CarMax is the largest used-car retailer but working to reboot its operations. While high prices for cars and trucks affect the entire industry, CarMax's unique business mix can help it navigate the ...

Morgan Stanley downgrades CarMax's stock just a month after saying there was hope for the used-car retailer CarMax's trajectory has worsened due to increased competition and ongoing strategy problems, ...

RICHMOND, Va. -- Days after laying off hundreds of employees amid a declining stock price and faltering earnings, CarMax is now making a big change at the top of its c-suite. The Goochland-based used ...

The used car market is shifting. Recent news from used car retailers Carvana and CarMax tells the story of two car industries in one. On the one hand, you have Carvana, the online retailer that allows ...

GOOCHLAND COUNTY, Va. (WRIC) — CarMax, the used car retailer headquartered in the metro Richmond area, announced Thursday that its chief executive officer (CEO) is stepping down next month after more ...

CarMax (KMX) on Thursday said that David McCreight has been named Interim President and Chief Executive Officer. Concurrently with McCreight’s appointment, current Chair of the Board Tom Folliard, an ...

Member of the Board David McCreight Named Interim President and CEO; Chair of the Board, Tom Folliard, to be Interim Executive Chair of the Board Search for Permanent CEO Underway Provides Preliminary ...

Amid forecasts of dismal third quarter earnings, Bill Nash is out as president and CEO at national used-vehicle retailer CarMax, even as its chief rival, Carvana, marked record quarterly results. Nash ...

CarMax (KMX) saw its stock plunge 13% at the market open after the nation's largest used-car retailer announced the abrupt departure of its CEO and offered up a grim preliminary outlook for its fiscal ...

CarMax Inc. is laying off hundreds of customer experience center employees, about a month after the used-car retailer disappointed Wall Street with weak earnings. The Richmond, Virginia-based ...

RICHMOND, Va. — CarMax announced this week it would eliminate approximately 350 Customer Experience Center (CEC) jobs nationwide. The Goochland-based used car company said about two dozen people ...

A CarMax store in Colma, Calif. CarMax no longer represents the large-cap space, S&P Dow Jones said. Two newcomers that will soon be spun off from a couple of industrial heavyweights are part of the ...