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CarMax buys used cars from individuals and auctions, reconditions them to high standards, and sells them at fixed no-haggle prices. Customers can browse inventory, get appraisals, and complete purchases online or in-store, with financing options and extended service plans available. It stands out by offering transparent, fixed pricing, a technology-enabled shopping experience, and being the largest used-car retailer in the United States. Its goal is to provide a straightforward, trustworthy car-buying experience and to maintain leadership in the U.S. used-car market.
Industries
Automotive & Transportation
Consumer Software
Company Size
10,001+
Company Stage
IPO
Headquarters
Richmond, Virginia
Founded
1993
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Total Funding
$960.4M
Above
Industry Average
Funded Over
3 Rounds
Professional Development Budget
Flexible Work Hours
Houston company planning 226,800 spec building for industry at Gateway extension near I-35. Related to this story. CarMax, which operates used-car superstores, can now place a dealership on the Interstate 35 frontage road near Gateway Boulevard in southwest Waco. "Having the road connect right at the underpass will make it much easier and safer for trucks to go whichever direction they need to," improvi...
Nordstrom Rack, data centers, railroad spikes leases. Tri-Cities July business news. By Edited by Cory McCoy August 13, 2026 12:04 PM Gift Article July brought major retail news, construction milestones and legal battles to the Tri-Cities business landscape. From new stores and closures to lawsuits and lease disputes, here's a roundup of the top business stories. Click the links to read the full articles. - Nordstrom Rack will open its first Tri-Cities location at Tri-Cities Center in Kennewick, occupying 26,300 square feet vacated by Burlington Coat Factory, while CarMax debuted its first local dealership in Richland. - The Port of Kennewick is installing an outdoor family gathering space next to Wheat Head on the Water taproom at Columbia Gardens. It's one of several construction projects reshaping the region, including a $12.5 million Corwin Automotive service complex in west Pasco. - JMS Development sued the Port of Pasco after being dropped from the $450 million Osprey Pointe waterfront project, claiming it spent more than $1 million advancing plans that never broke ground in six years. It is seeking more than $7 million in damages and asks to be reinstated. - BNSF Railway spiked land lease rates by up to 1,000% for businesses and organizations in Prosser, including a food bank whose rent jumped from $2,000 to $26,000 annually. - Richland officials said they cannot adopt a data center moratorium because the city entered an option agreement to sell 275 acres to Atlas Agro North America for $24 million. - Korean eatery 1derful K-BBQ closed after three years in Kennewick, while The Branding Iron nightclub will reopen as Last Call under new ownership by Katie Clark and her family in early August. - Amazon is investing about $48 million to retool its Project Pearl warehouse in east Pasco into a receiving center, while a new drive-thru coffee stand is being built at the former Richland Albertsons site. - Design West Architects will pay Moses Lake School District $1.85 million to offset remediation costs at Groff Elementary School, which was forced to close due to severe building deficiencies. A Tri-Cities builder was also sued. - Superbee Contracting was fined nearly $700,000 by the Washington State Department of Labor & Industries for mistreating 1,200 farmworkers across 15 farms in multiple counties. - Chukar Cherries launched a guided tour experience of its flagship store and factory in Prosser, offering visitors a look at cherry drying and production. - Seven Tri-Cities area establishments failed food safety inspections in mid-July, with violations including moldy salad, raw meat left on counters and inadequate hot and cold holding temperatures. - The Port of Benton is planning a $3.3 million project to electrify and expand its Richland dock to accommodate barges, tugs, jet boats and cruise ships, backed by a $2.7 million state grant. - Former Community Clinic Network CEO Patrick A. Bucknum pleaded guilty to embezzling more than $24 million from clinics, using some of the money to buy a Tesla, a boat, a pickup truck and nearly $1.2 million in gold coins. The summary points above were compiled with the help of AI tools and edited by journalists. The source reporting referenced above was written and edited entirely by journalists. Food & Wine August 12, 2026 6:37 PM
CarMax has partnered with Sierra to improve its inbound call experience using AI voice-enabled agents. Deployed in May, Sierra's technology helps customers reach the right destination or associate faster by asking conversational questions to understand their needs. The system provides quick answers to common queries about store hours and vehicle availability. Since launch, CarMax has seen increased call resolution and fewer unresolved calls. The company plans to expand capabilities to include appointment management for appraisals and test drives. The partnership demonstrates CarMax's ongoing commitment to leveraging AI technology. The retailer already operates Skye, its 24/7 virtual assistant, and was the first US auto retailer with a ChatGPT app supporting car shopping.
