Company Makes List Third Consecutive YearRICHMOND, Va., Feb 02, 2010 (BUSINESS WIRE) -- CarMax, Inc. (NYSE:KMX), the nation's largest retailer of used
cars, has been named for the third straight year to Training
magazine's Training Top 125. CarMax came in this year at No. 26, up
thirty-one spots from the previous year.
Training magazine, the training industry's premiere publication,
annually selects 125 organizations that excel at associate development.
These companies are chosen based on criteria such as best training
practices, evaluation methods and outstanding training initiatives.
"Training is directly linked to our company goals of associate
development and associate engagement," said Tom Folliard, president and
chief executive officer of CarMax.
"As we focus on building a better CarMax, we are committed to providing
the tools and materials our associates need to succeed in their current
roles and beyond."
CarMax regularly adds new training content and reviews existing content
to guarantee that the curriculum meets the needs of the business. Among
CarMax's most comprehensive training programs:
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Intensive sales training based on core sales skills developed from
CarMax's own top performers, including online video testimonials,
scenario-based exercises and extensive practice/role playing with a
mentor
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Classroom training that employs hands-on activities combined with
real-world application exercises
-
Annual Culture of Integrity training which ensures that all CarMax
associates understand the importance of maintaining the highest
ethical standards
On average, each CarMax associate completes 40 hours of training per
year. Through KMX University, CarMax's learning management system,
associates can view position development plans, launch online courses,
register for classroom training, view behavior-modeling video clips,
print self-paced training workbooks and complete assessments.
About CarMax
CarMax, a FORTUNE 500 company, and one of the FORTUNE 2010 "100 Best
Companies to Work For," is the nation's largest retailer of used cars.
Headquartered in Richmond, Va., we currently operate 100 used car
superstores in 46 markets. The CarMax consumer offer is structured
around four customer benefits: low, no-haggle prices; a broad selection;
high quality vehicles; and customer-friendly service. During the twelve
months ended February 28, 2009, the company retailed 345,465 used
vehicles and sold 194,081 wholesale vehicles at our in-store auctions.
For more information, access the CarMax website at http://www.carmax.com.
SOURCE: CarMax, Inc.
Media:
CarMax, Inc.
Trina H. Lee, Director, Public Affairs
804-747-0422, ext. 4197
Twitter ID: @CarMax
or
Elia C. Imler, Public Affairs
804-747-0422, ext. 4029
Twitter ID: @CarMax