Company Makes List For Sixth Consecutive Year
RICHMOND, Va. -- (Business Wire)
CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used
cars, has been named to Training magazine’s Training Top 125
for the sixth straight year. CarMax ranks No. 55 for 2013.
Training magazine, the leading business publication for learning
and development professionals, annually selects 125 organizations that
excel at employee development. These companies are chosen based on
criteria such as best training practices, evaluation methods and
outstanding training initiatives.
“As our company continues to grow, creating an environment where every
associate can reach their career goals remains a priority,” said Tom
Folliard, president and chief executive officer of CarMax.
“Training and associate development continues to be a driving force
behind our success.”
CarMax regularly adds new training and reviews existing material to
guarantee that the curriculum meets the needs of associates and the
business. This past summer, sales training was enhanced to include
weekly video courses on discovering the best ways to identify individual
Additionally, CarMax's most comprehensive programs and training tools
Development programs that deliver individualized, targeted training
Extensive use of technology to support the needs of the associate,
including eLearning, student response systems and video testimonials
Classroom training that employs hands-on activities combined with
real-world application exercises
On average, each store associate completes more than 60 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, print self-paced training
workbooks, take exams that automatically register course completions,
add self-reported training, and review their own personal training
CarMax, a member of the FORTUNE 500 and the S&P 500, and one of the
FORTUNE2013 “100 Best Companies to Work For,” is the
nation’s largest retailer of used vehicles. Headquartered in Richmond,
Va., CarMax currently operates 117 used car superstores in 58 markets.
The consumer offer features low, no haggle prices, a broad selection of
CarMax Quality Certified used vehicles, and superior customer service.
During the twelve months ended February 29, 2012, the company retailed
408,080 used vehicles and sold 316,649 wholesale vehicles at our
in-store auctions. For more information, access the CarMax website at www.carmax.com.
D. Farrar, Manager, Public Relations (804) 747-0422 ext. 3473
A. Szuminsky, Public Relations (804) 747-0422 ext. 4773
Source: CarMax, Inc.
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