ground On New Store In Greater San Diego
RICHMOND, Va. (February 2, 2011)—CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has begun construction on a new CarMax superstore in Escondido, California.  The new store will be the second CarMax location in the Greater San Diego area; the first location opened in 2007 at 7766 Balboa Avenue in San Diego. The Escondido CarMax superstore is expected to open in mid 2011 and will provide approximately 50 to 75 jobs.  The 13,660-square-foot superstore will be built...
 

CarMax Board Elects New Directors
RICHMOND, Va., Jan 27, 2011 (BUSINESS WIRE) --CarMax, Inc. (NYSE:KMX) today announced that its board of directors has elected Rakesh Gangwal and Mitchell D. Steenrod to membership on the board, bringing its total board membership to 13. Both individuals will initially serve on the audit committee. Gangwal, 57, has held several executive roles and directorships at domestic and foreign companies during his more than 25-year career in the travel and tech...
 

CarMax Named One of the "100 Best Companies to Work For" by FORTUNE Magazine for the Seventh Consecutive Year
Company Hiring to Fill More Than 1,000 Positions Across U.S. RICHMOND, Va., Jan 20, 2011 (BUSINESS WIRE) --CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has been named by FORTUNE magazine as one of its 2011 "100 Best Companies to Work For." This is the seventh consecutive year CarMax has been named to the list. CarMax ranks No. 81 on the list for 2011. The list and related stories will appear in the February 7 issue of FORTUNE, avai...
 

First Annual CarMax Cares Community Service Award Winners Are Honored
CarMax Foundation Provides Grants to Ten Non-Profits on Behalf of Associates RICHMOND, Va. (January 19, 2011) - CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, announced today that The CarMax Foundation has recognized ten CarMax Associates for the first annual CarMax Cares Community Service Award. Associates across the country were nominated for the CarMax Cares Community Service Award for their volunteer efforts and leadership in CarMax donation drives and other communit...
 

Resolve to Save Money in 2011, CarMax Offers Fuel-Efficiency Tips
RICHMOND, Va. (January 17, 2011) — As another new year gets underway, recent reports show the cost of gasoline is on the rise for 2011.  To help stretch your dollar at the pump, CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has some helpful tips to get the most miles-per-gallon (MPG) from your ride. “As gas prices creep up, it’s important to remember we can make a difference in the fuel economy our vehicles get, regardless of what type of car we drive,” said ASE Ce...
 

CarMax Foundation Awards $10,000 Grant to Stanislaus Partners in Education in Modesto, Ca
RICHMOND, Va. (January 11, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation awarded Stanislaus Partners in Education (SPIE) in Modesto, Calif. a $10,000 grant as part of the Foundation’s Regional Giving Program. SPIE received the grant for the Teacher Internship program. Educators have the opportunity to spend at least 40 hours in business and industry to learn about current workplace requirements and trends. This valuable in...
 

CarMax Foundation Awards $5,000 Grant to Abilityfirst in Pasadena, California
RICHMOND, Va. (January 11, 2011)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded AbilityFirst in Pasadena, Calif. a $5,000 grant as part of the Foundation’s Regional Giving Program. AbilityFirst received the grant for the After School Enrichment Program that reaches children and young adults with disabilities at seven community centers in Southern California. Participants enhance their life skills, including cooking, e...
 

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