Activist investor Starboard Value is suggesting that CarMax clip a few hundred bucks off its prices and shift to more dynamic pricing in order to make it more competitive for market share.

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

CarMax’s Q2 earnings fell short of expectations — here’s what that signals for pricing, inventory, and demand trends in the used car market. While many signals suggest the pre-owned car market is ...

Activist investor Starboard Value on Wednesday urged CarMax to revamp its digital car-buying and selling platform and tighten ...

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

CarMax Inc. shares surged Friday, after first-quarter profit topped Wall Street's estimates, boosted by the biggest jump in used-vehicle sales in nearly four years. The results indicate that CarMax ...

Dec 18 (Reuters) - CarMax reported a ‌drop in third-quarter revenue and ‌profit on Thursday, hurt by weaker demand for and falling prices of used vehicles in the U.S. Shares ‍of CarMax were down about ...

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, ...

Starting with a single Richmond, Virginia, location, which opened in 1993, CarMax has grown to over 240 locations across the U.S. Touting itself as the country's largest used car retailer, the company ...