101-545: The Co-operative Travel is a travel agency brand used by some independent retail co-operatives in the United Kingdom, such as Midcounties Co-operative, through their access to The Co-operative brand. Between 2011 and 2016, the brand was also used by TCCT Retail Limited, a travel agency run as a joint venture between the Thomas Cook Group, The Co-operative Group, and Central England Co-operative. TCCT Retail
202-620: A terracotta seal with the American Express Eagle. In 1890–91 the company constructed a new ten-story building by Edward H. Kendall on the site of its former headquarters on Hudson Street . By 1903, the company had assets of some $ 28 million, second only to the National City Bank of New York among financial institutions in the city. To reflect this, the company purchased the Broadway buildings and site. At
303-592: A 4.61% worldwide market share by payment volume in 2022, compared to 38.73% for Visa and 24% for Mastercard. While American Express credit cards are accepted at 99% of US merchants that accept credit cards ( Costco being a notable exception), they are much less accepted in Europe and Asia. American Express offers various types of cards including travel and dining cards, everyday spending points cards, and cash back cards. Each category has several card options with different benefits and reward structures. High-profile cards like
404-672: A better solution than the letter of credit. Berry introduced the American Express Traveler's Cheque which was launched in 1891 in denominations of $ 10, $ 20, $ 50, and $ 100. Traveler's cheques established American Express as a truly international company. In 1914, at the onset of World War I , American Express in Europe was among the few companies to honor the letters of credit (issued by various banks) held by Americans in Europe, because other financial institutions refused to assist these stranded travelers. The British government appointed American Express its official agent at
505-466: A century after its opening on 3 October 1938. It was refurbished in 1973 and became the Cannon Cinema after a takeover in 1986, but closed on 18 November 1993 after operating as a cinema for 55 years. It was demolished some 18 months later and the town's new Woolworth's store was built on its site. The store closed down at the end of 2008 when the retailer went into liquidation, and the building
606-638: A cost of £20,000 to a design by Francis Goodwin . St Martin's Church was consecrated in 1960 to serve the suburban housing estates of Orchard Hills, Brookhouse and Park Hall. Mellish Road Methodist Chapel , built 1910, had to be demolished in 2011, due to subsidence. Other churches in Walsall include: The Crossing at St Paul's , in the town centre, and the Rock Church, near the Walsall Arboretum, Walsall Community Church, which meets at
707-502: A few years later. Construction is ongoing in St Matthew's Quarters. A new Asda store opened in 2007 and when completed St Matthew's Quarters will also include brand shops and modern flats. In 2010 Tesco opened a new 10,000 sq ft (930 m ) shopping complex upon the former site of Walsall College , which moved to its new Wisemore Campus the year prior. The Savoy Cinema was a landmark on Park Street for more than half
808-724: A financial services holding company and made several acquisitions, creating an investment banking arm. In mid-1981 it purchased Sanford I. Weill 's Shearson Loeb Rhoades , the second-largest securities firm in the United States to form Shearson/American Express . Shearson Loeb Rhoades itself was the culmination of several mergers in the 1970s as Weill's Hayden, Stone & Co. merged with Shearson, Hammill & Co. in 1974, to form Shearson Hayden Stone . Shearson Hayden Stone then merged with Loeb, Rhoades, Hornblower & Co. (formerly Loeb, Rhoades & Co. ) to form Shearson Loeb Rhoades in 1979. With capital totaling $ 250 million at
909-581: A gas explosion killed one person and destroyed the west window of St Matthew's Church. Walsall finally received a railway line in 1847, 48 years after canals reached the town, Bescot having been served since 1838 by the Grand Junction Railway . In 1855, Walsall's first newspaper, the Walsall Courier and South Staffordshire Gazette , was published. The Whittimere Street drill hall was completed in 1866. The Victorian Arcade in
1010-534: A local bank card clearing business license in China. In a court case Ohio v. American Express Co. (2018), merchants filed a class action lawsuit against American Express and claimed that charging high fees to merchants is a violation of the Sherman Antitrust Act . According to the lawsuit, American Express charges significantly higher fees than other credit card providers. In January 2017,
1111-594: A minority stake in a travel business no longer fit with its strategy and said that it would exercise its option to quit the joint venture. Thomas Cook announced it would buy out the stakes owned by The Co-operative Group and Central England Co-operative, taking full control of the retail network and rebranding the high street travel stores that had operated under the Co-operative brand gradually during 2017–18. Thomas Cook's UK travel agencies were sold to Hays Travel in 2019 after Thomas Cook had been liquidated. While it
SECTION 10
#17327870933901212-479: A number of housing regeneration projects in the most deprived areas. Many of the town's 1960s tower blocks have been demolished, as well as interwar council housing in parts of Blakenall Heath and Harden, along with all of the Goscote estate. New private and social housing has been built on the site of most of the demolished properties. Walsall underwent modernisation in the 1970s with a new town centre being built at
