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CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations. [3]
Co-founded by Sharp in 1993, CarMax grew to $12.5 billion in annual sales at approximately 135 locations by 2013. [2] Sharp hired Thomas J. Folliard as one of CarMax's first employees. Folliard has served as the president and chief executive of CarMax from 2006 until 2016, when Folliard retired. [3]
Virginia Beach (colloquially VB) is the most populous city in the U.S. commonwealth of Virginia.The population was 459,470 at the 2020 census. [2] Located on the southeastern coast of Virginia, it is the sixth-most populous city in the Mid-Atlantic and the 42nd-most populous city in the U.S.
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