CarMax workplace recognition continued on October 20, 2026, as the used-vehicle retailer announced it ranked sixth in the large-company category of the 2026 Fortune Best Workplaces in Retail list. The selection marks its 12th consecutive year on the list, which is presented by Fortune and Great Place To Work using employee survey data.
Key Takeaways
- CarMax placed sixth among large companies on the 2026 retail workplace list.
- The recognition marks the retailer’s 12th consecutive annual appearance.
- The company employs approximately 28,000 associates across more than 255 stores.
Table of Contents
- CarMax workplace recognition draws on employee feedback
- A large retail workforce and a separate operating backdrop
- Conclusion
CarMax workplace recognition draws on employee feedback
CarMax’s 2026 retail workplace announcement identifies employee feedback as the basis for the recognition. The list focuses on positive, inclusive and engaging workplace environments rather than financial performance.
“Being named to this list is meaningful because it's based on feedback that comes directly from our associates,” said Craig Cronheim, CarMax’s chief human resources officer.
Great Place To Work evaluates organizations through its employee survey program. The broader workforce study cited in the announcement includes more than 1.3 million survey responses and data from companies representing more than 7.3 million employees. Those figures describe the study’s overall scope, not CarMax’s own survey participation.
| Item | Details |
|---|---|
| 2026 People Companies That Care | Ranked 70th; seventh appearance. |
| 2026 Fortune 100 Best Companies to Work For | Ranked 56th; 22nd consecutive year. |
| 2026 CIVIC 50 | First recognition for community engagement. |
| 2026 Military Friendly | Bronze designation; tenth recognition. |
A large retail workforce and a separate operating backdrop
Headquartered in Richmond, Virginia, CarMax operates more than 255 stores and has approximately 28,000 associates. Its workforce recognition comes alongside several other employee and community honors disclosed for 2026.
The company’s operating figures provide a separate measure of its scale. During the fiscal year ended February 28, 2026, CarMax sold approximately 780,000 used vehicles and 540,000 wholesale vehicles through its auctions.
CarMax Auto Finance originated $8 billion in auto loans during fiscal 2026, and the company cited a $16 billion loan portfolio. These figures are historical business context, not new results or guidance accompanying the workplace award.
Conclusion
The October 20 announcement extends CarMax’s run of retail workplace honors. It does not announce an operating change or provide new financial guidance.
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