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It was established as a joint venture incorporated as The Joint Credit Card Company Limited with Lloyds, Midland and National Westminster banks each owning 30% and Williams & Glyn's owning 10%. [4] The Access name was registered as a trademark on 26 November 1971 [ 5 ] and the product was launched on 23 October 1972. [ 6 ]
Nectar is a loyalty card scheme in the United Kingdom run by Nectar 360 Limited, [2] [1] company wholly owned by Sainsbury's. The scheme is the largest in the United Kingdom, and comprises a number of partner companies including Sainsbury's, Esso, Argos and British Airways. It launched in 2002 with initially four partner companies, and by 2010 ...
Home Retail Group plc was a British retail company established on 10 October 2006, following the spin-off of Argos Retail Group (ARG) from GUS plc. It was listed on the London Stock Exchange (LSE). The group primarily comprised two retailers: Argos and Homebase, as well as in-house brands such as Chad Valley and Habitat. In April 2007, the ...
Argos was launched with thousands of staff, taking £1 million during a week in November. [10] Argos was purchased by BAT Industries in 1979 for £32 million. In 1980, Argos opened its Elizabeth Duke jewellery counter (named after a director's wife) and by 1982, was the United Kingdom's fourth-biggest jewellery retailer.
On 13 May 2013 the company completed the purchase of Santander UK's store card business, including branded cards issued for retailers including Topshop, Dorothy Perkins, House of Fraser and Debenhams. [2] Santander continued to operate the cards business until 1 April 2014, when SAV took full control and was renamed NewDay. [3] [4]
It enjoyed a monopoly of the credit card market in the United Kingdom until the introduction of the Access Card in October 1972. [4] Barclays was not the first issuer of a credit card in the United Kingdom though; Diners Club and American Express launched their charge cards in 1962 and 1963 respectively.
The first online credit card was launched in September 1999. [2] It was only possible to operate an Egg account over the internet, or via their call centre. Egg specialised in savings and general insurance, together with loans, credit cards and mortgage products. [3] The business was sold in January 2007 to Citigroup.
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