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December 28, 2009
CarMax Reveals Top Searched Used Vehicles For 2009
RICHMOND, Va. (Dec. 28, 2009) –CarMax, Inc. (NYSE: KMX) the nation’s largest retailer of used cars, reports the top ten searched used vehicles on carmax.com for 2009.  The Honda Accord retains the top spot for the fourth consecutive year.  For the past year, carmax.com averaged more than 5.5 million visits per month.*   The Jeep Wrangler and Chevy Silverado are new to the list this year, the remaining top searched used vehicles on carmax.com for 2009 are:     Honda...
 
December 21, 2009
Charleston, South Carolina CarMax Associates Wrap Up A Year Of Community Giving
RICHMOND, Va. (December 21, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that the Charleston, South Carolina CarMax location is participating in its fourth volunteer project of the year.  The volunteers are working with the Lowcountry Food Bank, which will receive a grant through The CarMax Foundation’s Volunteer Team-Builder program.    This is the second volunteer team-builder the Charleston team has done with Lowcountry Food Bank...
 
December 18, 2009
CarMax Reports Third Quarter Earnings
RICHMOND, Va., Dec 18, 2009 (BUSINESS WIRE) -- CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2009. Net sales and operating revenues increased 19% to $1.73 billion from $1.46 billion in the third quarter of last year. Comparable store used unit sales increased 8% for the quarter. Total used unit sales rose 9% in the third quarter. The company reported net income of $74.6 million, or $0.33 per diluted share, compared with a net loss of $21.9 mi...
 
December 14, 2009
CarMax Foundation Awards $16,500 Grant To Youth Network TV in Texas
RICHMOND, Va. (December 14, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Youth Network TV of Mansfield, Texas a $16,500 grant as part of the Foundation’s Regional Giving Program.   The grant is for the 2010 Youth Network TV programs. The organization, which is a youth education branch of Children’s Feeding Network, teaches young people the various aspects of video creation, script writing, video editing ...
 
December 14, 2009
Where's The Best Place To Buy A Used Car?
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December 08, 2009
CarMax Foundation Awards $5,000 Grant To Big Brothers Big Sisters Of San Diego County
RICHMOND, Va. (December 8, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Big Brothers Big Sisters of San Diego County a $5,000 grant as part of the Foundation’s Regional Giving Program.   Big Brothers Big Sisters of San Diego County received the grant for Operation Bigs, the organization’s one-to-one mentoring program that is located in all five elementary schools on Camp Pendleton Marine Corps Base. ...
 
December 01, 2009
Prepare Your Car For Winter Weather With Tips From CarMax
RICHMOND, Va. (December 1, 2009) - As winter approaches, CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, offers advice on how to ensure that your car is ready for the cold weather. “The harsh winter weather can expose hidden problems that have developed during the previous seasons,” said Tom Damon, CarMax ASE Master Technician. “Remember to perform all preventive maintenance services as recommended by the manufacturer to avoid costly repairs.” CarMax’s automotive ser...
 
November 23, 2009
CarMax Foundation Awards $6,500 Grant To AIDS Foundation Houston
RICHMOND, Va. (November 23, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the AIDS Foundation Houston a $6,500 grant as part of the Foundation’s Regional Giving Program.   The AIDS Foundation Houston received the grant for its Teen Leadership Forum. This week-long event allows young people living with HIV to network with community leaders, local professionals, and other teens facing the same challenges.&n...
 
November 13, 2009
CarMax Reports Top Ten Searched Vehicle Features
RICHMOND, Va. (Nov. 13, 2009) – CarMax, Inc. (NYSE: KMX) the nation’s largest retailer of used cars, reports the top ten vehicle features searched for on carmax.com in October.  Leather seats top the list as the most desired feature among carmax.com consumers.   “Car shoppers often know the vehicle options that are most important to them, but with so many choices, sometimes they may not know which features are offered on certain vehicles,” said Ann Yauger, director of carmax.com. “Th...
 
November 03, 2009
CarMax Receives Business Of Integrity Award From Upstate South Carolina Better Business Bureau
RICHMOND, Va. (November 3, 2009) — CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has received the 2009 Business of Integrity Award for Marketplace Ethics by the Board of Directors and Education Foundation of the Upstate South Carolina Better Business Bureau.  CarMax has a store in Greenville, South Carolina located at 2800 Laurens Road.   “Our business model is built on transparency and ethical standards,” said Steve Reed, location general manager of the CarMa...
 
