- Hospitality hit hardest by living wage hike
- Site expansion key to profit growth
JD Wetherspoon (JDW) chairman Tim Martin took the opportunity to advance his crusade against supermarkets in the group’s latest trading update.
His primary complaint – which he has made since 2010 if not earlier – is the price differential between a pint purchased in Tesco (TSCO) or Sainsbury’s (SBRY) and one served in his establishments. This is important given his pub group is competing with off-trade sales as much as other venues, and higher labour costs will widenthis divide.