Wetherspoons warns prices could rise if sales do not continue to grow
‘We try to remain competitive in every pub’, pub boss Tim Martin told The Independent
Leading pub chain J D Wetherspoon has warned that its prices could rise if sales do not continue to grow amidst “ferocious inflation.”
Sales have been increasing since lockdown restrictions were lifted but with inflation reaching 10.4% in February, the chain remains “cautiously optimistic.” If takings do not continue to grow at a “modest” rate, then it could be forced to hike prices further.
J D Wetherspoon owns just shy of 900 pubs across England, Scotland, Wales, Northern Ireland and the Republic of Ireland, opening its first establishment in Muswell Hill, north London, in 1979.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies