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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 at each store); low, no-haggle pricing; guaranteed ...
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 January 2025, CarMax operates 253 locations. [3]
Richard L. "Rick" Sharp (April 12, 1947 – June 24, 2014) was an American business and retail executive who served as the CEO of Circuit City, a former consumer electronics retail chain, from 1986 to 2000.
50 Penn Place is an upscale mixed-use complex in the inner Northwest part of Oklahoma City, Oklahoma.The galleria-style shopping mall and tower is located at 1900 Northwest Expressway in the Penn Square trade area immediately at Interstate 44 and Northwest Expressway, across from Penn Square Mall near the exclusive suburb of Nichols Hills.
According to Price Edwards & Co.’s 2010 Oklahoma City Mid-Year Retail Market Summary report, Crossroads Mall was 75 percent vacant. [5] On September 14, 2011, the mall was purchased by Raptor Properties, LLC for $3.5 million, far below the $24 million asking price, although the sale only included 762,532 square feet (70,841.5 m 2 ), as ...
William Austin Ligon (born ca. 1951) is the co-founder and retired CEO of CarMax.He retired in June 2006, and is now a private angel-stage investor. Among his recent investments are Gazelle, Redfin, Rev.com, Car Trade (India), Eneza Education and Tazza Kitchen.
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