Sandwich chain Eat considering wave of store closures

Eat, one of Britain's biggest sandwich chains, is considering a wave of shop closures as it becomes the latest retailer to be forced to react to a rising high street cost-base.Sky News has learnt that the company is considering a "substantial" reorganisation of its store portfolio, which comprises roughly 100 outlets.A company voluntary arrangement (CVA) - a mechanism which enables retailers to reduce their obligations to creditors such as landlords - is thought to be among the possible options