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[3] [2] Barclaycard was originally a BankAmericard licensee, and became part of the Visa network on its formation in September 1976. [2] [4] In 2021, Barclaycard cut credit limits for over 100,000 customers, including customers who had never missed a payment. In some cases limits were cut by over 95%, resulting in "completely useless" credit ...
The Zieglers founded Banana Republic in Mill Valley, California, in 1978. The brand's safari-style clothing was styled by Patricia Ziegler. Mel wrote the catalog. Upon hearing the business's name, a friend told the Zieglers, "Bad choice. You'll be picketed by people from small hot countries." [2]
Barclays launched the first credit card in the UK, Barclaycard, in 1966. On 27 June 1967, Barclays deployed the world's first cash machine , in Enfield ; Barclays Bank, Enfield . [ 28 ] [ 29 ] The British actor Reg Varney was the first person to use the machine.
Barclaycard set up the competition to choose a Chant Laureate, to be paid £10,000 to tour Premier League stadia and compose chants for the 2004–05 football season. The judging panel was chaired by the Poet Laureate Andrew Motion , who said "What we felt we were tapping into was a huge reservoir of folk poetry."
The company operates four primary divisions: the namesake Gap, Banana Republic, Old Navy, and Athleta. Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M . [ 7 ]
Cover of Cabbages and Kings (1904 edition). In the 20th century, American writer O. Henry (William Sydney Porter, 1862–1910) coined the term banana republic to describe the fictional Republic of Anchuria in the book Cabbages and Kings (1904), [1] a collection of thematically related short stories inspired by his experiences in Honduras, whose economy was heavily dependent on the export of ...
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Since banana exports came to dominate the overseas trade and most of the foreign exchange earnings of Central American countries, and the companies could use their financial clout as well as carefully established connections with local elites, they had great influence over politics in those areas, leading O. Henry, who lived in Honduras (which ...