November 03, 2009
CarMax Honored As A Howard County Healthy Workplace
RICHMOND, Va., (November 3, 2009) – CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has been designated as a Howard County Healthy Workplace with a Silver Certificate by the Howard County Health Department in Maryland.  This was the first year the Howard County Health Department honored organizations with a commitment to overall health. “Striving to create a healthy workplace for our associates remains a top priority,” said Tom Marcey, Mid-Atlantic regional vice pre...
 
November 02, 2009
Price and Reliability are Top Factors for Women Car Shoppers, According to CarMax Survey
Space Ranks High with Moms RICHMOND, Va. (November 2, 2009) – When choosing a car to buy, more than 60 percent of women selected price and reliability as the most important factors, according to a recent survey conducted for CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. Space was noticeably more important for women with children under age eighteen. A majority of respondents chose price (33 percent), while 29 percent picked reliability over both fuel efficiency and s...
 
October 28, 2009
CarMax Foundation Awards $10,000 Grant to Ability First in Pasadena, California
RICHMOND, Va. (October 28, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded AbilityFirst of Southern California a $10,000 grant as part of the Foundation’s Regional Giving Program. AbilityFirst received the grant for the After School Enrichment Program, which currently serves more than 400 young people ages five to 22 who have a wide variety of developmental and physical disabilities. Each program participant t...
 
October 23, 2009
CarMax Foundation Awards $5,000 Grant to Boy & Girls Club of North California
RICHMOND, Va. (October 23, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the Boys & Girls Club of North Alabama a $5,000 grant as part of the Foundation’s Regional Giving Program. The Boys & Girls Club received the funds for the Goals for Graduation program. This program is for club members ages six through 15 and encourages them to set academic goals, no matter how large or small. These goals develo...
 
October 22, 2009
CarMax Foundation Awards $15,000 Grant to Boys & Girls Clubs of Metro Atlanta
RICHMOND, Va. (October 22, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the Boys & Girls Clubs of Metro Atlanta a $15,000 grant as part of the Foundation’s Regional Giving Program. The Boys & Girls Clubs received the funds for the Power Hour homework and tutoring program. This program offers a structured environment for all club members, ages six to 18, to complete their homework and ask for one-on-...
 
October 22, 2009
CarMax Awards Two Automotive Scholarships Recipients Residents of Lawrenceville, Georgia and Bolingbrook, Illinois
RICHMOND, Va. (October 22, 2009) – CarMax, Inc., (NYSE: KMX), the nation’s largest retailer of used cars, announced today that two high school graduates each received a $2,000 CarMax Service Operations Scholarship. The scholarship was established to benefit students interested in pursuing a career in Automotive Technology or Auto Collision. The recipients of the scholarships are: Donovan Brads, a student at Nashville Auto Diesel College in Nashville, Tennessee originally from Lawrenceville, ...
 
October 14, 2009
CarMax Says Online Searches for Sports Cars have Increased Ford Mustang Grabs Top Spot for Car Searches on Carmax.com
RICHMOND, Va. (October 14, 2009) – Online searches for sports cars on carmax.com have increased since August, reports CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. According to carmax.com, online searches for sports cars increased six percent in September from the previous month. The most searched car on carmax.com for the month of September was the popular Ford Mustang sports car. Rounding out the top five searched sport cars were: 1. Ford Mustang 2. Chevrolet C...
 
October 13, 2009
Career Changes and Children Likely to Prompt Women to Purchase a Car, According to CarMax Survey
RICHMOND, Va. (October 13, 2009) – For women, purchasing a car can often be triggered by major life events, particularly changes in employment and family, according to a recent survey conducted for CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. Sixty percent of women surveyed indicated that a change in their career, whether it was a new job (37 percent) or retirement (23 percent), would be most likely to initiate the purchase of a vehicle. However, for women between th...
 
October 05, 2009
CarMax Foundation Awards $4,000 Grant to North Carolina's Rape Crisis Center of Catawba County
RICHMOND, Va. (October 5, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the Rape Crisis Center of Catawba County, North Carolina a $4,000 grant as part of the Foundation’s Regional Giving Program. The Rape Crisis Center of Catawba County received the funds for the Teens Emerge program. Teens who have been the victim of sexual violence have the opportunity to participate in various retreats and a service lear...
 
