Have you seen their recent figures? They are on the ropes...if they are so profitable why lay off 7000 people. This means I will not shop there.
Because they expect the economy to slow, and they want to remain profitable. They're not laying off 7,000 people because they need to do so to survive, they're doing it because it makes the most financial sense to keep them profitable. Do you have any idea how business decisions are evaluated from a financial standpoint?