All JD Wetherspoon articles – Page 2
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Analysis & InsightScale, financial discipline shelter Wetherspoon from cost pressures
The pubco’s margin estimates remain unchanged, implying it is coping with higher labour costs despite its value proposition, according to analysts
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NewsJD Wetherspoon achieves 5.1% uplift in like-for-likes
Chairman Tim Martin said sales volumes had recently overtaken pre-pandemic levels, and revealed plans to open 15 new managed pubs and a similar number of franchised sites in the next financial year.
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NewsPub bosses warn government over £1.7bn tax on business
The leaders of JW Wetherspoon, Fuller’s and Greene King have called for the “unfairness” in the business rates system to be rectified if further pub closures are to be avoided
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Bunga, Urban Pubs & Bars, Wetherspoon, Wingstop, and more
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NewsWetherspoon puts up six pubs for sale
The pub company has jointly appointed CBRE and Savills to handle the six sites identified for disposal across the UK
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InterviewsTim Martin hints at Wetherspoon franchise potential following early success
The JDW chairman says there is “considerable potential” for franchise partnerships, following strong early performance at sites operated by Haven Holiday Parks and Hull University
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NewsJD Wetherspoon posts 5.6% LFL sales uplift
Total sales increased 5% in the quarter and 4.2% year to date, slightly behind LFLs due to a small number of disposals. The operator exited seven sites during the period but offset this with two openings and four additional pubs launched with Haven
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Wetherspoon, Dishoom, Knoops, and more
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NewsSimon Emeny: NICs rise a ‘hammer blow’ to sector
The Fuller’s chief executive said he is frustrated by the “lack of joined-up thinking” by the government, and had been forced to review prices in the past week in response to rising business costs
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NewsWetherspoon targets hoteliers in search for franchise partners
The pub company is also welcoming enquiries from other sectors amid plans to grow to 1,000 sites nationwide, with five franchise pubs to open later this year
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NewsWetherspoon boss: Diversity policies have become weaponised
Sir Tim Martin has said that corporate diversity policies have been “politicised and weaponised” and called for common sense on the topic
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NewsJDW: Labour cost hit will have ‘disproportionate impact’ on pubs
Chairman Tim Martin said increases in national insurance and labour rates will cost the company £60m a year, approximately £1,500 per pub per week.
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NewsSir Tim Martin: NIC rises will cost Wetherspoon £1.2m per week
Speaking to Sky News, the JDW founder criticised “modern politicians” and said inflation is certain to rise in April
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OpinionPubs must wake up and smell the coffee: morning money is the future
With the night-time economy in decline, pubs are now competing with Greggs and McDonald’s to be the cheapest breakfast provider, Harry Wallop writes for The Times
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Analysis & InsightAnalysts give mixed reviews of JDW performance
Described as “solid” and “robust” by some analysts but “lacklustre” by others, JD Wetherspoon’s recent trading performance has attracted differing opinions on its success
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NewsJDW reports like-for-likes up 5.1% in year to date
The pub company reported like-for-like sales growth of 6.1% over the three weeks to 5 January 2025, with chairman Tim Martin stating it was “confident of a reasonable outcome for the year”
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NewsJDW expands partnership with Haven
Wetherspoon will open four new pubs at Haven’s holiday parks in Cleethorpes Beach, Devon Cliffs, Kent Coast and Haggerston Castle, following a £6.7m investment in the sites
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InterviewsSir Tim Martin: ‘Difficult conditions will always create opportunities’
Writing for The Times, the Wetherspoon founder and chairman said the main challenge this year is still tax equality with supermarkets
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Electric Shuffle, Din Tai Fung, Wendy’s and more
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NewsJDW switches from Spanish to Italian beer
The pub business has said it will no longer serve San Miguel, once current stocks sell out, and will be replacing it with draught Italian beer Angelo Poretti, later this month.