Wetherspoons

Last updated

J D Wetherspoon plc
FormerlyJ.D. Wetherspoon Organisation Limited (1983–1992) [1]
Company type Public limited company
Industry Hospitality
Founded9 December 1979;44 years ago (1979-12-09)
Founder Tim Martin
Headquarters Watford, England
Key people
 Tim Martin (Chairman)
John Hutson (CEO)
Products Public houses and hotels
RevenueIncrease2.svg £1,925.0 million (2023) [2]
Increase2.svg £107.1 million (2023) [2]
Increase2.svg £59.6 million (2023) [2]
Number of employees
42,208 (2023) [2]
Website jdwetherspoon.com

J D Wetherspoon plc (branded variously as Wetherspoon or Wetherspoons, and colloquially known as Spoons) is a pub company operating in the United Kingdom and Ireland. The company was founded in 1979 by Tim Martin and is based in Watford. It operates the sub-brand of Lloyds No.1 bars, and 56 Wetherspoon hotels. [3] Wetherspoon is known for converting unconventional premises, such as former cinemas and banks, into pubs. The company is publicly listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [4]

Contents

History

Foundation and early years

Tim Martin opened his first pub in 1979 in Colney Hatch Lane in Muswell Hill, London. [5] Many of the other early Wetherspoon pubs were also in the western part of Haringey. The name of the business originates from JD, a character in The Dukes of Hazzard , and Wetherspoon, the surname of one of Martin's teachers in New Zealand, who had told him that he thought he would never amount to much. [6] [7] [8]

During the 1990s, Wetherspoons began a policy of routinely closing its smaller or less profitable outlets, often replacing them with larger premises close by. In 1998, Wetherspoons introduced the oversized pint glass to promote the "full pint". [9] This initiative was withdrawn, supposedly because customers were still asking for top-ups, but arguably because other pub chains did not follow its lead. [10]

Wetherspoons pioneered non-smoking areas in pubs before the Smoking, Health and Social Care (Scotland) Act 2005, The Smoking (Northern Ireland) Order 2006 and the Health Act 2006 in England and Wales became law in 2006. [11] [12]

In 2015, Wetherspoons was ordered to pay a total of £24,000 in damages for "direct racial discrimination" to eight individuals who were refused admittance to one of its pubs in north London (The Coronet on Holloway Road, Islington) based on what a judge described as "the stereotypical assumption that Irish travellers and English gypsies cause disorder wherever they go". [13]

On 16 April 2018, Wetherspoons deleted all of its social media profiles. Chairman Tim Martin cited the "current bad publicity surrounding social media, including the trolling of MPs and others" as a reason for the decision. [14]

The chain, whose founder is a strong supporter of Brexit, replaced champagne with British and Australian sparkling wines on 9 July 2018. The firm stated that the goal was to reduce prices for its two million weekly customers. [15]

Development since 2020

In mid-March 2020 during the COVID-19 pandemic in the United Kingdom, the government advised the public to avoid areas like pubs, clubs, restaurants, and gyms. As a result, many pub chains closed. However, Wetherspoon chairman Tim Martin rejected the government's advice and initially did not close any pubs, saying that his instinct was that "closure won't save lives but will cost thousands of jobs". [16] The government ordered the closure of all pubs from 21 March. [17]

Martin suggested that if some staff were offered jobs in supermarkets they should consider taking them and promised that he would give first preference to those who wanted to come back to Wetherspoons. [18] The majority of staff were placed on the Government furlough scheme after its announcement. [19]

Wetherspoons told its suppliers in March it would not pay them until its 874 pubs were allowed to reopen after the coronavirus lockdown. [20] In October 2020, Wetherspoons reported its first loss in 36 years. For the year ending in July 2020, the company published a pre-tax loss of £34.1 million; the previous year, it reported a pre-tax profit of £102.5 million. [21]

In March 2021, Wetherspoons reaffirmed its expansion plans including 75 projects, comprising 18 new pubs and 57 significant extensions to existing venues. Martin said that the ten-year project would create 2,000 jobs for staff, but that it would be "conditional on the UK opening back up again on a long-term basis, with no further lockdowns or the constant changing of rules". [22]

