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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]
CarMax auto superstore in Raleigh, North Carolina. CarMax is a used car auto superstore concept developed in 1991 at Circuit City by Austin Ligon, then Circuit City's Senior VP of Planning, and Rick Sharp, then Circuit City CEO. The goal of CarMax was to revolutionize used car retailing through a combination of large selection (400+ used cars ...
The company is headquartered in Santa Monica, California, and maintains an office in downtown Detroit, Michigan. [1] After making a minority investment, Carmax purchased the whole company at an enterprise value of $404 million in 2021. [2]
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China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."
5. Hopdoddy Burger Bar. Hopdoddy’s mission since it first fired up the grill back in 2010 has been to elevate and raise the “burger bar.” And they stay true to this as much as a burger chain ...