All JD Wetherspoon articles – Page 14
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NewsCoffer confirms £19.5m portfolio sale to Kames
Coffer Corporate Leisure has completed the sale of a leisure portfolio of eight high-quality freehold public house/ restaurant/ retail investment properties for c£19.5m to Kames Property Income Fund. Coffer Corporate Leisure advised the private seller, who built the portfolio over 20 years selectively purchasing and asset managing landmark properties in ...
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Analysis & InsightJDW: Product swaps, pizza and succession planning
On the back of JD Wetherspoon’s full year results this morning, chairman Tim Martin talks to MCA about the rollout of its pizza offering, EU product swaps, the scope of its accommodation arm, transport hubs, and how the chain is planning for the future.
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NewsAnalysts corner: JDW
Analysts have given their early reaction to JD Wetherspoon’s FY trading update this morning, including Peel Hunt and Langton Capital. The strong like-for-like sales rise has been welcomed but there are warnings that discounting elsewhere many impact performance going forward.
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NewsJDW FY lfls up 5%
JD Wetherspoon has reported like-for-like sales (lfls) up 5% in the year to 29 July, with total sales up 2% to £1.7bn.
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NewsJDW continues Brexit boycott of EU brands
Jagermeister and Courvoisier are among the latest EU brands to be axed by JD Wetherspoon as it continues its pre-Brexit cull of EU products.
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NewsAnalysts corner: Berenberg on JDW
Berenberg analysts have issued a note ahead of JD Wetherspoon’s full year results announcement this week.
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NewsCiti: Sector operators in a “precarious state”
Analysts at Citi have warned that many pub companies are in a “precarious state”, as they have too much leverage and little surplus cash flow as an increasingly indebted UK heads for a “potential disorderly Brexit”.
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Peachment joins Market Taverns as COO
Richard Peachment, former operations director at Draft House, has joined the London-based pub group, Market Taverns, as its new chief operating officer.
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NewsProduct watch: England’s home-grown prosecco?
English sparkling wine has forged a proud reputation as a premium product made in the Champagne style. But a new producer is looking to defy convention with a Prosecco-style wine made in England. Finn Scott-Delany visits Divergent Drinks in Sussex.
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NewsTim Martin: “Post-Brexit food hike claims are pure fiction”
JD Wetherspoon founder Tim Martin has penned a retort to suggestions at the weekend that a “no deal” Brexit would push up food prices. Martin counters that if the Government opts for free trade the result would be a reduction in prices across shops and for eating and drinking out.
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NewsSports Bar & Grill founders launches new venture
Dave Evans, the founder of the Sports Bar & Grill, has launched a new venture called Belle Pubs & Restaurants, with three pubs in London and two more to follow, MCA has learnt. Evans, who sold the five-strong Sports Bar & Grill concept to Stonegate Pub Company last September, currently ...
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NewsJDW founder says Brexit could create competition for Lavazza
JD Wetherspoon founder and chairman Tim Martin has said that Brexit could open up competition for the group’s coffee supplier Lavazza.
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JDW relaunches Tax Equality Day
JD Wetherspoon is relaunching its Tax Equality Day, with chairman Tim Martin calling on other operators to show their support.
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Comptoir confirms Carrick as CFO
Comptoir Group has confirmed the appointment Mark Carrick as its new chief financial officer with immediate effect while non-executive director Jonathan Kaye resigned.
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Analysis & InsightTwo out of three operators implement regional pricing
On average, two out of three operators surveyed in MCA’s latest Menu Tracker report vary their prices dependent on region, with JD Wetherspoon, All Bar One and O’Neill’s among the operators with the largest differentials.
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NewsLfls up 5.2% at JDW
JD Wetherspoon has this morning reported a 5.2% increase in like-for-like sales for the 10 weeks to 8 July 2018
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NewsTim Martin: 'We don't know what we're doing on pricing'.
JD Wetherspoon chairman Tim Martin has shrugged off praise about his group’s “scientific” pricing strategy, insisting “we don’t know what we’re doing”.
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Analysis & InsightJDW opening can have halo effect on other venues
JD Wetherspoon openings do not necessarily damage trade for nearby pubs, bars and restaurants, a new report has discovered.
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NewsStraight outta Cornwall
For a number of years, Hubbox, the US street food-inspired concept, was one of the West Country’s best-kept secrets but securing new investment and a high-profile chairman over the past 18 months means the business will need to win over new fans. Mark Wingett talks to founder Richard Boon
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Analysts corner: Morgan Stanley on GDPR
Analysts at Morgan Stanley examine how key players in the hospitality sector adapted to the GDPR legislation and the likely impact on day-to-day business.