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It came as the pub company reported higher sales over recent months. It said like-for-like sales rose by 5.1% over the 25 weeks to January 19 compared with a year earlier.
In 2000, under Martin's leadership, Wetherspoons opened its 400th location and by 2008 the number had increased to 800 Wetherspoons locations. [citation needed] In 2005, Martin was voted the fifth most influential person in the UK pub industry. [11] He is an admirer of Sam Walton's business philosophy. [12]
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The group said it is now expecting losses of around £30 million for the year to the end of July.
J D Wetherspoon (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]
JD Wetherspoon reports a record annual loss of £154.7m after its pubs were closed for 19 weeks due to lockdowns in late 2020 and early 2021. [ 399 ] The temporary VAT reduction from 20% to 5% for hospitality sector businesses comes to an end, rising to 12.5% until April 2022, when it will return to its pre-COVID level [ 400 ]
The UK pub chain said revenue in the three weeks to 13 March were just 2.6% below levels before the start of the health crisis, with 'more normal trading patterns'. Wetherspoons to raise prices ...
A West Midlands Police statement said: “We’ve arrested three men after three people were injured in a stabbing at a pub in Birmingham. “We were called to the Navigation Inn on Wharf Road in ...