Pub group could open up to 10 new sites this year as it is revealed that chairman and founder is working part-time due to operation
10 best soundbites from Wetherspoon boss Tim Martin when he met catering equipment distributors
Outspoken pub chief recently addressed the industry at the Ceda Conference and FEJ was there to capture his top quotes
JD Wetherspoon founder has no regrets about social media blackout
JD Wetherspoon’s decision to come off social media was taken “over a few weeks” and with the approval of senior pub managers across its estate, its founder Tim Martin revealed this afternoon, as he reiterated his stance that it will cause no financial damage to its business whatsoever. The 900-strong pub chain deleted its Twitter,…
JD Wetherspoon quits social media and denies it will harm business
Pub chain JD Wetherspoon today announced the shock decision that it is quitting social media. The 900-strong pub chain used Twitter to inform its 44,000 followers that it would no longer be active on the platform. It has also deleted its Instagram and Facebook accounts. The firm said its decision had been influenced by the…
JD Wetherspoon commits to 10 new kitchen projects this financial year
JD Wetherspoon will continue to open new pubs this year, the company said this week. The chain, which numbers 900 properties, confirmed that its intention is to open “approximately” 10 pubs in the current financial year, which ends in June. Three pubs have already opened within the last six months, with 10 sites sold during…
JD Wetherspoon continues to dash Brexit fears with optimistic sales
UK-based pub chain JD Wetherspoon has followed up its better-than-expected financial year report with an equally optimistic update for the first quarter of the new trading season. Like-for-like sales increased by 6.1% and total sales by 4.3% for the 13 weeks to 29 October 2017. The underlying operating margin, excluding property gains, was 8.6%, although…
JD Wetherspoon files record figures while dashing Brexit concerns
Pub giant JD Wetherspoon has reported record earnings and remains confident that a Brexit deal will have no significant impact on its UK buisness. Pre-tax profits in the year to the end of July grew from £66m to £77m, with revenues up 4% from last year’s £1.59bn, totalling £1.66bn. Like-for-like sales also saw a healthy…
Suppliers have more to fear from protracted Brexit talks than us, warns JDW boss
JD Wetherspoon chairman Tim Martin warned this morning that its suppliers have most to fear from Brexit negotiations as he once again used the company’s latest financial update to outline his views on the EU. Mr Martin, a staunch Leave campaigner, said that the current “posturing and threats” from EU negotiators would inevitably drive…
Tim Martin uses trading update to tell Brexit gloomsters to ‘put a sock in it’
Industry stalwart and avid Brexit campaigner Tim Martin has used JD Wetherspoon’s latest trading update to publish a 700-word statement slamming those waging a ‘phoney war’ that risks overshadowing the negotiation process. Mr Martin said he felt obliged to pen his opinion on the matter as shareholders and the media remain interested in its views on the…
JD Wetherspoon to spend chunk of £65m budget upgrading older pub kitchens
JD Wetherspoon has ring-fenced £65m for upgrading older pubs in its estate this year, including new investments in kitchens and catering equipment. The chain, which numbers 900 sites, said this morning that it is increasing capital expenditure in the current year to bring some of its more established sites up to date. As well as…
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