Company Hiring to Fill More Than 1,000 Positions Across U.S.
RICHMOND, Va., Jan 20, 2011 (BUSINESS WIRE) --
CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used
cars, has been named by FORTUNE magazine as one of its 2011 "100
Best Companies to Work For." This is the seventh consecutive year CarMax
has been named to the list. CarMax ranks No. 81 on the list for 2011.
The list and related stories will appear in the February 7 issue of
FORTUNE, available on newsstands January 24, 2011 and now at www.fortune.com/bestcompanies.
"We've had a year of successes at CarMax. None of this would have been
possible without the dedication of our associates, who show time after
time their commitment to this company," said Tom Folliard, president and
chief executive officer of CarMax. "They are energized by the culture of
integrity we continue to cultivate. I am so proud to be a part of the
CarMax team."
The company is moving forward with its growth plan, having announced
plans for five new stores for fiscal year 2012 in new cities that
include Baton Rouge, La., Lexington, Ky. and North Attleborough, Mass.
The company has stated it will open between five and ten stores in
fiscal year 2013. To prepare for future expansion, as well as the
traditionally busy spring and summer car buying season, the company is
hiring to fill more than 1,000 positions across the country.
CarMax offers consumers a no-hassle, no-haggle car-buying experience and
a broad
selection of high-quality used vehicles. CarMax
does not sell flood- or frame-damaged vehicles, and guarantees a clean
title and accurate odometer readings on its cars. All vehicles are
thoroughly inspected, reconditioned and are backed with a five-day,
money-back guarantee and a limited 30-day warranty (60-day in Conn.).
To pick the 100 Best Companies, FORTUNE partners with the Great Place to
Work Institute to conduct the most extensive employee survey in
corporate America. Three hundred eleven companies participated in this
year's survey. Two-thirds of a company's score is based on the results
of a random sample of employees from each company. The survey asks
questions related to their attitudes about the management's credibility,
job satisfaction and camaraderie. The other third of the scoring is
based on the company's responses to questions about pay and benefit
programs and a series of open-ended questions about hiring,
communication and diversity.
About CarMax
CarMax, a FORTUNE 500 company, and one of the FORTUNE 2011 "100 Best
Companies to Work For," is the nation's largest retailer of used cars.
Headquartered in Richmond, Va., we currently operate 103 used car
superstores in 49 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 fiscal
year ended February 28, 2010, the company retailed 357,129 used vehicles
and sold 197,382 wholesale vehicles at our in-store auctions. For more
information, access the CarMax website at www.carmax.com.
SOURCE: CarMax, Inc.
CarMax, Inc.
Media Contacts
Britt D. Farrar, Manager, Public Relations, (804) 747-0422, ext. 3473
Elia C. Imler, CarMax Public Relations, (804) 747-0422, ext. 4029
TwitterID: @CarMax