Wetherspoons Explained

J D Wetherspoon
Former Name:J.D. Wetherspoon Organisation Limited (19831992)[1]
Type:Public limited company
Founder:Tim Martin
Location:Watford, England
Key People:Tim Martin (Chairman)
John Hutson (CEO)
Industry:Hospitality
Products:Public houses and hotels
Revenue: £1,925.0 million (2023)[2]
Operating Income: £107.1 million (2023)
Net Income: £59.6 million (2023)
Num Employees:42,208 (2023)

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] 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]

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 In 1998, Wetherspoons introduced the oversized pint glass to promote the "full pint".[9] This initiative was withdrawn, supposedly because customers were still asking for top-ups, but arguably because other pub chains did not follow its lead.[10]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

Though some are new-build or late twentieth 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]

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.[29] [30] 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.[31]

The first Wetherspoon pub in Northern Ireland was The Spinning Mill in Ballymena, County Antrim, which opened in 2000.[32] 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.[33] [34] [35] 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.[36]

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.[37]

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.[38]

Every Wetherspoons in Great Britain was visited by Mags Thomson from 1994 to October 2015. She visited 972, which included 80 that had subsequently closed.[39]

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.[40] Plans were approved in April 2020.[41]

In 2022, the company announced it was selling 32 of its sites, including that at the Beaconsfield motorway service area.[42]

Carpets

Every Wetherspoons pub has one or more unique carpets, inspired by the pub's name, location and building. They are made by Axminster Carpets and, sometimes 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.[43] These have been the subject of a book, Spoons Carpets, by Kit Caliss[44] [45] and a colouring book, Colour Your Own Spoons Carpet.[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]