Food and drink

Wetherspoon's low-price food and drink offering is aimed at the mass market. A large standardised menu is available all day in every pub, cultivating a perception of "unpretentious good value". [6] Wetherspoons claims to be "the only large pub firm which opens all its pubs early in the morning", serving breakfast and coffee. [23] The food menu has regularly incorporated additional healthier and allergen-friendly options, and displays a calorie rating next to every item. [6]

Wetherspoons hosts ale Festivals every March/April and October during which a larger than usual range of guest ales is available as well as a cider Festival in the summer. [24] The company claims to be the biggest investor in craft beer in the country. [6]

Wetherspoons objected to the value-added tax (VAT) rates on food sales in pubs and restaurants in the United Kingdom, and the fact they are higher than those paid by supermarkets. [25] VAT rates on alcoholic drinks were the same in both pubs and supermarkets. [26] When VAT was temporarily reduced from 20% to 5% during the COVID-19 pandemic in 2020, Wetherspoons was one of several chains to pass some of that saving to customers. [27]

Properties and operations

Beer terrace at The Lord High Constable of England in Gloucester Docks The Lord High Constable of England Wetherspoon pub.jpg
Beer terrace at The Lord High Constable of England in Gloucester Docks
Beckett's Bank in Park Row, Leeds, its name reflecting the building's former use Liverpool and Martin's Bank, Park Row, (west side) Leeds - geograph.org.uk - 1394854.jpg
Beckett's Bank in Park Row, Leeds, its name reflecting the building's former use
Entrance to The Palladium, Llandudno, a theatre converted to pub in 2001. Palladium, Llandudno 4.jpg
Entrance to The Palladium, Llandudno, a theatre converted to pub in 2001.

Though some are new-build or late 20th century properties, many Wetherspoon pubs are conversions of existing historic buildings which have become redundant, including banks, churches, post offices, theatres and a former public swimming pool, with many properties being listed buildings. [28] Pubs are furnished thematically according to the heritage of the building or location, and have routinely won design awards. [6]

Every Wetherspoons pub has a unique carpet, each inspired by the pub's name, location and building. They are produced by Axminster Carpets and, having more than the usual six colours, have to be partially handmade on old fashioned looms, costing up to £30,000 – twice as much as stock designs. [29] These have been the subject of a book, Spoons Carpets, by Kit Caliss [30] [31] and a colouring book, Colour Your Own Spoons Carpet. [32]

Wetherspoons has opened outlets in the passenger terminals of some UK airports, including Doncaster Sheffield Airport, Edinburgh Airport, Gatwick Airport, Heathrow Airport, and Stansted Airport, as well as at several major railway stations, including Leeds, Liverpool Lime Street, London Cannon Street, London Liverpool Street, and London Victoria. [33] [34] The main station buildings at Aberystwyth railway station were converted to a Wetherspoons pub Yr Hen Orsaf The Old Station and received a National Railway Heritage Award in 2003. [35]

The first Wetherspoon pub in Northern Ireland was The Spinning Mill in Ballymena, County Antrim, which opened in 2000. [36] The first Wetherspoons pub in the Republic of Ireland, The Three Tun Tavern, opened in Blackrock, County Dublin, in 2014. Another opened in Cork in 2015. [37] [38] [39] The Three Tun Tavern closed in January 2022 after it was bought by a consortium of former and current Irish rugby players, including Rob Kearney and Jamie Heaslip. [40]

In 2014, Wetherspoons opened a pub at the Beaconsfield motorway service area on the M40. The move was criticised by road safety charities for potentially encouraging drink-driving. [41]

Wetherspoons also operates a chain of hotels. In 2015, there were 34 hotels in England, Wales and Scotland, and also a pub and hotel in Camden Street, Dublin, Ireland. [42]

Every Wetherspoons in Great Britain was visited by Mags Thomson from 1994 to October 2015. She reached a total of 972, which included 80 that have subsequently closed. [43]