September 28, 2009
Buying a Car is a Hassle for Women Quick Transaction and Fair Price, Among Most Lacking in Recent CarMax Poll
RICHMOND, Va. (September 28, 2009) – Buying a car is 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, a fourth of the women who responded felt a quick and effortless transaction was most missing, according to a new survey of more than 500 women. Fair, low pricing and having a trustworthy salesperson were also cited as the other top factors missing when buying a...
 
September 25, 2009
CarMax Advises How to Avoid Flood-Damaged Cars
RICHMOND, Va. (September 25, 2009)—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. “Consumers should be aware that some businesses and individuals may try to sell salvaged and flood-damaged cars without revealing the vehicle history,” said Jason Day, Atlanta region vice president of purchasing for CarMax. “Flood-damaged cars that are not structurally or mechanically...
 
September 22, 2009
CarMax 2Q profit soars
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September 22, 2009
CarMax Reports Record Quarterly Earnings
RICHMOND, Va.--(BUSINESS WIRE)--Sep. 22, 2009-- CarMax, Inc. (NYSE:KMX) today reported results for the second quarter ended August 31, 2009. Net sales and operating revenues increased 13% to $2.08 billion from $1.84 billion in the second quarter of last year. Comparable store used unit sales increased 8% for the quarter. Total used unit sales rose 10% in the second quarter. Net income increased to $103.0 million, or $0.46 per diluted share, compared with $14.0 million, or $0.06 per dil...
 
September 14, 2009
CarMax Receives Perfect Score on Corporate Equality Index Used Car Retailer Recognized for Commitment to Equality Second Consecutive Year
RICHMOND, Va. (September 14, 2009) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has achieved a perfect score on the Human Rights Campaign (HRC) Foundation’s annual Corporate Equality Index (CEI). The CEI measures workplace equality for the lesbian, gay, bisexual and transgender (LGBT) community. As part of this recognition, CarMax is also listed as an HRC “Best Place to Work for LGBT Equality” and in their annual “Buying for Equality” resource guide. “We are once a...
 
August 13, 2009
CarMax Reports Black Most Popular Car Color in Online Searches
RICHMOND, Va. (Aug. 13, 2009) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, reports that black remains the most popular color for used vehicle searches conducted on carmax.com. This mirrors a similar account from February 2008 when black was first reported to be the most popular vehicle color search choice. Used car shopper’s top five color choices in July were: Color Choice July 2009 Black 1 White 2 Blue 3 Silver 4 ...
 
August 03, 2009
CarMax Laurel Toyota Donates More Than $50,000 to Laurel, Maryland Organizations
RICHMOND, Va. (August 3, 2009) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that CarMax Laurel Toyota has donated more than $50,000 to Laurel, Maryland area nonprofit organizations. “We are proud to support these worthwhile organizations,” said Ted Neale, location general manager of CarMax Laurel Toyota. “Whether it's helping the homeless, saving endangered animals and abandoned pets, or empowering young people to succeed, these programs are changin...
 
July 28, 2009
The CarMax Foundation Awards $10, 000 Grant to Richmond-Area Boys&Girls Club's Camp Funds Granted in Honor of 250 Associate Volunteers
RICHMOND, Va. (July 28, 2009) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation awarded $10,000 to the Boys & Girls Clubs of Metro Richmond for Camp Little Hawk. The grant is on behalf of the approximately 250 Home Office associates who volunteered with the organization throughout June and July. Volunteer projects included literacy and craft projects at various clubs and also assisting with Camp Little Hawk events. The camp...
 
July 24, 2009
Carmax Associate Helps Strained Customer, Win Company Award
RICHMOND, Va. (July 24, 2009) — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, is pleased to announce that Rob Franzone and Chris Peterson have been awarded the CarMax “Above and Beyond” award. Peterson, a Sales Consultant, and Frazone, a Technician, at the CarMax store located at 3320 Odyssey Avenue, in Naperville, Illinois were honored for changing a difficult flat tire for a stranded customer. Chris Peterson had the day off on April 8, 2009 when he decided to come i...
 
