The markets where we've got real good presence are the older, more mature markets like Australia, and Western Europe - where we've only got 6,000 stores, compared to the US with 13,000.
Sentiment: NEGATIVE
In some markets, we don't have a lot of room to expand. We've done studies of store density and essentially found our more dense markets have more than one store per 15,000 people.
We have a big opportunity in China. We think the number of stores here can rival the number in North America.
When I visit new places, I like to see the markets.
In the U.S. and Canada, we have one store for every 12,000 people.
The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to buy and sell large amounts at very cheap prices. That is a good thing.
Marketplaces by their nature tend to grow faster than most other companies.
Businesses are not just local or even national anymore - good ideas are immediately global. So the market opportunities are much larger than we've ever imagined or seen.
To me, America is just another market.
Sydney is a very good market for us - we have a very strong following here.
China has the best opportunities. A domestic market with 1.3bn people will help create more Fortune 500 retailers.
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