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CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of October 2022, CarMax operates 238 locations. [3]
In 1998, CarMax brought a lawsuit against Republic for copyright and trademark infringement. [14] CarMax received a $50 million jury award in its lawsuit, but it was overturned on appeal in 1998. [10] In April 1998, competitor Drivers' Mart was purchased for $40 million.
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Columbia is the capital city of the U.S. state of South Carolina.With a population of 136,632 at the 2020 census, it is the second-most populous city in South Carolina. [7] The city serves as the county seat of Richland County, and a portion of the city extends into neighboring Lexington County.
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In 1997, Columbia annexed the mall property, thus bringing the tax revenues into the city. [4] Shortly after this event, the facility underwent a redevelopment by the owner adding 18,000 sq ft (1,700 m 2). [5] In late 2014, Belk announced it would shutter the Dutch Square location to focus on a new flagship location in the Columbia area.
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