. >> joining us kathy leonhard and former target vice-chair and u.s. for joining us jerry, you run several large retailers. when you look at amazon does it worry you? it seems they get treated differently by the public markets than other retailers. >> rightly or wrongly, they are far ahead. no one is even close they are ten times walmart.com's size, for example, to put it in perspective. over half of all sales on the internet are on amazon over half of all searches for products, when we are looking to buy something, are on amazon and they also have a growing advertising business their marketplace is the most rapidly growing part of amazon two-thirds of sales are from third-party sellers who have no other choice if you don't do business on amazon, you are almost not on the internet they have a lot of market power. there is no doubt about it they are growing their delivery business they are growing all over the place. entertainment. they are launching satellites for e-commerce they have the largest cloud business so, you know, eni hathey are g just in th