Wetherspoons

J D Wetherspoon plc

Type	Public limited company
Traded as	LSE: JDW
Industry	Hospitality industry
Founded	1979
Founder	Tim Martin
Headquarters	Watford, Hertfordshire, England
Key people	Tim Martin (Chairman) John Hutson (CEO)
Products	Public houses and hotels
Revenue	£1,660.8 million (2017)[1]
Operating income	£128.5 million (2017)[1]
Net income	£56.1 million (2017)[1]
Number of employees	37,000 (2017)[2]
Website	www.jdwetherspoon.co.uk

J D Wetherspoon plc, branded as Wetherspoon, is a pub company in the United Kingdom and the Republic of Ireland. Founded in 1979 by Tim Martin, the company owns just under 1,000 outlets, including the chain of Lloyds No.1 bars and the chain of Wetherspoon hotels. With its headquarters in Watford, Wetherspoon is known for converting unconventional premises into pubs. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.^[3]

History

Tim Martin opened his first pub in 1979, in Colney Hatch Lane in Muswell Hill, north London.^[4] 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 name of one of Martin's teachers in New Zealand.^[5][6][7][8] Martin said, "I decided to call it Wetherspoon's after a former teacher – not because the teacher in question at my primary school in New Zealand had said I would never make it, as some people think, but because he was too nice a fellow to be running our particular class and he couldn't control it. So I thought: I can't control the pub, he couldn't control the class, so I'll name it after him."^[9]

During the 1990s, Wetherspoon began a policy of routinely closing its smaller or less profitable outlets, often—but not always—replacing them with larger premises close by. In 1998, Wetherspoon introduced the oversized pint glass to promote the "full pint".^[10] This initiative was withdrawn, supposedly because customers were still asking for top-ups, but arguably because other pub chains did not follow its lead.^[11]

In 2015, Wetherspoon was made to pay a total of £24,000 for "direct racial discrimination" to eight individuals who were refused admittance to one of its pubs in north London based on what a judge described as "the stereotypical assumption that Irish travellers and English gypsies cause disorder wherever they go".^[12]

Food and drink

Weekly food promotions include the Steak Club on Tuesday, the Chicken Club on Wednesday, the Curry Club on Thursday, Fish and Chips on Friday and Brunch on Sundays. Wetherspoon claims to be "the only large pub firm which opens all its pubs early in the morning", serving breakfast and coffee. The full food menu is available well into the late evening.^[14][15]

Wetherspoon hosts two Ale Festivals in March/April and October each year, when a larger range of guest ales is available in each pub, and a Cider Festival in the summer.^[16]

Properties and operations

Beckett's Bank in Leeds, its name reflecting the building's former use

The Picturedrome in Liverpool, a converted cinema

Many Wetherspoon pubs are conversions of existing buildings, including:^[17]

• Theatres and cinemas: The Regal, Cambridge; The Ritz, Lincoln; The Playhouse, Colchester, The York Palace, Llanelli; Opera House, Tunbridge Wells; The Capitol, Forest Hill; Coronet, Holloway; Prince Of Wales, Cardiff; The Salt Cot, Saltcoats; The Picture Palace, Enfield; The Regal Cinema, Rochdale; The Hippodrome, March; The Plaza, Rugeley; The Capitol, Dundee; The Peter Cushing, Whitstable; The Gordon Highlander, Inverurie; The Caley Picture House, Edinburgh; The Clifton Cinema, Sedgley; The Palladium, Llandudno; The Picture House, Colwyn Bay; The Montagu Pyke, formerly The Marquee Club, Charing Cross Road; The Art Picture House, Bury; The Moon Under Water, Manchester; The Picture House, Stafford; The York Palace, Llanelli.
• Banks: The Crosse Keys, City of London; Bankers Draft, Sheffield; The Twelve Tellers, Preston; The Standing Order, Derby; The Standing Order, Edinburgh; The Standing Order, Southampton; Becketts Bank, Leeds; The Moon and Sixpence, Hatch End; The Counting House, Congleton; The Counting House, Glasgow; The Archibald Simpson, Aberdeen; The Counting House, Dundee; The Bank Statement, Swansea.
• Post offices: The Wheeping Ash, St Neots; The Penny Black, Bicester; The Last Post, Paisley, Southend; Loughton; Humphrey Bean, Tonbridge; The Narrows, Abingdon; The Arnold Machin, Newcastle-under-Lyme; The Poste of Stone, Stone; Sandford House, Huntingdon; The Last Post, Beeston; The William Webb Ellis, Twickenham; The Postal Order, Blackburn; The College Arms, Peterborough, The Postal Order, Crystal Palace; The Wilfred Owen, Oswestry; The Exchange, Banbury.
• Swimming pools: Rawson Spring, Sheffield.
• Churches: The Man in the Moon, Newport; The Church House, Wath-upon-Dearne; Chapel An Gansblydhen, Bodmin; The West Kirk, Ayr; The Black Bull Inn, Bangor; The Earl of Zetland, Grangemouth; The Samuel Peto, Folkestone; The Old Chapel, Darwen; George's Meeting House, Exeter.Nine Arches, Earlestown;

Many Wetherspoon properties are listed buildings.^[18] Wetherspoon bars are situated in the passenger terminals of many UK airports, such as Doncaster Sheffield Airport, Liverpool John Lennon Airport, Edinburgh Airport, Glasgow Airport, Gatwick Airport, Stansted Airport, Aberdeen Airport and Heathrow Airport, and in several main railway stations including London Victoria, London Liverpool Street, London Cannon Street, Leeds and Liverpool Lime Street.^[19][20]

Wetherspoon 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.^[21][22]

The first Wetherspoon's pub in Ireland was The Spinning Mill in Ballymena, County Antrim, in Northern Ireland, which opened in 2000. The Republic of Ireland's first Wetherspoon pub, The Three Tun Tavern, opened in Blackrock, County Dublin, in 2014.^[23][24][25]

In 2014, Wetherspoon controversially opened a pub at the Beaconsfield motorway service area on the M40.^[26]

Wetherspoon also owns a chain of hotels in the UK. As of 2015, there are 34 hotels in England, Wales and Scotland. In 2014, it was reported that the company would open a pub and 100-room hotel in Camden Street, Dublin, Ireland.^[27] The first hotel opened by the company in the Republic of Ireland officially opened on the 17th of August 2018 in The Old Borough, Swords.

In 2015, Wetherspoon bought the Grade II* Listed Art Deco State Cinema in Grays, Essex which had been under threat of damage from vandalism and water ingress for a number of years.^[28]

Every Wetherspoon pub has a unique carpet, drawing on the location, building and name. 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]

Mags Thomson visited every Wetherspoon in Great Britain from 1994 to October 2015. She reached a total of 972 which included 80 that have subsequently closed.^[30]

Brexit

The firm — whose founder is a strong supporter of Brexit — will replace champagne with British sparkling wines and Australian wines by 9 July 2018. The goal of the firm is to sell cheaper drinks and to get cheaper alcohol to its two million weekly customers.^[31]

References

External links

Wikimedia Commons has media related to J D Wetherspoon.

• Official website