1313-414: A range of services including package holidays, city breaks, hotels, flights, cruises, and skiing holidays. Foreign exchange services were also available, including American Express traveller's cheques . The Co-operative Travel Cash Passport was issued by Travelex , and travel insurance was underwritten by White Horse Insurance Ireland. All flights and flight-inclusive holidays were financially protected by
1414-481: A regional depot. Currently established businesses include Homeserve plc and South Staffordshire Water . The three largest businesses by turnover in the borough are all involved with the storage and distribution of retail goods to an associated network of high street or cornershop stores. Poundland Ltd (owned by South African giant Steinhoff), A F Blakemore and Sons Ltd and One Stop Stores Ltd (part of Tesco plc) turn over more than £4.5bn annually between them. Walsall
1515-540: A result of antitrust litigation brought by the United States Department of Justice . In January 2004, American Express reached a deal to have its cards issued by MBNA . Initially decried by Mastercard executives as nothing but an "experiment", the cards were issued beginning in October 2004. An agreement was reached regarding the acquisition of MBNA by Bank of America whereby Bank of America owned
1616-414: A tightly controlled, single-use card number. In March 2008, Standard Chartered Bank acquired American Express Bank Ltd, the international banking subsidiary of American Express for $ 823 million. On November 10, 2008, during the 2007–2008 financial crisis , the company received Federal Reserve System approval to convert to a bank holding company , making it eligible for government assistance under
1717-477: A village of 2,000 people in the 16th century to a town of over 86,000 in approximately 200 years. The town manufactured a wide range of products including saddles, chains, buckles and plated ware. Nearby, limestone quarrying provided the town with much prosperity. In 1824, the Walsall Corporation received an Act of Parliament to improve the town by providing lighting and a gasworks . The gasworks
1818-668: Is one of the largest US banks , and is ranked 77th on the Fortune 500 and 28th on the list of the most valuable brands by Forbes . In 2023, it was ranked 63rd in the Forbes Global 2000 . Amex also owns a direct bank . Founded in 1850 as a freight forwarding company, Amex introduced financial and travel services during the early 1900s. It developed its first paper charge card in 1958, gold card in 1966, green card in 1969, platinum card in 1984, and Centurion Card in 1999. The "Don't Leave Home Without It" advertising campaign
1919-676: Is an American bank holding company and multinational financial services corporation that specializes in payment cards . It is headquartered at 200 Vesey Street , also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan . Amex is the fourth-largest card network globally based on purchase volume, behind China UnionPay , Visa , and Mastercard . 141.2 million Amex cards were in force worldwide as of December 31, 2023, with an average annual spend per card member of US$ 24,059. That year, Amex handled over $ 1.7 trillion in purchase volume on its network. Amex
2020-586: Is derived from " Walh halh", meaning "valley of the Welsh", referring to the British who first lived in the area. Later, it is believed that a manor was held here by William FitzAnsculf , who held numerous manors in the Midlands . By the first part of the 13th century, Walsall was a small market town with a manor house , with the weekly market being introduced in 1220 and held on Tuesdays. The mayor of Walsall
2121-551: Is home to four mosques: Masjid-e-Usman, Shah Jalal Masjid, Jalalia Masjid, and Ghausia Qasmia Mosque. In Chuckery , in the southeast of Walsall, lies Anjuman-e-Gosia Mosque, and Jamia Masjid Ghausia is located in the Birchills neighbourhood. There is also a private Islamic school and Madrassah with four campuses across Walsall known as Abu Bakr Trust. Most mosques in Walsall also run their own evening Madrassahs. American Express The American Express Company or Amex
SECTION 20
#17327870933902222-789: Is home to the University of Wolverhampton 's Sports and Art Campus and School of Education, all part of the Walsall Campus in Gorway Road, which includes a student village. Walsall College provides further education , and is based around three sites across Walsall. There are ten secular junior schools and three religious junior schools near the town centre. Walsall also houses many secondary schools, including comprehensives, academies, private and state grammar schools (Namely Queen Mary's Grammar School and Queen Mary's High School ). The age of transfer to secondary school throughout
2323-445: Is the administrative centre of the wider Metropolitan Borough of Walsall . It was transferred from Staffordshire to the newly created West Midlands County in 1974. At the 2011 census, the town's built-up area had a population of 67,594, with the wider borough having a population of 269,323 . Neighbouring settlements in the borough include Darlaston , Brownhills , Pelsall , Willenhall , Bloxwich and Aldridge . The name Walsall
2424-538: The American Bureau of Shipping , a maritime concern (1977–86), and later J.J. Kenny, and Standard & Poor's , the latter of which renamed the building for itself. American Express extended its reach nationwide by arranging affiliations with other express companies (including Wells Fargo – the replacement for the two former companies that merged to form American Express), railroads, and steamship companies. In 1857, American Express started its expansion in
2525-553: The American Railway Express Agency formed in July 1918. The new entity took custody of all the pooled equipment and property of existing express companies (the largest share of which, 40%, came from American Express, who had owned the rights to the express business over 71,280 miles (114,710 km) of railroad lines, and had 10,000 offices, with over 30,000 employees). American Express executives discussed