July 21, 2009
CarMax Associate Saves Child from Danger, Wins Above and Beyond Awards
RICHMOND, Va. (July 21, 2009) — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used vehicles, is pleased to announce that Lee Murphy has been awarded the CarMax “Above and Beyond” award. Murphy, a Sales Consultant at the CarMax store located at 4100 East Inland Empire Boulevard in Ontario, California was honored after coming to the aid of a small child. On May 9, 2009, as Lee Murphy was returning from a test drive, he noticed a small child running toward an intersection. He had t...
 
July 21, 2009
CarMax Associate Goes Above and Beyond for Customer, Wins Company Award
RICHMOND, Va. (July 21, 2009) —CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used vehicles, is pleased to announce that George Marrow has been awarded the CarMax “Above and Beyond” award. Marrow, a Sales Consultant at the CarMax store located at 101 North Wolf Road in Hillside, Illinois was honored for helping a customer renew his license. In April 2009, a customer came to purchase a CarMax vehicle but found his license had expired. Marrow took the customer to the Department of ...
 
July 20, 2009
Used cars grab Utah motoring spotlight
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July 20, 2009
Mileage is Seen as the Top Reason for a Car's Depreciation Over Accident Damage, According to Survey for Carmax
RICHMOND, Va. (July 20, 2009) – Americans see mileage as the main factor when it comes to causing a car’s value to depreciate, according to an online survey conducted for CarMax, Inc., the nation’s largest retailer of used cars. Frame damage and not keeping up with regular maintenance were other major factors, according to the survey. Additionally, women were more likely than men to say failing to keep up with regular maintenance leads to vehicle depreciation.  CarMax’s car buying team m...
 
July 13, 2009
Carmax Reports Increased Online Searches for Hybrid and Diesel Vehicles as Consumers hit the Road this Summer
RICHMOND, Va. (July 13, 2009) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, reports that searches on carmax.com for hybrid vehicles has risen four percent in June over May while diesel vehicle searches rose seven percent over the same time period. Visits to the Fuel Economy section of carmax.com have risen 17 percent over May as consumers look for ways to improve their gas mileage. Searches on carmax.com for hybrid vehicles have continued to rise for the past several ...
 
July 06, 2009
CarMax Summer League gives 17-and-unders, community, nice shot
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June 25, 2009
The CarMax Foundation Awards Grant for Richmond Summer Basketball League
RICHMOND, Va. (June 25, 2009) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has announced that The CarMax Foundation awarded a $35,000 grant to the Richmond Recreation and Parks Foundation for the third season of the CarMax Summer Basketball League. The league kicked-off last night. Games are held at the Pine Camp Arts and Community Center, located at 4901 Old Brook Road. This is the third year that the Richmond Department of Parks, Recreation and Community Faciliti...
 
June 19, 2009
CarMax Reports First Quarter Results
RICHMOND, Va.--(BUSINESS WIRE)--Jun. 19, 2009-- CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2009. Net sales and operating revenues decreased 17% to $1.83 billion from $2.21 billion in the first quarter of last year. Comparable store used unit sales declined 17% for the quarter. Total used unit sales decreased 13% in the first quarter. Net earnings decreased 3% to $28.7 million, or $0.13 per diluted share, compared with $29.6 million, or $0.13 per ...
 
June 19, 2009
CarMax Reports First Quarter Results
RICHMOND, Va.--(BUSINESS WIRE)--Jun. 19, 2009-- CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2009. Net sales and operating revenues decreased 17% to $1.83 billion from $2.21 billion in the first quarter of last year. Comparable store used unit sales declined 17% for the quarter. Total used unit sales decreased 13% in the first quarter. Net earnings decreased 3% to $28.7 million, or $0.13 per diluted share, compared with $29.6 million, or $0.13 per ...
 
June 08, 2009
CarMax makes finding a Crossover Vehicle on CarMax.com as easy as a click of the Mouse
RICHMOND, Va. (June 8, 2009) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, added the crossover vehicle type in mid-April as a specific searchable term on carmax.com.  Clicks to the new vehicle type have increased during its first month of availability.  Crossovers are vehicles that combine the utility and space of an SUV or minivan with the drive and handling ease of a sedan.  Crossovers often have a lower roof height than a typical SUV or minivan and gen...
 
