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.

By Svea Herbst-Bayliss NEW YORK, March 10 (Reuters) - Starboard Value has taken a stake in CarMax and nominated two directors ...

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

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 took a $350M stake in CarMax, nominated two directors, and urged improvements in digital user experience, cost cuts, and pricing strategy.

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, ...

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

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.

(iSeeCars) – So you want to sell your car. Whether you’re upgrading to something new or no longer need a vehicle, deciding where to sell can feel overwhelming. One popular option is CarMax, the ...

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