In 2018, the company announced plans to open a National JD Wetherspoon Museum in Wolverhampton in the West Midlands. The existing pub, The Moon Under Water on Lichfield Street, would be expanded to take in the whole former Co-Op Department Store, to include a hotel and gift shop. [44] Plans were approved in April 2020. [45]

In 2022, the company announced it was selling 32 of its sites, including that at the Beaconsfield motorway service area. [46]

Publications

The company produces a quarterly in-house magazine, Wetherspoon News, which contains information on the company's activities, its employees, pubs, political views and comments on recent media mentions. [47] The chain also offers a mobile app from which customers can order food and drink to their table to avoid using the bar, even from outside the pub. [48]

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References

  1. ↑ "J D WETHERSPOON PLC overview - Find and update company information - GOV.UK". Companies House . 25 March 1983. Retrieved 22 January 2024.
  2. 1 2 3 4 "Annual Report 2023" (PDF). J D Wetherspoon. Retrieved 13 February 2024.
  3. ↑ "Search Here To Find Your Local Pub | All Pubs". J D Wetherspoon. Retrieved 2 June 2021.
  4. ↑ Martin, Tim (14 September 2012). "Good News Britain: We're putting the 'pub' in 'public'" . The Daily Telegraph. London. Archived from the original on 12 January 2022.
  5. ↑ "Refurb for Tim Martin's first outlet". Property News. Morning Advertiser. Retrieved 26 February 2010.
  6. 1 2 3 4 5 Cumming, Ed (6 August 2017). "How Britain fell for Wetherspoon's". The Guardian . Retrieved 2 June 2021.
  7. ↑ Refurb for Tim Martin's first outlet Morning Advertiser, 1 September 2005
  8. ↑ Mathiason, Nick (3 March 2002). "The real pub landlord". The Observer . Retrieved 2 June 2021.
  9. ↑ "The Investment Column: Wetherspoon dips in growth glitch". Business, News. London: The Independent. 11 March 1998. Retrieved 26 February 2010.
  10. ↑ "Full Pint Issue 6". CAMRA North London. 28 August 2002. Archived from the original on 4 June 2008. Retrieved 26 February 2010.
  11. ↑ "Wetherspoon pubs ban smoking". BBC News. 24 January 2005. Retrieved 2 June 2008.
  12. ↑ Tran, Mark (24 January 2005). "Wetherspoon pubs to ban smoking". guardian.co.uk. London. Retrieved 2 June 2008.
  13. ↑ "Pub chain pays damages over traveller race bias". London Evening Standard. 18 May 2015. p. 10.
  14. ↑ Christie, Sophie (16 April 2018). "JD Wetherspoon closes all of its social media accounts with immediate effect" . The Daily Telegraph. Archived from the original on 12 January 2022. Retrieved 16 April 2018.
  15. ↑ "Wetherspoon to replace champagne with British sparkling wines in the run-up to Brexit". The Independent. 13 June 2018.
  16. ↑ Wetherspoons boss says UK pubs will stay open as long as possible The Guardian 20 March 2020
  17. ↑ "PM orders shutdown of all bars and restaurants". The Times. 21 March 2020. p. 1.
  18. ↑ Drury, Colin (24 March 2020). "Millionaire Wetherspoon's boss says staff might want to work for Tesco". The Independent. Archived from the original on 20 October 2022.
  19. ↑ "JD Wetherspoons Corrects Media Reports On Staff Pay And Reopenings". Morning Star. 7 May 2020. Retrieved 24 August 2020.[ dead link ]
  20. ↑ Davies, Rob (25 March 2020). "JD Wetherspoon refuses to pay suppliers until lockdown ends". The Guardian. Retrieved 29 March 2020.
