I think the growing interest in stakeholder capitalism stems from companies genuinely invested in doing good for our world, because it's the right thing to do and because businesses who take this approach are stronger.
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Businesses grow and they don't change enough and they decline over time. Retailers do that on a bit of a faster cycle.
Everybody loves convenience, everyone wants to save time. But we had built a business called the Supercenter business that was one stop shopping that helped people save time and you had instant gratification because you could walk in the Supercenter and you could get 120,000 SKUs, and they were the best items from around the world.
We get to do business all over the world, and it's rare to have such a big economy [India], growing so fast, and creating so much opportunity for so many. We want to be part of the process to strengthen the country, to serve its citizens and to demonstrate that we're a trusted partner across all these dimensions.
In the world there is a debate over inequity, and sometimes we get caught up in that, and retail does in general.
We love basket businesses, the Supercenter is a basket business, Sam's Club is a big basket business. We want to build an e-commerce business that's a basket business, not just a spear fishing exercise.
The world is a better place with Walmart in it.
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