Early on I realized that I had to hire people smarter and more qualified than I was in a number of different fields, and I had to let go of a lot of decision-making. I can't tell you how hard that is. But if you've imprinted your values on the people around you, you can dare to trust them to make the right moves.

I think the most important thing that I think everyone in America must have is belief that wherever they live, whatever station they have in life, that the American dream is alive and well. I think the fracturing of trust and confidence is in the American dream.

My passion. My commitment. This is the most important thing in my life other than my family.

When you're building a business or joining a company you have to be transparent, you can't have two sets of information for two sets of people.

If you put on a lousy production with white actors, it's lousy. There is a problem, or can be, at this stage of our social evolution, with mixing the casts. It may not be a question of race so much as class. You would rarely find a black man in a high executive position where he was swinging his weight around.

Authentic brands don't emerge from marketing cubicles or advertising agencies. They emanate from everything the company does.

The challenge of the retail business is the human condition.