CarMax

CarMax Says Consumers Want to Buy, Finance and Sell Their Cars Online
CarMax Says Consumers Want to Buy, Finance and Sell Their Cars Online
December 28, 2022  |  eCommerce

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...

READ MORE >
3 Real-Life Reminders That Consumers Love eCommerce, Connected Shopping
3 Real-Life Reminders That Consumers Love eCommerce, Connected Shopping
December 24, 2022  |  Connected Economy

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...

READ MORE >
CarMax Stock Skids in Q3 as Used Car Sales Sputter
CarMax Stock Skids in Q3 as Used Car Sales Sputter
December 22, 2022  |  Retail

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...

READ MORE >
CarMax Earnings Point to Shaky Used Car Market
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022  |  Economy

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...

READ MORE >
CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

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...

READ MORE >
Today in Retail: FedEx Sees Growth in eCommerce; CarMax Ups Customer Capabilities
Today in Retail: FedEx Sees Growth in eCommerce; CarMax Ups Customer Capabilities
June 24, 2022  |  Retail

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...

READ MORE >
CarMax Empowers Customers with Self-Progression Capabilities
CarMax Empowers Customers with Self-Progression Capabilities
June 24, 2022  |  Retail

At a time when the auto retail market has been getting hammered by rising interest rates and fuel costs, used auto retailer CarMax has put...

READ MORE >
Online Auto Platforms May Run out of Road Before Supply, Demand, Pricing Find Footing
Online Auto Platforms May Run out of Road Before Supply, Demand, Pricing Find Footing
April 22, 2022  |  Economy

For a while, the story surrounding the auto industry — particularly the online platforms — seemed simple. Lots of demand. Little supply. Skyrocketing prices, too,...

READ MORE >
Today in Retail: Albertsons Digital Sales Growth Slows to 5%; CarMax Falls Short of Earnings Estimate
Today in Retail: Albertsons Digital Sales Growth Slows to 5%; CarMax Falls Short of Earnings...
April 12, 2022  |  Retail

Today in retail, Albertsons digital sales growth slows, while CarMax fails to reach earnings estimates. Plus, Sephora’s chief technology officer looks forward to the “checkout...

READ MORE >