Used car retailer CarMax laid off about 4% of its corporate staff, or 145 employees, as part of “running leaner,” the company said in a Monday (Sept. 21) report by Bloomberg. “These changes will help ...

About 60 Richmond-area employees were among the 145 workers hit by layoffs at Fortune 500 used car retailer CarMax Friday. The company, which is based in Goochland County, informed the affected 145 ...

GOOCHLAND COUNTY, Va. (WRIC) — CarMax will lay off more than 145 corporate employees, with 60 being in the Goochland County office, a spokesperson confirmed. On Friday, Sept. 18, a CarMax spokesperson ...

GOOCHLAND COUNTY, Va. — CarMax has laid off approximately 145 corporate employees, with about 60 of those positions cut from the Richmond area. The used car retailer said this week the workforce ...

CarMax’s near-term turnaround strategy is to sacrifice some gross profit per unit, reduce average retail prices, and at the same time, increase its marketing spend. To compensate for those moves, ...

CarMax (KMX) reported earnings above views for the fourth quarter on Tuesday. But CarMax stock plunged below a key level. The Carvana (CVNA) rival reported higher used car sales but decreasing profits ...

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CarMax KMX-3.65%decrease; down pointing triangle thinks it has some answers to the auto industry’s affordability crisis: lower prices for used cars, more older, higher-mileage vehicles for sale, and ...

April 14 (Reuters) - Used car retailer CarMax (KMX.N), opens new tab reported a fourth-quarter loss on Tuesday, hurt by a goodwill impairment charge and shrinking margins from used vehicles. Shares of ...

CarMax KMX-1.74%decrease; down pointing triangle will add two members to its board following discussions with activist investor Starboard Value, which agreed to withdraw its director nominations ahead ...

As the company’s antitrust trial continues, one incident involving an amphitheater shows how it clashed not with another industry titan, but a small city. Irvine, a city of 300,000 about an hour’s ...