2626-746: The Queen's handbags, saddles for the royal family and leathergoods for the Prince of Wales . Walsall is the traditional home of the English saddle manufacturing industry, hence the nickname of Walsall Football Club , " the Saddlers " . Apart from leather goods, other industries in Walsall include iron and brass founding, limestone quarrying, small hardware, plastics, electronics, chemicals and aircraft parts. Walsall's location in Central England and
2727-694: The Tribeca section of Manhattan. For years it enjoyed a virtual monopoly on the movement of express shipments (goods, securities, currency, etc.) throughout New York State. In 1874, American Express moved its headquarters to 65 Broadway in what was becoming the Financial District of Manhattan, a location it was to retain through two buildings. In 1854, the American Express Co. purchased a lot on Vesey Street in New York City as
2828-648: The Troubled Asset Relief Program . At that time, American Express had total consolidated assets of about $ 127 billion. In June 2009, $ 3.39 billion in TARP funds were repaid plus $ 74.4 million in dividend payments. In July 2009, the company ended its obligations under TARP by buying back $ 340 million in Treasury warrants. As part of the conversion, the company reduced or closed many business lines of credit. In 2009, American Express introduced
2929-478: The $ 226 million credit card portfolio of Bank of Hawaii , then a division of Pacific Century Financial Corporation In January 2006, American Express sold its Bank of Hawaii card portfolio to Bank of America ( MBNA ). Until 2004, Visa and Mastercard rules prohibited issuers of their cards from issuing American Express cards in the United States. This meant, as a practical matter, that U.S. banks could not issue American Express cards. These rules were struck down as
3030-800: The 1980s, began accepting cards using the Visa and Mastercard payment networks. In 2011, Amex launched the Blue Cash Preferred Card credit card. In October 2012, The Consumer Financial Protection Bureau (CFPB) required three American Express subsidiaries to refund an estimated $ 85 million to approximately 250,000 customers for illegal card practices between 2003 and 2012. Allegations included that American Express made misleading statements regarding signup bonuses, charged unlawful late fees, discriminated against applicants due to age, and failed to report consumer complaints to regulators. Also in October 2012, American Express and Walmart announced
3131-532: The 2nd U.S. Circuit Court of Appeals affirmed a lower court ruling that American Express could block merchants that accept its cards from steering customers to other cards, like those offered by Visa and Mastercard. In June 2018, the Supreme Court of the United States affirmed the 2nd Circuit's ruling. In 2018, the Gold Card was converted to a credit card for UK residents, but remains a charge card in
The Co-operative Travel - Misplaced Pages Continue
3232-606: The ATOL scheme. Walsall Walsall ( / ˈ w ɔː l s ɔː l / , or / ˈ w ɒ l s ɔː l / ; locally / ˈ w ɔː s ʊ l / ) is a market town and administrative centre of the borough of the same name in the West Midlands , England. Historically part of Staffordshire , it is located 9 miles (14 km) northwest of Birmingham , 7 miles (11 km) east of Wolverhampton and 9 miles (14 km) southwest of Lichfield . Walsall
3333-571: The American Express Travelers Cheque Card, a stored-value card that serves the same purposes as a traveler's cheque, but can be used in stores like a credit card. Amex discontinued the card in October 2007. On September 30, 2005, American Express completed the corporate spin-off of its American Express Financial Advisors unit, Ameriprise Financial , to its shareholders and RSM McGladrey acquired American Express Tax & Business Services (TBS). In 2006,
3434-618: The American Express network. American Express was, at the time, known for cutting its interchange fee to merchants and restaurants if they accepted only American Express and no other credit or charge cards. This prompted competitors such as Visa and Mastercard to file complaints as the tactics gave Amex exclusivity at restaurants. Capitalizing on this elitist image, American Express frequently mentioned such exclusive partnerships in its advertising. Aside from some holdouts including Neiman Marcus , which continued exclusivity until 2011,
3535-526: The Costco card accounts was significant; in the first quarter without Costco cards, company profit dropped 10% and revenue dropped 5% compared to the previous year. On March 1, 2017, ANZ announced that it was no longer issuing American Express cards, with them phased out entirely by August 5, 2017. In October 2017, American Express established a joint venture company, LianTong ( 连通 ), in China to operate its payment card brand locally. In June 2020, it obtained
3636-460: The Fee Party's legal bills, and Discover Card was able to increase their acceptance among Boston restaurants by 375%. Kenneth Chenault , then head of Travel Related Services prior to becoming American Express CEO, cut fees to bring these restaurants back into the fold. American Express then shifted its focus from exclusivity to broadening acceptance, adding mainstream merchants like Walmart to
3737-499: The First World War, the 21-story neo-classical American Express Co. Building was constructed in 1916–17 to the design of James L. Aspinwall, of the firm of Renwick, Aspinwall & Tucker, the successor to the architectural practice of James Renwick Jr. The building consolidated the two lots of the former buildings with a single address: 65 Broadway . This building was part of the "Express Row" section of lower Broadway at