Notes and References

  1. Web site: 1983-03-25 . J D WETHERSPOON PLC overview - Find and update company information - GOV.UK . 2024-01-22 . . en.
  2. Web site: Annual Report 2023. 13 February 2024. J D Wetherspoon.
  3. Web site: Search Here To Find Your Local Pub All Pubs . J D Wetherspoon . 2 June 2021.
  4. News: Good News Britain: We're putting the 'pub' in 'public' . https://ghostarchive.org/archive/20220112/https://www.telegraph.co.uk/finance/comment/9544497/Good-News-Britain-Were-putting-the-pub-in-public.html . 12 January 2022 . subscription . live . London . The Daily Telegraph . Tim . Martin . 14 September 2012.
  5. Web site: Refurb for Tim Martin's first outlet . Property News . Morning Advertiser . 26 February 2010.
  6. News: Cumming . Ed . How Britain fell for Wetherspoon's . 2 June 2021 . . 6 August 2017 . en.
  7. http://www.morningadvertiser.co.uk/news.ma/article/2891 Refurb for Tim Martin's first outlet
  8. News: Mathiason . Nick . The real pub landlord . 2 June 2021 . . 3 March 2002 . en.
  9. News: The Investment Column: Wetherspoon dips in growth glitch . Business, News . The Independent . 11 March 1998 . 26 February 2010 . London.
  10. Web site: Full Pint Issue 6 . CAMRA North London . 28 August 2002 . 26 February 2010 . dead . https://web.archive.org/web/20080604093624/http://www.camranorthlondon.org.uk/fullpint/fp0605.html . 4 June 2008 .
  11. News: Wetherspoon pubs ban smoking. 2 June 2008. BBC News . 24 January 2005.
  12. News: Wetherspoon pubs to ban smoking. 2 June 2008. guardian.co.uk . London . Mark . Tran . 24 January 2005.
  13. News: Pub chain pays damages over traveller race bias. 18 May 2015. London Evening Standard. 10.
  14. News: Christie. Sophie. JD Wetherspoon closes all of its social media accounts with immediate effect. https://ghostarchive.org/archive/20220112/https://www.telegraph.co.uk/business/2018/04/16/jd-wetherspoon-closes-social-media-accounts-immediate-effect/ . 12 January 2022 . subscription . live. 16 April 2018. The Daily Telegraph. 16 April 2018.
  15. Web site: Wetherspoon to replace champagne with British sparkling wines in the run-up to Brexit. 13 June 2018. The Independent.
  16. https://www.theguardian.com/business/2020/mar/20/coronavirus-wetherspoons-boss-says-uk-pubs-will-stay-open-as-long-as-possible Wetherspoons boss says UK pubs will stay open as long as possible
  17. News: PM orders shutdown of all bars and restaurants. 21 March 2020. The Times. 1.
  18. Web site: 2020-03-24 . Millionaire Wetherspoon's boss says staff might want to work for Tesco . Colin . Drury . The Independent . en . live . https://web.archive.org/web/20221020111949/https://www.independent.co.uk/news/uk/home-news/coronavirus-wetherspoon-tim-martin-pub-closed-tesco-supermarket-uk-a9420906.html%3famp . Oct 20, 2022 .
  19. News: JD Wetherspoons Corrects Media Reports On Staff Pay And Reopenings . Morning Star . 7 May 2020 . 24 August 2020.
  20. Web site: JD Wetherspoon refuses to pay suppliers until lockdown ends. Rob . Davies . 25 March 2020. The Guardian. 29 March 2020.
  21. News: Pub chain Wetherspoons pushed by Covid to first annual loss since 1984 . https://ghostarchive.org/archive/20221210/https://www.ft.com/content/972248cf-1a78-4c3a-b50e-f3e58b29df6e . 10 December 2022 . subscription . live. Financial Times. 16 October 2020. 16 October 2020. Alice Hancock.
  22. News: Wood . Zoe . JD Wetherspoon to create 2,000 jobs with post-lockdown investment . 2 June 2021 . . 30 March 2021 . en.
  23. Web site: Quality Food, Great Value – Food Menu . J D Wetherspoon. 2 June 2021.
  24. Web site: Wetherspoon's spring festival focuses on British hops. Cask Marque. 2 February 2015. 16 April 2016.
  25. News: Pub giant JD Wetherspoon to slash prices on Thursday. 12 September 2022. Herald Scotland. 14 September 2022.
  26. Web site: VAT rates on different goods and services . www.gov.uk . UK government . 14 September 2022.
  27. News: Wetherspoons launches £1.29 pint as VAT rates cut . 5 September 2020 . www.independent.co.uk . en.
  28. Web site: Pub Histories. Wetherspoons. 30 March 2018.
  29. Web site: First look: See inside the new £2 million North Western pub at Lime Street. 3 July 2015. Liverpool Echo. 16 April 2016.
  30. Web site: JD Wetherspoon To Open 900th Pub Next Week. 24 March 2014. 24 March 2014. https://web.archive.org/web/20140324014945/http://catererlicensee.com/jd-wetherspoon-to-open-900th-pub-next-week/. dead.
  31. Web site: Yr Hen Orsaf Aberystwyth . J D Wetherspoon . 20 July 2019 . AYW-pub.
  32. Web site: JD Wetherspoon makes Northern Ireland debut. 14 August 2000. EG Radius. 5 April 2022.
  33. Web site: Open for business: Wetherspoon's first Irish pub serves its first customers. 8 July 2014. The Journal. 8 July 2014.
  34. News: Guinness pulled from menu at Wetherspoon's Blackrock pub . . 30 June 2014 . Ciarán Hancock .
  35. Web site: Video: First look inside Ireland's first Wetherspoon pub. Independent.ie. 3 April 2015.
  36. News: Telford . Thomas . Rob Kearney and Jamie Heaslip among rugby legends to buy southside Wetherspoons . 5 April 2022 . DublinLive . 25 January 2022 . en.
  37. Web site: JD Wetherspoon opens first motorway pub. The Independent. 21 January 2014. 3 April 2015.
  38. News: JD Wetherspoon to open hotel, bar at homeless hostel in Dublin. 15 December 2014. The Irish Times.
  39. News: One woman's 21-year odyssey to visit every Wetherspoon's. 31 October 2015. BBC News. 29 April 2017.
  40. Web site: National museum part of £7m city Wetherspoon plan. wolverhampton.gov.uk. 13 December 2018.
  41. News: Plans for Wetherspoon museum in Wolverhampton pub approved . 2 June 2021 . . 1 April 2020.
  42. News: Wetherspoon to sell Beaconsfield M40 services pub . 28 September 2022 . BBC News . 29 September 2022 .
  43. News: Haynes . Gavin . 2016-01-10 . The secret life of Wetherspoon's freaky carpets . The Guardian . en-GB . live . https://web.archive.org/web/20230516054922/https://www.theguardian.com/lifeandstyle/shortcuts/2016/jan/10/wetherspoons-carpet-tumblr-blog . May 16, 2023 .
  44. News: Sanderson . Caroline . Kit Caless: 'If I'd pitched the book from scratch, I'd have been laughed out of every publisher's office' . The Bookseller . 29 September 2016 . 11 April 2021 . dead . https://web.archive.org/web/20210411132550/https://www.thebookseller.com/profile/kit-caless-if-i-d-have-pitched-book-scratch-i-d-have-been-laughed-out-every-publisher-s . 11 April 2021 .
  45. Book: Caless . Kit . Spoon's carpets. An appreciation. . 2016 . Square Peg . London . 9781910931493.
  46. Book: Hancock . Louie . Colour Your Own Spoons Carpet: bumper uk edition. . 2020 . Independent Publishing Network . [S.l.] . 978-1838537524.
  47. News: Farrell . Sean . JD Wetherspoon may have breached law over 1.9m Brexit beer mats . 17 September 2022 . . Guardian News & Media Limited . 27 October 2019 . https://web.archive.org/web/20191027122514/https://www.theguardian.com/business/2019/oct/27/jd-wetherspoon-may-have-breached-law-over-19m-brexit-beer-mats . 27 October 2019 . . en.
  48. Web site: The Wetherspoon app . J D Wetherspoon.