June 03, 2009
CarMax Awarded Maryland "WorkPlace Excellence" Seal of Approval for Fifth Consecutive Year
RICHMOND, Va., (June 3, 2009) – CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has received the 2009 Workplace Excellence Award for the fifth consecutive year. CarMax, which has more than 1,200 associates in the greater Washington, D.C. area, was selected for this award by the Alliance for Workplace Excellence. “CarMax strives to provide an ethical, honest and transparent car-buying experience and this begins with each of our associates,” said Tom Marcey, Mid-Atlantic ...
 
June 01, 2009
CarMax Kicks Off Month-Long Volunteer Efforts Across the United States
RICHMOND, Va. (June 1, 2009) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today kicks off volunteer efforts across the United States to support the communities where our associates live and work. During June, hundreds of CarMax associates are volunteering in teams for non-profit organizations, such as Boys and Girls Clubs, Special Olympics and Habitat for Humanity. More than 50 volunteer teams are dedicating their time and energy throughout the month of June with b...
 
May 26, 2009
Practicality and Basic Transportation Needs Effect Today's Car Drivers, According to Survey
RICHMOND, Va. (May 26, 2009) – Practical vehicles that provide basic transportation are the way drivers in today’s economy view their cars, according to an online survey conducted for CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. The overwhelming choice when asked: Thinking about your car, would you say that it…was “gets me from point A to point B,” with 71 percent of the votes. Having a car that can “do it all without breaking the bank” also ranked high among those p...
 
May 14, 2009
CarMax Says Online Searches for Sports Cars in April Zoomed in Popularity Ford Mustang Lands No. 1 Spot for Searches on Carmax.com
RICHMOND, Va. (May 14, 2009) – Online searches for sports cars on carmax.com have been steadily increasing since January reports CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. According to carmax.com, car shoppers searching online for sports cars increased six percent in April from the previous month. Online sports car searches are up eight percent over January’s figures. The No. 1 searched car on carmax.com for April was the popular Ford Mustang sports car. This was t...
 
May 12, 2009
CarMax Foundation Awards to Richmond area Organizations
RICHMOND, Va. (May 12, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded $40,000 in grants to Richmond area nonprofit organizations. The grants are for programs that focus on education and youth leadership. “Each of these organizations offers assistance and support to youth and families in the Richmond area,” said Dodie Fix, president of The CarMax Foundation and assistant vice president of procurement. “The Car...
 
May 08, 2009
CarMax Receives Award of Distinction from Houston Better Business Bureau
RICHMOND, Va. (May 8, 2009) — 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. There are four CarMax store locations in the Greater Houston, Texas area. “We are delighted to have been chosen among the most ethical companies in Houston,” said Donna Wassel, Southwest region vice president of CarMax. “We are a company that upholds the highest integrity in a...
 
April 28, 2009
CarMax Auto Finance Hiring for 50 Positions Financial Services Division of CarMax Accepting Applications for Call Center
RICHMOND, Va. (April 28, 2009) - CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently recruiting for 50 positions for the company’s financial call center in Kennesaw, Georgia, a suburb of Atlanta. CarMax is accepting applications for the new positions on the CarMax Auto Finance website. A FORTUNE 2009 “100 Best Companies to Work For,” CarMax offers a fun and diverse workplace with both full and part-time positions available for people with outstanding customer s...
 
April 27, 2009
CarMax Wins Torch Awards from Atlanta Better Business Bureau
RICHMOND, Va. (April 27, 2009)—CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has won the Torch Awards for Business Ethics and Community Service from the Metro Atlanta, Athens and Northeast Georgia Better Business Bureau for the fourth year in a row. CarMax has five CarMax Auto Superstores in the Greater Atlanta region, a CarMax Car Buying Center, and CarMax Auto Finance, the credit division that supports financing for all CarMax stores nationwide. “We are once again h...
 
April 27, 2009
CarMax Hiring for 65 Positions in DC/Baltimore Area Retailer Known for Hiring Outside the Auto Industry Accepting Sales Consultant Applications
RICHMOND, Va. (April 27, 2009)—CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, is currently recruiting for approximately 65 sales consultant positions in the Washington, D.C. and Baltimore, Maryland area. Automotive experience is not necessary. Full and part-time sales positions are available at the following CarMax locations: Dulles – 45210 Towlern Place, Sterling, VA Potomac Mills – 2350 Research Court, Woodbridge, VA Laurel – 8800 Freestate Drive, Laurel, MD Ro...
 