3838-529: The Goldmine Centre. The Catholic St Mary's Church was built in 1827, designed by Joseph Ireland and is a Grade II* listed building. There are also numerous mosques or Masjids in Walsall. Most of these are in close proximity to each other, located in the adjoining areas of Caldmore and Palfrey , just south of the town centre. In the ward of Palfrey , there is Walsall's most-attended mosque, Masjid-Al-Farouq, alongside Aisha Mosque. Caldmore
3939-575: The Green, Gold, and Platinum cards cater to frequent travelers and diners with perks tailored to these activities. In 1850, American Express was started as a freight forwarding company in Buffalo, New York . It was founded as a joint-stock corporation by the merger of the cash-in-transit companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company,
4040-551: The ICC was drawn to its strict control of the railroad express business. However, the solution did not come immediately to hand. The solution to this problem came as a coincidence to other problems during World War I. During the winter of 1917, the United States suffered a severe coal shortage and on December 26 President Woodrow Wilson commandeered the railroads on behalf of the United States government to move federal troops, their supplies, and coal. Treasury Secretary William Gibbs McAdoo
4141-458: The Shearson family, creating Shearson Lehman/American Express. Lehman CEO and former trader Lewis Glucksman became CEO of Shearson Lehman/American Express. In 1984, Shearson/American Express acquired Investors Diversified Services (IDS), bringing with it a fleet of financial advisors and investment products. In 1988, Shearson Lehman acquired the E.F. Hutton & Co. , a brokerage firm that
The Co-operative Travel - Misplaced Pages Continue
4242-421: The Thomas Cook Group. The new network was 66.5%-owned by Thomas Cook, 30%-owned by The Co-operative Group and 3.5%-owned by Central England Co-operative. Both chains retained their own branding, except for the small number of Thomas Cook's "Going Places" shops which were rebranded as The Co-operative Travel. The partnership arrangement helped to retain the heritage and ethics of The Co-operative brand and to ensure
4343-725: The Thomas Cook name. After the buy-out, the brand "Co-op Travel" continued to be used by independent cooperatives. Several co-operatives around the UK operate independent travel agents that use the Co-operative brand. The Midcounties Co-operative is the largest independent co-operative currently using the "Co-op Travel" brand within the UK, trading online and offline from their headquarters in Walsall . The Co-operative Wholesale Society (CWS) opened its first Excursion Department in 1905 to work with railways, steamers, and tour operators to obtain
4444-841: The UK division of American Express joined the Product Red coalition and issued a Red Card, donating with each purchase through The Global Fund to Fight AIDS, Tuberculosis and Malaria to help African women and children with HIV/AIDS, malaria, and other diseases. In late 2007, the company announced the Plum Card for small business owners. In March 2008, American Express acquired the Corporate Payment Services business of General Electric , which primarily focused on providing purchasing card solutions for large global clients, for $ 1.1 billion in cash. The transaction added V-Payment to its product portfolio. V-Payment enables
4545-644: The United States, and in 2015 in Canada, Costco ended its relationship with Amex that had provided co-branded Costco membership cards since 2004. The cards issued by Costco in the United States were an extension of an exclusive deal between Costco and American Express dating from 1999. Costco was the last major US merchant that accepted American Express cards exclusively. Costco's Canadian stores ended its exclusive deal with American Express in January 2015, in favor of one with Capital One and Mastercard. Citigroup became
4646-526: The Walsall Borough, shown in the 2011 census as 59.0%. The second largest is Islam recorded at 8.2%. Of the churches in Walsall, St Matthew's Church lies to the north of the town centre near the ASDA supermarket, and can be seen when entering Walsall in any direction where it is the highest structure. In 1821, St Matthew's Church was demolished with exception of the tower and chancel and replaced at
4747-625: The ZYNC charge card, a white card targeting young adults. The card was later discontinued. In November 2010, the UK division of American Express was cautioned by the Office of Fair Trading for the use of controversial charging orders against those in debt. The company was one of four companies who were allegedly encouraging customers to turn their unsecured credit card debts into a form of secured debt. In November 2011, Neiman Marcus , which gave general-purpose card exclusivity to American Express since
4848-672: The area of Caldmore . The Manor of Walsall was later sold to the Wilbrahim and Newport families, and passed by inheritance to the Earls of Bradford. On the death of the fourth Earl in 1762, the estate was transferred to his sister Diana, Countess of Mountrath and then reverted to the Earls of Bradford until the estates were sold after World War II. The family's connection with Walsall is reflected in local placenames, including Bridgeman Street, Bradford Lane, Bradford Street and Mountrath Street. The Industrial Revolution changed Walsall from
4949-575: The area of financial services by launching a money order business to compete with the United States Post Office 's money orders. Sometime between 1888 and 1890, J. C. Fargo took a trip to Europe and returned frustrated and infuriated. Despite the fact that he was president of American Express and that he carried with him traditional letters of credit , he found it difficult to obtain cash anywhere except in major cities. Fargo went to Marcellus Flemming Berry and asked him to create
