Tag: business

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Spotify Is Finally Profitable
Business no comments

Spotify Is Finally Profitable

Spotify has over 200 Million active members, and 96 Million of them pay for that membership. Yet for the first time in over 13 years, Spotify is finally making a profit. For the first time in company history, Operating Income, Net Income, and Free Cash Flow were all positive,” reads a portion of Spotify’s financial…

Marks and Spencer to close 17 more stores
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Marks and Spencer to close 17 more stores

Marks and Spencer have named the next 17 stores they are closing as part of their reorganisation plan. The 17 proposed closures are part of the clothing, homeware and food retailer’s five year plan to shut more than 100 stores by 2022. The latest plan of closures from the company will leave 1,045 jobless who…

High Streets fear of a Christmas wipe out.
UK News no comments

High Streets fear of a Christmas wipe out.

This year, High Streets are facing a make-or-break situation as shoppers are turning online for their Christmas and Black Friday shopping. The number of items bought in stores has fallen in the last three months. Non-food items (such as clothes and homeware) in store sales have dropped by 2 per cent, on the other hand,…

Is the high street failing?
Business no comments

Is the high street failing?

High street stores continue to drop but why is this? High street stores are continuing to fail with many companies closing some of their stores to save the business. The internet is becoming the first choice for shoppers leaving high street stores/branches to struggle survival. Everyone is turning to shopping online as it is seen…

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