April 20, 2009
As the Weather Warms, Searches for Convertibles heat Up
Convertibles, Sunroofs Rise in Online Search Popularity         RICHMOND, Va. (April 20, 2009) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, reports that searches for convertibles and used cars with sunroofs increased on carmax.com in March. According to carmax.com, searches for convertibles were up 28 percent since December. Searches for used cars with sunroofs during the same time period had a 15 percent increase. Warmer weather means car sh...
 
April 16, 2009
Carmax Provides Tips to "Spring" your Car into Shape
Rid Your Car of the Winter Blues With Some Spring Cleaning   RICHMOND, Va. (April 16, 2009) – Is your car tired of the winter blues? With a little love and tender care, your ride can be ready for spring in no time. CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, and its master technicians, offer advice on how to spruce up your car for spring during National Car Care month. “Spring is one of the most critical times for vehicle maintenance,” said Tom Damon, ASE Mast...
 
April 15, 2009
CarMax Urges Congress to Include Used Vehicles in Cash for Clunkers Legislation: Nation’s Largest Used Car Retailer Says More Americans Will Benefit
RICHMOND, Va. (April 15, 2009)—CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, is urging Congress to include used vehicles in the “Cash for Clunkers” legislative proposals. By including used vehicles, this legislation is better positioned to promote fuel efficiency, save jobs, and help more Americans afford a car. One legislative proposal that does include used cars is S. 247, sponsored by Senators Feinstein, Schumer, and Collins. “More people will be able to participat...
 
April 02, 2009
CarMax Reports Fourth Quarter and Fiscal Year 2009 Results
RICHMOND, Va.--(BUSINESS WIRE)--Apr. 2, 2009-- CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2009. Total sales decreased 28% to $1.47 billion from $2.04 billion in the fourth quarter of fiscal 2008. For the fiscal year, total sales decreased 15% to $6.97 billion from $8.20 billion in fiscal 2008. Comparable store used unit sales declined 26% for the fourth quarter and 16% for the fiscal year. Total used unit sales decreased 21% i...
 
March 25, 2009
CarMax Foundation Awards $ 5,000 Grant to Encourage Tomorrow in Fresno, California
RICHMOND, Va. (March 25, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Fresno area’s Encourage Tomorrow a $5,000 educational grant as part of the Foundation’s Regional Giving Program. Encourage Tomorrow received the grant for the Pathways to Success for Youth Program, which will enroll 20 Hispanic female students. The participants attend classes designed to promote financial literacy and provide experiences ...
 
March 25, 2009
CarMax Foundation Awards $ 10,000 Educational Grant to Chicago Area Runners Association
RICHMOND, Va. (March 25, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Chicago Area Runners Association a $10,000 educational grant as part of the Foundation’s Regional Giving Program. Chicago Area Runners Association (CARA) received the grant for the CARA Road Scholars program. The teenagers participating in the program train for the Rock –N- Roll Chicago Half Marathon while learning lifelong lessons about ...
 
March 24, 2009
Let CarMax do the Online Car Shopping for You Announcing New Carmax.com Email Alert Feature
RICHMOND, Va. (March 24, 2009) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announces the new Email Alert feature on carmax.com. This option provides customers with more control and flexibility during their online car shopping experience. The new feature allows customers to receive emails when specific vehicles they are searching for become available in the CarMax inventory. Consumers can receive the notifications in real-time, since the vehicle inventory on carmax.com...
 
March 16, 2009
CarMax Foundation Awards $ 18,876 Grant to Special Olympics Florida in the Tampa Area
RICHMOND, Va. (March 16, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Special Olympics Florida, Hillsborough County an $18,876 educational grant as part of the Foundation’s Regional Giving Program. Special Olympics Florida received the grant for the 2009 Competition and Training Programs in Hillsborough County. These programs work with more than 600 youth athletes in Hillsborough County preparing them for l...
 