5050-586: The bank. Safra then opened a competing bank. In response, American Express launched an international smear campaign against Safra by inaccurately reporting to news and media outlets in that Safra was being investigated by the FBI for being involved in the Iran–Contra affair , along with drug trafficking and the mafia. All of the accusations were confirmed to be false and led to the resignation of Harry L. Freeman, public relations chief of American Express, after admitting to
5151-479: The beginning of World War I. They were to deliver letters, money, and relief parcels to British prisoners of war. Their employees went into camps to cash drafts for both British and French prisoners and arranged for them to receive money from home. By the end of the war they were delivering 150 tonnes of parcels per day to prisoners in six countries. In 1915, American Express established a travel division and soon established its first travel agency . Albert K. Dawson
SECTION 50
#17327870933905252-717: The best rates for co-operative society excursions. In 1920, CWS arranged its first overseas excursion and published its first holiday guide. By the 1950s, the CWS Travel Service had become one of the five largest travel agencies in Britain and had begun to organize air travel for co-operative societies and their members. CWS Travel became known as Travelcare when the Co-operative Wholesale Society merged with Co-operative Retail Services in 2000 to form The Co-operative Group. The Co-operative Travel
5353-551: The borough is 11 years, although the Aldridge-Brownhills area of the borough had a system of 5–9 first, 9–13 middle and 13–18 secondary schools until 1986, as the former urban district council of this area had adopted the three-tier system in 1972. Schools within the borough are administered by Walsall MBC. SERCO Archived 26 November 2011 at the Wayback Machine . Christianity is the largest religion in
5454-571: The budding Financial District and into rented offices in two five-story brownstone commercial buildings at 63 and 65 Broadway that were owned by the Harmony family. In 1880, American Express built a new warehouse behind the Broadway Building at 46 Trinity Place. The designer is unknown, but it has a façade of brick arches that are reminiscent of pre-skyscraper New York. American Express has long been out of this building, but it still bears
5555-439: The company. In 1979, American Express acquired 50% of the cable subsidiary of Warner Communications , forming Warner-Amex Satellite Entertainment , for $ 175 million in cash and short-term notes. It owned two-thirds of MTV , Nickelodeon , and The Movie Channel . The venture was unprofitable, and, in 1985, Amex sold its 50% interest to Viacom for $ 450 million. In the 1980s, American Express embarked on an effort to become
5656-496: The consistency of message. The merger included the Co-operative's home-working division, Future Travel Limited, trading as "The Co-operative Personal Travel Advisors". These consultants worked from home, primarily by telephone, providing the same range of services as the High Street branches but for extended opening hours. In 2010, the Office of Fair Trading (OFT) was given 45 working days to review whether to formally oppose
5757-575: The corner of the main road, just opposite a furniture shop. A plaque commemorates the incident. The town also has a memorial to local VC recipient, John Henry Carless and decorated air ace Frederick Gibbs . Walsall's first cinema opened in the town centre in 1908; however, the post World War II decline in cinema attendances brought on by the rise in television ownership resulted in that and all of Walsall's other cinemas eventually being closed. The first Wurlitzer theatre organ in Great Britain
5858-506: The customer loans and American Express processed the transactions. American Express dismissed Bank of America from its antitrust litigation against Visa, Mastercard, and other banks. The first card from the partnership, the Bank of America Rewards American Express card, was released on June 30, 2006. In June 2005, American Express introduced ExpressPay, a contactless payment system based on wireless RFID . In July 2005, American Express issued
5959-468: The end of the Wells-Fargo reign in 1914, an aggressive new president, George Chadbourne Taylor (1868–1923), who had worked his way up through the company over the previous thirty years, decided to build a new headquarters. The old buildings, dubbed by The New York Times as "among the ancient landmarks" of lower Broadway, were inadequate for such a rapidly expanding concern. After some delays due to
6060-483: The entire scandal. In July 1989, American Express publicly apologized to Edmond Safra and donated $ 8 million to the charity of his choice. In 1990, American Express sold its Swiss banking operations to Compagnie de Banque et d'Investissements, which led to the creation of Union Bancaire Privée (UBP). In 1984, Amex launched the Platinum Card, billed as an "ultra-exclusive" credit card with a $ 250 annual fee. It
6161-536: The exclusive issuer of Costco's credit cards and Visa replaced American Express as the exclusive credit card accepted at Costco's stores in the United States. All TrueEarnings card accounts and balances held by American Express were sold to Citigroup, and new Costco Anywhere Visa cards were sent to Costco members prior to the switch date. The Costco partnership represented 8%, or $ 80 billion, of American Express' billed business and about 20%, or about $ 14 billion, of its interest-bearing credit portfolio. The impact of losing
SECTION 60