  21. ↑ Alice Hancock (16 October 2020). "Pub chain Wetherspoons pushed by Covid to first annual loss since 1984" . Financial Times . Archived from the original on 10 December 2022. Retrieved 16 October 2020.
  22. ↑ Wood, Zoe (30 March 2021). "JD Wetherspoon to create 2,000 jobs with post-lockdown investment". The Guardian . Retrieved 2 June 2021.
  23. ↑ "Quality Food, Great Value – Food Menu". J D Wetherspoon. Retrieved 2 June 2021.
  24. ↑ "Wetherspoon's spring festival focuses on British hops". Cask Marque. 2 February 2015. Retrieved 16 April 2016.
  25. ↑ "Pub giant JD Wetherspoon to slash prices on Thursday". Herald Scotland. 12 September 2022. Retrieved 14 September 2022.
  26. ↑ "VAT rates on different goods and services". www.gov.uk. UK government. Retrieved 14 September 2022.
  27. ↑ "Wetherspoons launches £1.29 pint as VAT rates cut". www.independent.co.uk. Retrieved 5 September 2020.
  28. ↑ "Pub Histories". Wetherspoons. Retrieved 30 March 2018.
  29. ↑ Haynes, Gavin (10 January 2016). "The secret life of Wetherspoon's freaky carpets". The Guardian. Archived from the original on 16 May 2023.
  30. ↑ Sanderson, Caroline (29 September 2016). "Kit Caless: 'If I'd pitched the book from scratch, I'd have been laughed out of every publisher's office'". The Bookseller. Archived from the original on 11 April 2021. Retrieved 11 April 2021.
  31. ↑ Caless, Kit (2016). Spoon's carpets. An appreciation. London: Square Peg. ISBN   9781910931493.
  32. ↑ Hancock, Louie (2020). Colour Your Own Spoons Carpet: bumper uk edition. [S.l.]: Independent Publishing Network. ISBN   978-1838537524.
  33. ↑ "First look: See inside the new £2 million North Western pub at Lime Street". Liverpool Echo. 3 July 2015. Retrieved 16 April 2016.
  34. ↑ "JD Wetherspoon To Open 900th Pub Next Week". Archived from the original on 24 March 2014. Retrieved 24 March 2014.
  35. ↑ "Yr Hen Orsaf Aberystwyth". J D Wetherspoon. Retrieved 20 July 2019.
  36. ↑ "JD Wetherspoon makes Northern Ireland debut". EG Radius. 14 August 2000. Retrieved 5 April 2022.
  37. ↑ "Open for business: Wetherspoon's first Irish pub serves its first customers". The Journal. 8 July 2014. Retrieved 8 July 2014.
  38. ↑ Ciarán Hancock (30 June 2014). "Guinness pulled from menu at Wetherspoon's Blackrock pub". The Irish Times .
  39. ↑ "Video: First look inside Ireland's first Wetherspoon pub". Independent.ie. Retrieved 3 April 2015.
  40. ↑ Telford, Thomas (25 January 2022). "Rob Kearney and Jamie Heaslip among rugby legends to buy southside Wetherspoons". DublinLive. Retrieved 5 April 2022.
  41. ↑ "JD Wetherspoon opens first motorway pub". The Independent. 21 January 2014. Retrieved 3 April 2015.
  42. ↑ "JD Wetherspoon to open hotel, bar at homeless hostel in Dublin". The Irish Times. 15 December 2014.
  43. ↑ "One woman's 21-year odyssey to visit every Wetherspoon's". BBC News. 31 October 2015. Retrieved 29 April 2017.
  44. ↑ "National museum part of £7m city Wetherspoon plan". wolverhampton.gov.uk. 13 December 2018.
  45. ↑ "Plans for Wetherspoon museum in Wolverhampton pub approved". BBC News . 1 April 2020. Retrieved 2 June 2021.
  46. ↑ "Wetherspoon to sell Beaconsfield M40 services pub". BBC News. 28 September 2022. Retrieved 29 September 2022.
  47. ↑ Farrell, Sean (27 October 2019). "JD Wetherspoon may have breached law over 1.9m Brexit beer mats". The Guardian . London, England: Guardian News & Media Limited. Archived from the original on 27 October 2019. Retrieved 17 September 2022.
  48. ↑ "The Wetherspoon app". J D Wetherspoon.

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