March 10, 2009
Carmax Wins Gallup Great Workplace Award for Second Year
RICHMOND, Va. (March 10, 2009) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has received the 2009 Gallup Great Workplace Award, which honors companies that have demonstrated they are among the most productive workforces in the world. This is the second consecutive year CarMax has been honored with this award by the Gallup Organization. “We are honored once again to receive the Gallup Great Workplace Award,” said Tom Folliard, president and chief executive offic...
 
February 26, 2009
CarMax Grand Opens 100th Store in Potomac Mills
The CarMax Foundation Donates Books to Honor Celebration   RICHMOND, Va. (February 26, 2009) - CarMax, Inc., (NYSE: KMX), the nation’s largest retailer of used cars, officially opened its 100th store today. To celebrate, The CarMax Foundation donated a set of books to Reading Is Fundamental programs located near each of CarMax’s 100 stores. Yorkshire Elementary School in Manassas received a set of books on behalf of the new Potomac Mills store, which is located at 2350 Research Court in W...
 
February 25, 2009
Carmax Foundation Awards $ 5,000 Grant to Sacramento Food Bank and Family Services
RICHMOND, Va. (February 25, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Sacramento Food Bank and Family Services a $5,000 educational grant as part of the Foundation’s Regional Giving Program. The Sacramento Food Bank and Family Services received the grant for the After School Programs Educational Software Project. The youth participating in the after school programs are provided with a safe environment an...
 
February 20, 2009
CarMax Grants Help Kids with Special Needs
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February 19, 2009
Affordability and Quality are Top Factors for Today's Car Shoppers, According to Survey
RICHMOND, Va. (February 19, 2009) – Given the current economic conditions, affordability and quality were chosen as the two most important factors driving the majority of vehicle purchases in a recent survey conducted for CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. When given one choice, fifty-six percent of those surveyed chose affordability as the most important consideration in their next vehicle purchase, while quality came in second, selected by 17 percent of r...
 
February 16, 2009
Carmax Foundation Awards Educational Grants in Colorado Springs Area
RICHMOND, Va. (February 16, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded grants to Colorado Springs-area organizations as part of the Foundation’s Regional Giving Program. The Colorado Springs-area grants include: Special Kids Special Families - $10,000 for The Gift of Time Project. This program gives special needs young people an opportunity to be actively involved in improving their community and buil...
 
February 13, 2009
CarMax Foundation Awards $ 5,000 Grant to Camp Holiday Trails Charlottesville
RICHMOND, Va. (February 13, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Camp Holiday Trails in Charlottesville a $5,000 grant as part of the Foundation’s Regional Giving Program. Camp Holiday Trails received the grant to support its Family Camp Week, which is a time of encouragement and support for families that have a child with special medical needs. The camp offers traditional camp activities along with...
 
February 13, 2009
CarMax Foundation Awards Educational Grants to Richmond-Area Organizations
RICHMOND, Va. (February 13, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded grants to Richmond-area organizations as part of the Foundation’s Regional Giving Program. The Richmond-area grants include: Youth Life Foundation of Richmond - $10,000 to support the Summer Academic and Character Development Program. Certified teachers, interns, and trained mentors work with at-risk youth during the summer to prep...
 
February 13, 2009
CarMax Foundation Awards $ 30,000 Educational Grant to Texas Children's Hospital
RICHMOND, Va. (February 13, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the Texas Children’s Hospital in Houston a $30,300 educational grant as part of the Foundation’s Regional Giving Program. The Texas Children’s Hospital received the grant for the Bridges program, which assists children who have autism. Each child is given individual attention and the program takes an educational approach, allowing the ...
 
February 12, 2009
Carmax Foundation Awards Educational Grants in Las Vegas
RICHMOND, Va. (February 12, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded grants to Las Vegas-area organizations as part of the Foundation’s Regional Giving Program. The Las Vegas-area grants include: Nevada Child Seekers - $5,000 for the Abduction and Exploitation Prevention Education Program. This program works with students of all ages teaching them practical skills to identify and prevent a potential...
 
February 12, 2009
CarMax Named to Training Magazine's Top 125
RICHMOND, Va. (February 12, 2009) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has been named for the second consecutive year to Training magazine’s Training Top 125. CarMax came in this year at number fifty-seven. The company made its debut on the prestigious list last year. Training magazine, the training industry’s premiere publication, annually selects 125 organizations that excel at associate development. These companies are chosen based on criteria such as be...
 
