when did marks and spencer start accepting credit cards
Marks & Spencer M&S's profits peaked in the financial year 1997/1998.[6] At the time it was seen as a continuing success story, but with hindsight it is considered that during Sir Richard Greenbury's tenure as head of the company, profit margins were pushed to untenable levels, and the loyalty of its customers was seriously eroded. The rising cost of using British suppliers was also a burden, as rival retailers increasingly imported their goods from low-cost countries, but M&S's belated switch to overseas suppliers undermined a core part of its appeal to the public. Another factor was the company's refusal until 2001 to accept any credit cards except its own chargecard.[28]
South African Bank Note Company The South African Bank Note Company was established in 1958 as a result of a decision by the South African Government to print South African currency locally.[1] The South African Reserve Bank formed a joint venture with Bradbury Wilkinson and Company and commenced production from a factory in Pretoria. Bradbury Wilkinson and Company's shareholding was eventually taken over by the South African Reserve Bank.[1]