Tag Archive | "j.d. wetherspoons"

Wetherspoon Completes On First Chicago Rock Site

Wetherspoon Completes On First Chicago Rock Site

JD Wetherspoon has completed the acquisition of one of the dozen 3D Entertainment sites it has lined up. It has bought the Chicago Rock Cafe site in Stourbridge, West Midlands. The company already operates a Lloyd's Number One bar on the town's High Street. The company is yet to fix an opening date for the new pub, which will launch under the Wetherspoon brand. A spokesman from JD Wetherspoon said: "This will compliment our existing outlet in the town, we will be keeping our existing venue which has been very successful, which is why we were looking for another site. [...more]

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JD Wetherspoon Snapping Up Bargain Pubs

JD Wetherspoon Snapping Up Bargain Pubs

The company reports that cash returns on investment are now improving from the recent level of 10-11% because of the availability of cheap freehold and leasehold sites. The company is also now able to use demographic data to predict new site performance within narrow bands. The information emerged from a meeting between Wetherspoon management and City analyst Paul Hickman of KBC Peel Hunt this week. Hickman reports that trading remains in a stable pattern with the company not having to promote or discount excessively. [...more]

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