February 10, 2009
Carmax Foundation Awards $ 7,000 Grant to North Carolina's Catawba County Hispanic Ministry
RICHMOND, Va. (February 10, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the Catawba County Hispanic Ministry a $7,000 grant as part of the Foundation’s Regional Giving Program. The Catawba County Hispanic Ministry received the grant to support its Civic Awareness and Advocacy Initiative. This program works with middle and high school youth to educate them on civic responsibility and diversity acceptance. ...
 
February 10, 2009
Carmax Foundation Awards $ 15,000 Grant to Columbus-Area Communities in Schools
RICHMOND, Va. (February 10, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Communities in Schools in Columbus, Ohio a $15,000 grant as part of the Foundation’s Regional Giving Program. Communities in Schools received the grant for Exceptional Leaders Inspired Through Excellence (ELITE) programming. The ELITE program meetings throughout the school year are led by adult mentors, particularly positive African-Am...
 
February 05, 2009
Carmax Foundation Awards Educational Grants to Omaha-Area Organizations
RICHMOND, Va. (February 5, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded grants to Omaha-area organizations as part of the Foundation’s Regional Giving Program. The Omaha-area grants include: Boys Town - $10,000 for Reading is FAME computer software. This reading curriculum works with middle and high school-aged youth to improve their literacy skills. The courses allow the students to use technology to p...
 
February 03, 2009
Top Car Buyer Regret is Overpaying for a New Car that Depreciated, According to Survey
RICHMOND, Va. (February 3, 2009) – Paying too much for a new car that depreciated is a top regret of many car buyers, according to a recent survey conducted for CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars. Twenty-six percent of those surveyed who had purchased a car believe they overpaid for a new car, while 22 percent of purchasers admitted to not doing enough research when buying a vehicle. Another bad decision is purchasing from an untrustworthy source, a mistake ...
 
February 03, 2009
CarMax Foundation Awards Educational Grants in Modesto, California
RICHMOND, Va. (February 3, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded grants to Modesto-area organizations as part of the Foundation’s Regional Giving Program. The Modesto-area grants include: Stanislaus Partners in Education - $10,000 for career education grants. These grants are available to teachers in Stanislaus County to promote student participation in career development activities. Elementary s...
 
January 29, 2009
Many, many thanks: CarMax did much more than repair our car
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January 22, 2009
CarMax Named One of the "100 Best Companies to Work For" by Fortune Magazine for the Fifth Straight Year
RICHMOND, Va. (January 22, 2009) - CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has been named by FORTUNE magazine as one of its 2009 “100 Best Companies to Work For.” This is the fifth consecutive year CarMax has been named to the list. CarMax ranks No. 31 on the list for 2009. The list and related stories will appear in the February 2 issue of FORTUNE, available on newsstands January 26, 2009 and at www.fortune.com on January 22. “Our associates’ dedication and inn...
 
January 20, 2009
CarMax Launches New Advanced Search Tool
Advanced Search Offers New Way to Search CarMax’s Thousands of Vehicles Online     RICHMOND, Va. (January 20, 2009) – CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, recently announced the availability of an Advanced Search tool on carmax.com. The new, optional Advanced Search is for the car shopper who wants to enter multiple criteria into one search right from the start. For example, a shopper can select any combination of makes, features, colors and more...
 
January 14, 2009
CarMax Foundation Awards $ 5,600 Educational Grant to American Cancer Society in Albuquerque
RICHMOND, Va. (January 14, 2009)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded the American Cancer Society in Albuquerque a $5,600 grant as part of the Foundation’s Regional Giving Program. The American Cancer Society received the grant to support its 2009 Youth Leadership Retreat. This overnight retreat educates high school students on the services that the American Cancer Society offers to cancer patients and th...
 
January 13, 2009
CarMax Wins Torch Award for MarketPlace Integrity from Better Business Bureau in Central Virginia
RICHMOND, Va. (January 13, 2009)—CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has received the Torch Award for Marketplace Integrity from the Better Business Bureau (BBB) in Central Virginia. Businesses who achieve this honor have demonstrated ethical management, advertising and sales practices, are respected in their industry, and give back to their community. CarMax is also the recipient of the 2008 BBB International Torch Award for Marketplace Excellence, awarded by t...