Articles > Newspapers > U.S. Newspapers, Major Markets > Knight Ridder/Tribune Business News news wires > October-December 2004 > Saturday, October 16

Article: Used-car dealer chain CarMax opens second store in Richmond, Va., area.

Article from:
Knight Ridder/Tribune Business News
Article date:
October 16, 2004
Copyright

By Gregory J. Gilligan, Richmond Times-Dispatch, Va. Knight Ridder/Tribune Business News

Oct. 16--Austin Ligon is test driving an idea by opening a second Richmond-area CarMax lot.

The strategy could steer the Richmond-based automotive retailer toward generating $40 billion in sales in 15 years. It had sales of $4.6 billion last year.

"We're pushing the envelope with this store," said Ligon, CarMax's president and chief executive officer. "Where can we be in the future? This store will help us study that."

The new location on Midlothian Turnpike in Chesterfield County should help Ligon determine how many CarMax used-car lots a ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: REI to Outfit Richmond Through New Store at West ...
Business Wire;  May 29, 2009 ;     700+ words ... ... plans to open a new store in Richmond, Va. at West Broad Village in November of 2009 ... we're excited to join the Richmond community and be a gateway for ... recreating." Located along West Broad Street near I-64, the 26 ...

Article: Candlelight Vigil to be Held at West Broad Street ...
U.S. Newswire;  December 9, 2005 ;     499 words ... ... hold a candlelight vigil at the West Broad Street Wal-Mart this Saturday ... citizens and leaders of faith in Richmond will be calling on Wal- Mart ... Pump Shopping Center, 11400 West Broad Street, Richmond, Va. 23060. Meet in the Parking ...

Article: Richmond Times-Dispatch, Va., Biz Buzz Column.
Knight Ridder/Tribune Business News;  October 18, 1999 ;     700+ words ... ... is not the only Richmond-area dealership ... it relocated from West Broad Street to Laburnum ... buying land nearby on West Broad Street to locate ... dealerships in the Richmond market. The No ... going forward in Richmond at this time ... relocate its store on West Broad ...

Article: Richmond Times-Dispatch, Va., Retail Column.(Originated ...
Knight Ridder/Tribune Business News;  August 11, 1997 ;     700+ words ... ... shopping center on West Broad Street, next to ... store will open on West Broad Street near Libbie ... he said. "Richmond can handle all ... development on West Broad Street. "Lowe ... locations in the Richmond area," Peace ...

Article: Auto Retailer CarMax to Add Another Richmond, Va.-Area ...
Knight Ridder/Tribune Business News;  April 8, 2004 ;     700+ words ... ... a market such as Richmond's can support two ... conduct the test in Richmond because the store on West Broad Street in Henrico ... amount of cars as West Broad," Ligon said ... To see more of the Richmond Times-Dispatch ...

Article: Richmond Times-Dispatch, Va., Business Briefs ...
Knight Ridder/Tribune Business News;  August 16, 2000 ;     700+ words ... ... Rhodes was sold last year. RICHMOND FORD MAKES LIST: Richmond Ford again has made the list ... dealerships. The dealership on West Broad Street ranked 439th with ... conducts an annual survey. Richmond Ford was among 15 dealerships ...

Article: Philip Morris USA to Shift Headquarters from New York to ...
Knight Ridder/Tribune Business News;  March 6, 2003 ;     700+ words ... ... technology bubble burst, Richmond shifted its gaze back ... organization, on a leafy West Broad Street corporate campus ... from New York City to Richmond. Richmond has been ... Reynolds Metals Co. on West Broad Street in Henrico County. The University of Richmond now owned ...

Article: Electronics Retail Chain Best Buy to Open Two Richmond, ...
Knight Ridder/Tribune Business News;  September 17, 1998 ;     700+ words ... ... format stores in the Richmond market next summer ... The other will be on West Broad Street near the Brookhollow ... city nationally, and Richmond is one of those cities ... Saturn dealership, on West Broad Street just east of ... Wide Web site of the Richmond (Va.) Times-Dispatch ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives