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The chief financial officer of Debenhams says its 22 store closures is a retail reality.

The chief financial officer of Debenhams, Rachel Osborne, says its 22 store closures is a reality of the UK retail environment.

Amid bank branch closures, industry experts expect healthcare clinics and co-working facilities to move into former bank spaces.

The parent company of the pharmacy chain plans "decisive steps" to reduce costs.

UK-based drinks company Majestic Wine has lined up a company "transformation plan" as it looks to morph into Naked Wines.

Giraffe and Ed's Easy Diner will close 27 of their 87 restaurants in a restructuring plan.

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