#17327870933906262-404: The expense of some medieval properties. In 1974, Walsall was transferred from the county of Staffordshire to form the metropolitan county of the West Midlands . The Saddlers' Centre , a modern shopping complex, was opened in the town centre in 1980. This included a new Marks & Spencer department store. Early 2000 saw the opening of The New Art Gallery Walsall in the north-west of
6363-574: The fact that the M6 runs through the Metropolitan Borough of Walsall has increased its investment appeal. The main RAC control centre is located in Walsall close by J9 of the M6 and there are now plans to redevelop derelict land in nearby Darlaston and turn it into a state-of-the-art regional centre. Between Bloxwich and Walsall there is a business corridor where TK Maxx has recently opened
6464-499: The high-fee Centurion Card , often referred to as the "black card," which caters to an even more affluent customer segment. The card was initially available only to select users of the Platinum card. American Express created the card line amid rumors and urban legends in the 1980s that it produced an ultra-exclusive black card for elite users who could purchase anything with it. In December 2000, American Express agreed to acquire
6565-603: The launch of Bluebird, a prepaid debit card with roadside assistance and identity theft protection that can also be used as a substitute for a traditional transactional account whereby users can have payments deposited to the account and have insurance from the Federal Deposit Insurance Corporation . In October 2013, Amex sold most of its publications: Travel + Leisure , Food & Wine , Executive Travel , Black Ink , and Departures magazines, to Time Inc. Time restructured
6666-621: The locally born author (1859–1927), was opened in 1984. The town's prolific leather industry was recognised in 1988 when the Princess Royal opened Walsall Leather Museum. By the 1990s, a canalside area in the town centre known as Town Wharf was being developed for leisure, shopping and arts facilities. The town's new art gallery opened at Town Wharf in early 2000. The following year, Crown Wharf retail park opened nearby, accommodating retailers including Next and TK Maxx which closed on 9 September 2020. The 21st century has also seen
6767-740: The merger. The Office of Fair Trading requested a referral from the European Commission and, in turn, referred the case to the Competition Commission in March 2011. In July 2011, it was announced that the Competition Commission raised no objections to the merger. As a result of the merger, the business became part of the Thomas Cook Group. In 2016, the Co-operative Group decided that having
6868-464: The north of the town centre such as Coal Pool , Blakenall Heath (where Walsall's first council houses were built in 1920), Goscote and Harden . after the end of World War II , Beechdale . Significant developments also took place nearer to the town centre, particularly during the 1960s when a host of tower blocks were built around the town centre; however, most of these had been demolished by 2010. The Memorial Gardens opened in 1952 in honour of
6969-455: The official launch date. The card was launched with an annual fee of $ 6, $ 1 higher than Diners Club, to be seen as a premium product. The first cards were made of paper, with the account number and card member's name typed. In 1959, American Express became the first company to issue embossed plastic cards. In 1966, American Express introduced the Gold Card for "big-spending members". In 1977, James D. Robinson III became chairman and CEO of
7070-407: The opening of a Poundland store in the building on 22 October that year. A local landmark is Barr Beacon , which is reportedly the highest point following its latitude eastwards until the Ural Mountains in Russia. The soil of Walsall consists mainly of clay with areas of limestone , which were quarried during the Industrial Revolution. At the 2021 census, Walsall's built-up area population
7171-420: The possibility of launching a travel charge card as early as 1946, but it was not until Diners Club launched a card in March 1950, that American Express began to seriously consider the possibility. At the end of 1957, under American Express CEO Ralph Reed the company entered the business and by the launch date of October 1, 1958, public interest had become so significant that 250,000 cards were issued prior to
7272-460: The practice largely ended in 1991. In April 1992, American Express spun off First Data in an initial public offering . In 1993, Harvey Golub became CEO of American Express. That year, American Express negotiated the sale of Shearson's retail brokerage and investment management business to Primerica . The Shearson business was merged with Primerica's Smith Barney to create Smith Barney Shearson . In June 1994, American Express completed
7373-419: The publications, which are now owned by Dotdash Meredith . In 2013, the company opened its first airport lounge, offering access to certain cardmembers. In March 2014, American Express announced the corporate spin-off its corporate travel business as American Express Global Business Travel and the sale of 50% of the business to an investor group led by Certares LP for $ 900 million. Effective in 2016 in
7474-491: The site for its stables. The company's first New York headquarters was an 1858 marble Italianate palazzo at 55–61 Hudson Street , which had a busy freight depot on the ground story with a spur line from the Hudson River Railroad . A stable was constructed in 1867, five blocks north at 4–8 Hubert Street. The company prospered sufficiently that headquarters were moved in 1874 from the wholesale shipping district to
7575-437: The site of Walsall College. The college agreed a land swap with Tesco resulting in the construction of a new college building as part of the new Tesco development. A row of derelict shops were demolished in 2016, and rebuilt as a Poundland , which opened on Saturday 15 July 2017, and B & M , which opened on 17 August 2017. Much of the reconstruction of the post-war period was quickly reconsidered as ugly and having blighted
