Social commerce is good for brand recognition, but strains inventory levels. Plus, CarMax is fighting car shortages as more consumers explore online vehicle purchases, and...
In today’s top retail news, CarMax says its inventory is much lower than the company would like amid a shortage of new vehicles and high...
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...
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...
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...
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,...
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....
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...
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...