Opening set for Nordstrom Rack in Tri-Cities + CarMax debuts in Richland. July 30, 2026 10:38 AM Gift Article Kennewick, WA Nordstrom Rack has set the date. The discount arm of the upscale retailer will open its first Tri-Cities location Nov. 5. Fans can register for a pre-opening shopping party by signing up early. Nordstrom Rack is moving into the Tri-Cities Center, 7411 W. Canal Drive, at Columbia Center Blvd. It is taking over 26,300 square feet of space vacated by Burlington Coat Factory when it reduced the size of its Kennewick store at a former Kmart site. The Rack stores carry clearance, off-season and overstock items ranging from clothing and shoes for women and men, as well as accessories, beauty products and home some decor. Nordstrom has long topped the list of retailers Tri-Citians most want to see locate here though company officials ruled out the possibility of a full-service store in 2002. Booth and Sons Construction is the contractor for the renovations. A pre-opening party is set for 4-8 p.m., Nov. 3. Tri-Cities Center also has Craft Warehouse and Dollar Tree. CarMax open in Richland. CarMax Auto Superstores Inc. opened its first Tri-Cities dealership July 23 at 1261 Tapteal Drive, in Richland near Columbia Center. The Richmond, Va.-based chain of used car stores first confirmed plans to expand to the Tri-Cities in 2022. It secured land and began construction of the 7,600-square-foot sales and service building and display lot about a year ago. TD Farrell Construction Inc. was the builder for the project, which had a declared construction value of about $1 million. Richland issued a certificate of occupancy in June. Business hours are 11 a.m.-8 p.m., weekdays, 9 a.m.-7 p.m., Saturdays, and noon-7 p.m., Sundays. CarMax is only accessible via Center Parkway while the Tapteal/Steptoe intersection is closed for reconstruction. July 29, 2026 8:00 AM Politics & Government July 26, 2026 5:00 AM Tri-City Herald Reporter Wendy Culverwell writes about growth, development and business for the Tri-City Herald. She has worked for daily and weekly publications in Washington and Oregon. She earned a degree in English and economics from the University of Puget Sound. Support my work with a digital subscription
Gotham FC set for historic night at Citi Field for The Queens Classic, presented by CarMax. Festivities include expanded Footy Fest, Semifinal Watch Party, celebrity guests, fan giveaways and more JERSEY CITY, N.J. (July 13, 2026) - Reigning NWSL champion Gotham FC anticipates a record-setting crowd for The Queens Classic at Citi Field, presented by CarMax on Wednesday, July 15 at 8 p.m. ET when it hosts the Washington Spirit in a rematch of the 2025 NWSL Championship set under the lights. ESPN will carry the national broadcast. More than 40,000 fans have already secured their seats for the first women's professional sporting event at Citi Field, home of the New York Mets, as the club aims to set the New York City attendance record for a women's sporting event. Fans can expect a full afternoon and evening of entertainment beginning with an expanded Footy Fest presented by CarMax from 2:30-7:30 p.m The festival will be hosted by World Cup champion, former U.S. Women's National Team midfielder and editor-in-chief of the Women's Game, Sam Mewis. Starting at 3 p.m., Gotham FC will stage a FIFA World Cup 2026(TM) Semifinal Match Watch Party, presented by Dove, and in collaboration with U.S. Soccer and the FIFA World Cup 2026(TM) New York New Jersey Host Committee. A live recording of Welcome to the Party, presented by Yoggies and hosted by U.S. Women's National Team legends Julie Foudy and Abby will take place from 6-6:45 p.m. with one of the most decorated players in the women's game and Chelsea defender, Lucy Bronze. The first 7,500 fans through the gates will receive a commemorative Rose Lavelle bobblehead featuring her beloved dog, Wilma Jean, celebrating the reigning NWSL Championship MVP courtesy of CarMax. The Queens Classic will also feature a memorable Torch Lighting ceremony, Gotham FC's signature prematch tradition. Footy Fest host and CarMax ambassador Mewis will be joined by Welcome to the Party hosts Foudy and Wambach, four-time WNBA Champion and five-time Olympic gold medalist Sue Bird and 7-time NBA All-Star, New York native and CarMax ambassador Donovan Mitchell. The ceremony will culminate with journalist, activist and Presidential Medal of Freedom recipient, Gloria Steinem. New York-based sibling band Infinity Song will perform the national anthem, and return at halftime to excite the record-breaking crowd ahead of the second half. Pregame programming will also include spotlights like the Lendistry Small Business of the Match, the Aligne Fan Fit of the Match, trivia presented by Flamingo, the CarMax Kids coin toss and the match ball delivery representing Elevate Play, presented by Bank of America. Following the match, fans can vote for the CarMax Player of the Match through Gotham FC's social media channels. As supporters exit Citi Field, Dove and Khloud, the fast-growing functional snack brand, will distribute complimentary products, including Khloud Protein Popcorn. Other gameday activations include: Footy Fest, presented by CarMax Footy Fest will be located on the road next to Citi Field's Seaver and Stengel Entrances. Along with host Sam Mewis and Welcome to the Party's live show, activations include: * Live music from DJ Been Blackin' and DJ Ria * The NWSL Summer of Soccer bus * Beer Garden (for ages 21 and over) * Bank of America's Fan Band giveaway, famously sported at FIFA World Cup 2026(TM) matches across North America * Dove's Bead Bar, Confidence Wall and a sign-making station, hallmarks of Gotham FC's home prematch celebrations * Gruns, the official foundational nutrition partner of Gotham FC, product sampling alongside Barry, the Gruns mascot * Panini's Create Your Own Trading Cards, the brand's first activation with Gotham FC * RWJBarnabas Health Mini Pitch The TYLENOL(R) Zone, featuring the Precision Kick and One Touch experiences * Additional sampling, tabling and giveaways from Lendistry, Dove, Yoggies, Travel + Leisure and more The Queens Collective The Queens Collective, a networking event for women leaders, professionals and rising voices from across the New York region, will take place from 5:30-7 p.m., and feature an exciting lineup of mentors and special guests. To RSVP, visit https://www.gothamfc.com/events/the-queens-collective.
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Industries
Automotive & Transportation
Consumer Software
Company Size
10,001+
Company Stage
IPO
Headquarters
Richmond, Virginia
Founded
1993
Find jobs on Simplify and start your career today