Company Makes List Fourth Consecutive Year
RICHMOND, Va., Feb 09, 2011 (BUSINESS WIRE) --
CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used
cars, has been named for the fourth straight year to Training
magazine's Training Top 125. CarMax came in at No. 32 this year.
Training magazine, the leading business publication for learning
and development professionals, 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.
"Over this last year, we've taken steps to keep our training and
development programs relevant," said Tom Folliard, president and chief
executive officer of CarMax.
"We've introduced a more robust training technology that helps us offer
dynamic courses associates can use to take their careers to the next
level."
CarMax regularly adds new training and development content and reviews
existing material to guarantee that the curriculum meets the needs of
the business. CarMax's most comprehensive programs and training tools
include:
-
Development programs that deliver individualized, targeted training
opportunities
-
Extensive use of technology to support the needs of the associate,
including eLearning, student response systems and video testimonials
-
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
-
Classroom training that employs hands-on activities combined with
real-world application exercises
On average, each CarMax associate completes more than 70 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 member of the FORTUNE 500 and the S&P 500, and one of the
FORTUNE2011 "100 Best Companies to Work For," is the
nation's largest retailer of used cars. Headquartered in Richmond, Va.,
CarMax currently operates 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 twelve months ended February 28,
2010, the company retailed 357,129 used cars 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
Twitter ID: @CarMax