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Consumers Prove Quick to Dump Low-Quality Luxury Cars

Consumers Prove Quick to Dump Low-Quality Luxury Cars

A new study by automotive research firm iSeeCars.com found that popular luxury models from BMW and Mercedes-Benz have a much higher resell rate than the average 1.5 percent of new...

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Rite Aid CEO Joins CarMax Board Featured

CarMax Inc. announced that its board of directors has elected John T. Standley to membership on the board, bringing total board membership to 12.

Standley will serve on the Audit Committee.

Standley is the chairman and chief executive officer of Rite Aid Corp. He has served as CEO since 2010 and chairman of the board since 2012.

Standley was president of Rite Aid from 2008 until 2013 and its chief operating officer from 2008 until 2010. He previously served as CEO and as a director of Pathmark Stores from 2005 to 2007.

Last modified on Thursday, 18 August 2016 16:55
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