Dean Blake

Dean Blake is a business journalist at Octomedia, working on Inside Retail.
Showing 1 - 10 of 26 results
Harvey Norman profits rocket 160% to $341m


Harvey Norman has seen its unaudited profit explode 160 per cent between July and October to $341.11 million, compared to $131.17 million for the same period of last year. Additionally,

Steinhoff former boss fined US$9.9m for insider trading


Former Steinhoff International Holdings chief executive Marcus Jooste has been fined more than US$9.9 million after the South African financial authority found he had warned several shareholders about the business’

Miniso creditors vote to save Aussie chain


Creditors of Miniso’s Australian business have overwhelmingly voted in favour of a proposed Deed of Company Arrangement, which will see 30 of its 32 stores across Australia remain open and

Is a lawsuit brewing over McDonald’s alleged breach of rest breaks?


Fast Food giant McDonald’s could be facing a class action lawsuit due to allegedly withholding rest breaks to 250,000 staff that work four hours or more in a shift, according

Flight Centre closes 90 more shops


Embattled travel retailer Flight Centre is closing approximately 90 further stores across Australia, prompted by the continued domestic and international travel bans put in place to stem the spread of

Harvey Norman profits leap 185.8% but Melbourne, Auckland excluded


Comparable sales at Harvey Norman’s company and franchise stores grew 30.3 per cent between 1 July and 17 September, pushing profits up sharply. Between the dates of 1 July and

The Athlete’s Foot steps into activewear online


The Athlete’s Foot has stepped into a new category, now stocking activewear and performance clothing on its website. The athletic and lifestyle footwear retailer will introduce items from 40 brands

Flight Centre hit by $510m loss in 2020


Global travel business Flight Centre has described the past six months as the most challenging trading environment it had ever experienced, signalling a $510 million loss for FY20. Flight Centre

Domino’s profits rise to $138.4m


With more Australians eating at home due to lockdown restrictions, Domino’s has delivered a strong result in a difficult year, with net profit up 19.4 per cent. Profit rose to

Retail rent aid unsustainable says SCCA as figure tips over $1.6bn


Nationwide rental assistance to retailers has eclipsed $1.6 billion, according to the Shopping Centre Council of Australia, with the largest level of support given to cafes and restaurants, followed by