The used car market is seeking stability against ongoing macro headwinds, as seen in the fiscal 2023 fourth-quarter performance of CarMax, the nation’s largest used...
CarMax is rolling out artificial intelligence (AI)-powered vehicle inspection systems across its wholesale business. The used car retailer has partnered with AI technology company UVeye...
Online car buying, where digital tools handle the tedious stuff, is remaking automotive checkout experiences. This was the takeaway from a conversation for PYMNTS’ Commerce...
The economy may be struggling, but consumers still want the convenience of eCommerce and tech-powered shopping. From sneakers to cars to groceries, shoppers showed us...
An 86% drop in profits and 22% slump in used car sales saw CarMax stock slump sharply in early trading. This, as the nation’s largest...
CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...
Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...
Today in retail, U.S. senators are trying again to get support for Payment Choice Act, while H&M closes its Shanghai, China, flagship location amid supply...