CarMax allegedly violated the Servicemembers Civil Relief Act, with each affected servicemember set to receive $15,000 in ...

According to the settlement, CarMax will pay at least $420,000 in damages to service members and a civil penalty of $79,380 ...

CarMax, which claims the title of nation’s largest retailer of used cars, now claims the title of first U.S. auto retailer to ...

Starboard Value has built a roughly $350 million stake in CarMax (NYSE:KMX). The activist investor is launching a campaign that includes nominating two directors to the CarMax board. Starboard is ...

Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr.

CarMax is the first U.S. car retailer to launch an app in ChatGPT, providing customers a new fast and easy way to shop for their next vehicle.

America's biggest used-car dealership illegally repossessed several cars in the late 2010s and early 2020s and has been ...

The Justice Department secured a settlement requiring CarMax to compensate servicemembers over alleged unlawful vehicle ...

Activist investor Starboard Value is suggesting that CarMax clip a few hundred bucks off its prices and shift to more dynamic pricing in order to make it more competitive for market share.

By Svea Herbst-Bayliss NEW YORK, March 11 (Reuters) - Starboard Value said it has taken a stake in CarMax and nominated two directors to its board, urging the used car retailer to improve the ...

By Abhinav Parmar March 11 (Reuters) - Activist investor Starboard Value on Wednesday urged CarMax's incoming CEO Keith Barr to revamp the used-car retailer's digital platform and tighten costs, ...