Wetherspoons Wetherspoons 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 operates arond 900 outlets, including the chain of Lloyds No.1 bars and a growing number of Wetherspoon hotels. With its headquarters in Watford, Wetherspoon is known for converting unconventional yet attractive premises into pubs. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Tim Martin opened his first pub in 1979, in Colney Hatch Lane in Muswell Hill, north London. Many of
Pub chain are an evolution of the tied house system. During the latter half the nineteenth century increased competition between the large breweries led many of them to buy up local pubs and directly employ publicans to run them, in an attempt to secure markets for their products. Although tied houses had existed in some cities since the seventeenth century, this period has come to be known as the birth of the tied house system. As well as guaranteeing markets for a brewery, the tied house system allowed an uninterrupted supply chain, directly from the brewery to the pub, keeping costs down.