Wetherspoon
Coverage examines the strategy, trading performance, and estate decisions of one of the UK’s largest pub operators, known for high-volume sites and value-led pricing. Reporting includes updates on site closures and refurbishments, menu and drinks pricing, leadership commentary from Tim Martin, shareholder communications, and operational efficiency measures. Insight is tailored for pub operators and suppliers tracking budget-led models, city-centre trading patterns, and group-level adaptation to inflationary and consumer headwinds.
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Mar- 2021 -4 MarchPubs and Bars
JD Wetherspoon to reopen 400 sites on reduced hours
JD Wetherspoon is set to reopen 394 of its pubs with beer gardens, rooftop gardens, and patios, in England from 12 April 2021. While there has been no curfew put in place as a part of government measures, the pub chain will operate on a reduced hours structure. The majority…
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Feb- 2021 -16 FebruaryCoronavirus
JD Wetherspoon boss calls for pubs to reopen alongside shops
Wetherspoon chairman Tim Martin has said the pub industry is “on its knees” and that pubs across the UK need to reopen at the same time as non-essential shops to save the industry and associated jobs. Martin, who oversees the operations of 872 pub venues in the UK, said the…
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Jan- 2021 -27 JanuaryPubs and Bars
Tim Martin sells £50.3m of JD Wetherspoon shares
Chairman of JD Wheterspoon Tim Martin, has sold shares worth £50.3m to capitalise on the “significant buying interest” following the company placing last week. On 26 January, Martin announced that he sold 4,370,000 of the company’s ordinary shares at a price of £11.50 per share. Taking his holding in the…
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25 JanuaryPubs and Bars
Pub veterans join chase for M&A investment
Mark McQuarter and Mark Crowther are the latest in a succession of pub sector veterans seeking backing for pub deals, as reported by the Times. The former boss of Barracuda Pub Company and Revolution Bars, McQuarter has now been named as chairman of London pub operator, Portobello Brewery. He confirmed…
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20 JanuaryPubs and Bars
JD Wetherspoon undergoes £90m share placing
UK pub company, JD Wetherspoon, is raising capital through its investors for the second time during the pandemic via an accelerated share placing of over £90m. A total of 8,370,000 new ordinary shares have been placed on the exchange by Investec Bank at a price of 1,120p per share, bringing…
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Nov- 2020 -30 NovemberCoronavirus
JD Wetherspoon boss slams ‘reckless’ government
JD Wetherspoon chairman, Tim Martin has hit out at the latest tier system, arguing that the government has “effectively closed all pubs”. In a letter addressed to UK MP’s Martin has said “it is a fallacy” that pubs will reopen on Wednesday 2 December, adding that this is the first…
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11 NovemberCoronavirus
JD Wetherspoon reports 27.6% sale decrease
JD Wetherspoon chairman, Tim Martin has labelled the government’s latest hospitality restrictions “baffling and confusing”, as the company reports a like-for-like sales decrease of 27.6%. For the 15 weeks to 8 November 2020 the pub chain reported that sales in October were “significantly lower” than previous months, following the imposition…
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3 NovemberCoronavirus
JD Wetherspoon to sell 99p pints ahead of lockdown
JD Wetherspoon has announced it will sell pints of its ale for 99p in a bid to clear stock before England enters into a second national lockdown on Thursday 5 November. According to the Guardian, this is the pub chain’s second time introducing price cuts on its products, following on…
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Oct- 2020 -16 OctoberPubs and Bars
JD Wetherspoon reports first loss since 1984
JD Wetherspoon has reported a £105.4m pre-tax loss in the year to 26 July as sales fell due to Covid-19 restrictions, the company’s first loss since 1984. The pub chain said revenues plunged by 30.6% to £1.26bn as its pubs were adversely impacted by lockdown. The pre-tax loss includes £60m…
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Sep- 2020 -22 SeptemberNews
Wetherspoon to cut almost half of airport pub jobs
JD Wetherspoon has reportedly written a letter to 1,000 staff employed at six of its airport locations, warning that around 450 roles may cut According to the BBC, the pub group said that a serious downturn in the aviation industry and lack of holiday-makers travelling through airports this summer has…
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