Used-car retailer CarMax appointed former hotel industry executive Keith Barr as president and CEO effective March 16, the company announced in a press release. CarMax CEO Keith Barr David McCreight, ...

Activist investor Starboard Value is suggesting that CarMax clip a few hundred bucks off its prices and shift to more dynamic ...

CarMax allegedly violated the Servicemembers Civil Relief Act, with each affected servicemember set to receive $15,000 in ...

The used car business runs on contracts, credit checks, and the occasional unpleasant phone call about missed payments. But ...

CEO Keith Barr outlines omnichannel, SG&A cuts, and better online buying to restore growth as Starboard pushes change.

Activist investor Starboard Value pushes CarMax to overhaul its digital platform, cut costs and boost competitiveness, aiming ...

CarMax, the nation's largest used-vehicle retailer, has agreed to pay hundreds of thousands of dollars to resolve federal allegations that it illegally repossessed vehicles belonging to members ...

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, ...

By Svea Herbst-Bayliss NEW YORK, March 11 (Reuters) - Starboard Value said it has taken a stake in CarMax and nominated two directors to its board, urging the used car retailer to improve the ...

After one week serving as the President and CEO of Richmond-based CarMax, Keith Barr has released an open letter sharing his ...

The activist investor has nominated its own CEO, Jeff Smith, to the CarMax board, along with Bill Cobb, the chairman and CEO of Frontdoor Inc., according to a statement Wednesday confirming an earlier ...

Starboard Value has taken a stake in CarMax and nominated two directors to its board, urging the used car retailer to improve ...