7676-497: The spin-off of the remaining investment banking and institutional businesses as Lehman Brothers , ending its foray into the brokerage business. In September 1994, the Optima True Grace card was introduced. The card was unique in that it offered a grace period on all purchases whether a balance was carried on the card or not, not charging interest on new purchases immediately for cards with unpaid balances. The card
7777-403: The successor earlier in 1850 of Butterfield, Wasson & Company). Wells and Fargo also started Wells Fargo & Co. in 1852 when Butterfield and other directors objected to the proposal that American Express extend its operations to California. American Express initially established its headquarters in a building at the intersection of Jay Street and Hudson Street in what was later called
7878-559: The time of its acquisition, Shearson Loeb Rhoades was the second-largest brokerage firm , behind Merrill Lynch . After the purchase of Shearson, Weill was given the position of president of American Express in 1983. Weill grew increasingly unhappy with responsibilities within the company and his conflicts with CEO James D. Robinson III . Weill soon realized that he was not positioned to be named CEO and resigned in August 1985. In 1984, American Express acquired Lehman Brothers and added it to
7979-431: The time. The building completed the continuous masonry wall of its block-front and assisted in transforming Broadway into the "canyon" of neo-classical masonry office towers familiar to this day. American Express sold this building in 1975, but retained travel services there. The building was also the headquarters over the years of other prominent firms, including investment bankers J.& W. Seligman & Co . (1940–74),
8080-532: The town and other religions/ethnic minorities form the remainder of the population of the town. The Walsall dialect is often referred to as " Yam-Yam ". The accent is often incorrectly referred to as a Brummie accent by people from outside the West Midlands. Walsall has had many industries, from coal mining to metal working. In the late 19th century, the coal mines ran dry, and Walsall became internationally famous for its leather trade. Walsall manufactured
8181-461: The town centre near Wolverhampton Street, along with the new Crown Wharf Retail Park shortly afterwards. Part of Park Street, the town's main shopping area, was redeveloped around the same time. The centrepiece of this redevelopment was the new British Home Stores department store, which relocated from St Paul's Street at the end of the 1990s. The BHS store closed in 2016 after the company went into administration. Marks and Spencer closed their store
8282-583: The town centre, originally named the Digbeth Arcade, was completed in 1897. Over 2000 men from Walsall were killed in fighting during the First World War . They are commemorated by the town's cenotaph , which is located on the site of a bomb which was dropped by Zeppelin 'L 21' , killing the town's mayoress and two others. Damage from the Zeppelin can still be seen on what is now a club on
8383-404: The town's fallen combatants of the two world wars . The Old Square Shopping Centre, a modern indoor shopping complex featuring many big retail names, opened in 1969. The Old Square shopping centre is currently laying derelict, with shops set to open in the centre soon. Primark and The Co-operative have opened in the former Tesco store, after the supermarket chained moved to Littleton Street on
8484-581: The town. In 1959, John Betjeman advised that with sensitive restoration the old buildings of the High Street could become "one of the most attractive streets in England." Instead, almost every building was demolished. The County Borough of Walsall, which was established at Walsall Council House and originally consisted of Walsall and Bloxwich, was expanded in 1966 to incorporate most of Darlaston and Willenhall , as well as small parts of Bilston and Wednesbury . The current Metropolitan Borough of Walsall
8585-529: The use of Visa and Mastercard. The rationale was due to far lower fees as compared to American Express' fees at the time (which were about 4% for each transaction versus around 1.2% for Visa and Mastercard). The revolt, known as the "Boston Fee Party" (alluding to the Boston Tea Party ), spread to over 250 restaurants across the United States, including restaurants in other cities such as New York City , Chicago , and Los Angeles . Visa offered to pay
8686-399: Was assigned the task of consolidating the railway lines for the war effort. All contracts between express companies and railroads were nullified and McAdoo proposed that all existing express companies be consolidated into a single company to serve the country's needs. This ended American Express's express business and removed them from the ICC's interest. The result was that a new company called
8787-465: Was based at Peterborough Business Park at Lynch Wood, Peterborough. It was a member of ABTA and held an ATOL licence. It also acted as an agent for licensed tour operators. In 2016, Thomas Cook completed a buy-out of The Co-operative Group and Central England Co-operative's 33.5% shareholding. The TCCT website closed in 2017, and all existing bookings were transferred to Thomas Cook. During 2017–18, Thomas Cook rebranded its The Co-operative Travel branches to
8888-435: Was built in 1826 at a cost of £4,000. In 1825, the corporation built eleven tiled, brick almshouses for poor women. They were known to the area as 'Molesley's Almshouses'. The 'Walsall Improvement and Market Act' was passed in 1848 and amended in 1850. The Act provided facilities for the poor, improving and extending the sewerage system and giving the commissioners the powers to construct a new gas works. On 10 October 1847,
