CarMax

CarMax Struggles to Build Inventory as Vehicle Shortage Continues

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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