CarMax Opens on Memorial

CarMax Inc. has opened a new superstore at 9131 S. Memorial Drive.
One of 14 new superstores planned by CarMax this year, the 35,985-SF Tulsa showroom and 12-acre lot will display up to 500 used vehicles. Tori Miller will serve as general manager of Carmax Tulsa.
CarMax is in the process of hiring 85 people to operate the Tulsa superstore, which will represent a $15-$20 million investment for the company.
In addition to Tulsa, CarMax plans to open superstores in eight new markets this year: Colorado Springs, Phoenix, Cincinnati and Dayton, Philadelphia, Charleston, Augusta, Ga., and Huntsville, Ala.
With 2007 revenue of $8.19 billion, CarMax is growing its store base about 15 percent per year. It operates 90 superstores in 41 markets.

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