CarMax

CarMax Struggles to Build Inventory as Vehicle Shortage Continues
CarMax Struggles to Build Inventory as Vehicle Shortage Continues
September 30, 2021  |  Retail

Used car dealership chain CarMax said its inventory remains about 30% lower than it expected and down 15% year over year, cutting into vehicle availability...

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Today In Retail: Five Below Grows Instacart Partnership; Canada Goose Intends To Go Fur-Free
Today In Retail: Five Below Grows Instacart Partnership; Canada Goose Intends To Go Fur-Free
June 25, 2021  |  Retail

In today’s top retail news, Five Below has expanded its partnership with Instacart, while Canada Goose plans to end the use of fur in all...

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High Demand For Used Cars Drives CarMax To Record Quarter
High Demand For Used Cars Drives CarMax To Record Quarter
June 25, 2021  |  Retail

CarMax, the largest used car dealership chain in the U.S., is seeing a bright future, reporting record quarterly results amid the company’s push to expand...

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Dunkin’ Promotes Drive-Thru With CarMax Partnership
Dunkin’ Promotes Drive-Thru With CarMax Partnership
April 13, 2021  |  Retail

In the past 13 months, many quick-service restaurants (QSRs) have doubled down on drive-thru, after the channel’s success during the height of the pandemic. McDonald’s,...

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Today In Retail: Kohl’s Board Aims For Re-Election; reCommerce Platform Backflip Officially Launches
Today In Retail: Kohl’s Board Aims For Re-Election; reCommerce Platform Backflip Officially Launches
April 01, 2021  |  Retail

In today’s top retail news, Kohl’s present board is seeking re-election amid an activist challenge, while Backflip has left stealth mode and officially rolled out....

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CarMax Investing In Digital And Adding Stores As Finance Unit Soars
CarMax Investing In Digital And Adding Stores As Finance Unit Soars
April 01, 2021  |  Retail

CarMax, the country’s largest chain of over 200 used car dealerships, said Thursday (April 1) it planned to return capital investment to pre-pandemic levels with...

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The Push Toward A Digital-First Future In Retail And Commerce
The Push Toward A Digital-First Future In Retail And Commerce
December 23, 2020  |  Today In Data

CarMax’s Q3 earnings exhibited solid sales as the firm prepares for a push into the digital-first economy. In retail, the pandemic introduced much uncertainty into...

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Today In Retail: Past Macy’s CEO Anticipates More Store Closures, 46 Pct Of Americans Plan To Travel For December Holidays
Today In Retail: Past Macy’s CEO Anticipates More Store Closures, 46 Pct Of Americans Plan...
December 22, 2020  |  Retail

In today’s top retail news, former Macy’s CEO Terry Lundgren said he anticipates more store closings next year, while about half of Americans intend to...

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CarMax Earnings Show Healthy Digital-First Automotive Market
CarMax Earnings Show Healthy Digital-First Automotive Market
December 22, 2020  |  Retail

The automotive market continues to fire on all cylinders despite the pandemic as online and offline sales have either remained flat or trending up for...

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