8989-528: Was created as a political position in the 14th century. The Manor of Walsall was held by the Crown and given as a reward to royal proteges. In 1525, it was given to the King's illegitimate son, Henry Duke of Richmond , and in 1541 to the courtier Sir John Dudley , later Duke of Northumberland. It was seized by Queen Mary in 1553, after Northumberland had been found guilty of treason. Queen Mary's Grammar School
9090-554: Was discontinued a few years later. In 1998, Amex launched the Blue credit card, targeted at young adults, in the UK after testing it in other countries. The card had a smart chip and users were encouraged to pay bills and get information via the company website. It launched in the US in 1999. A television media campaign for Blue adopted the 1979 UK Synthpop hit " Cars " by Gary Numan as its theme music. In 1999, American Express introduced
9191-498: Was formed by the integration of the Manchester-based Travelcare business with United Co-operatives ' Co-op Travel subsidiary on the merger of the two societies in 2007. It was announced in 2010, that Co-op Group Travel 1 Ltd. and Midlands Co-op Travel Ltd. would merge with the retail branches of Thomas Cook Group . The joint venture did not include the latter's tour operating arm, which remained wholly within
9292-590: Was formed in 1974 when Aldridge-Brownhills Urban District was incorporated into Walsall. At the same time, Walsall was transferred from the historic county of Staffordshire to become part of the new West Midlands county. The Saddlers Centre , a modern shopping mall, opened in 1980, being refurbished within a decade. On 23 November 1981, an F1/T2 tornado touched down in Bloxwich and later moved over parts of Walsall town centre and surrounding suburbs, causing some damage. The Jerome K. Jerome museum, dedicated to
9393-468: Was founded in 1554, and the school carries the queen's personal badge as its emblem: the Tudor Rose and the sheaf of arrows of Mary's mother Catherine of Aragon tied with a Staffordshire Knot . The town was visited by Queen Elizabeth I , when it was known as 'Walshale'. It was also visited by Henrietta Maria in 1643. She stayed in the town for one night at a building named the 'White Hart' in
9494-615: Was installed in the New Picture House cinema in Lower Bridge Street in the town centre. It was later renamed the Gaumont then Odeon. Slum clearances began after the end of World War I , with thousands of 19th century buildings around the town centre being demolished as the 20th century wore on, with new estates being built away from the town centre during the 1920s and 1930s. These were concentrated in areas to
9595-603: Was instrumental in expanding business operations overseas, even investing in tourist relations with the Soviet Union . During World War I, Dawson was a photographer and film correspondent with the German army. American Express was one of the monopolies that President Theodore Roosevelt had the Interstate Commerce Commission (ICC) investigate during his administration (1901–1909). The interest of
9696-516: Was introduced in 1975 and renewed in 2005. In the 1980s, Amex acquired and then divested a stake in Shearson . In the 1990s, it stopped reducing interchange fees for merchants who exclusively accepted Amex cards and expanded market share through targeted marketing campaigns. Amex converted to a bank holding company during the 2007–2008 financial crisis . Amex began operating airport lounges in 2013, offering access to certain cardholders. Amex had
9797-592: Was involved in the joint venture, Central England Co-operative continued to operate a network of Co-operative Travel branches which were managed separately from Thomas Cook. This arose from the 2013 merger of the Midlands Co-operative Society which had joined the venture and the Anglia Regional Co-operative Society which continued to operate its travel branches independently. The Co-operative Travel offered
9898-475: Was merged with the investment banking business. The investment banking arm was renamed Shearson Lehman Hutton, Inc. In 1983, as part of Robinson's plan to expand into international banking of wealthy clients, Amex acquired Trade Development Bank of Geneva from Edmond Safra for US$ 550 million and Safra became a member of the board of directors of Amex. TDB executives were excluded from important company decisions and Safra unsuccessfully tried to repurchase
9999-564: Was offered by invitation only to American Express customers with at least two years of tenure, significant spending, and excellent payment history. In 1987, American Express introduced the Optima card, its first credit card product that did not have to be paid in full at the end of the month. In 1991, a group of restaurants in Boston , including some that were exclusive to Amex, stopped accepting American Express while accepting and encouraging
10100-473: Was re-occupied by a new T J Hughes department store which opened on 9 October 2009. However, the building became vacant again on 14 August 2011 when financial difficulties led to T.J. Hughes pulling out of the town after less than two years of trading. (TJ Hughes returned to the former Argos store in the Saddler Centre but have since closed for a second time.) It was re-occupied two months later with
10201-495: Was recorded as having a population of 70,778. Of the findings, the ethnicity and religious composition of the wards separately were: The religious composition of the built-up area at the 2021 Census was recorded as: The tables show that Walsall's surrounding suburbs have the largest Asian and Muslim populations of any town in West Midlands County. White British and Christians remain the second-largest population of
#389610