Is it time to shut down J.D. Wetherspoons? – Mal Content.

Wessex Solidarity

Last orders for the Prince of Wales Cardiff?

There are a few things I like about Wetherspoons; real ale at around £2.50 a pint, plenty of space, and you can always eat for free if you hang around long enough, no one ever seems to finish their dinner and I’m not really that bothered what I eat when there isn’t a transaction involved.

Their selling point is you know what to expect and can more or less budget for it before you walk in, and that’s all they’ve got going for them really, the privileges that come with a large chain, high turnover and the resulting leverage with suppliers. Chairman Tim Martin was heavily influenced by Wal-Mart’s founder Sam Walton, to the extent of making his book required reading for pub managers. His policy was to corner the market by buying up and selling off smaller pubs then open larger ones nearby. Your local struggling independent hostelry may…

View original post 541 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s