
Domino Stores Ltd
Domino Stores Ltd was established in 1964 by William M. Murray-Bruce.
It was one of the first indigenous retailers in the country.
At inception the company's business consisted of two supermarkets
in Lagos. A wholesale distribution unit was soon added and Domino
became one of the largest distributors of Lever Brothers and Nestle
in Nigeria. By 1982 the company was operating 13 supermarkets
and seven wholesale stores in Lagos, Ogun State and Rivers State.
In the late 80s and early 90s, due to the sudden drop in crude
oil prices, the Nigerian economy collapsed. This led to a closure
of most of the stores. Obtaining raw materials and imported manufactured
goods was virtually impossible for the company's suppliers. As
a result, the wholesale business was curtailed and eventually
shut down.
In spite of all the macroeconomic setbacks, Domino is still very
active in the retail sector. The flagship supermarket in the Yaba
area of Lagos has been renovated and re-launched to effectively
serve the target market - the middle class of Lagos. This demographic
group has been the main focus of the company since its inception.
Also, in a bid to further penetrate this group, Domino is planning
to open several more stores in the near future.
In addition to retail operations, the company has recently expanded
into the hotel and cinema business. Ozone Cinemas was launched
in November 2008 in Yaba and it is located within the Domino property
known as the e-centre. This is the first retail/entertainment
complex on the Lagos mainland. Also, a 40 room hotel was purchased
recently and it is in the process of being renovated.
MANAGEMENT TEAM
Michael L. Murray-Bruce (Managing Director)
Mr. Michael L. Murray-Bruce is a Mechanical Engineer and holds
a Masters Degree in Business Administration from Columbia University
in the City of New York.
Prior to his appointment as Managing Director of Domino Stores
Ltd in 1979, he worked as a Manufacturing Associate with Continental
Can in the US. He also worked as an Industrial Engineer with Metal
Box UK, and Factory Manager in Metal Box Nigeria.
He currently serves on the boards of several companies including,
Intercontinental Distillers Ltd, Poly Products Nigeria Plc, Silverbird
Communications Ltd, IMC Ltd and Manilla Properties Ltd.
Joy E. Jonah (Executive Director)
Mrs. Joy E. Jonah is responsible for retail operations and administration.
She was educated at Westminster College, London where she graduated
in Hotel and Catering Management. She began her career in London
where she worked for the White House Hotel, Euston and the Royal
Lancaster Hotel, Marble Arch.
She joined Domino Stores in 1984.
William R. Murray-Bruce
Mr. William R. Murray-Bruce is a Fellow of the Institute of Chartered
Accountants and a retired Nigerian Air Force pilot. He oversees
the Finance Department and the Management Information Systems
of the company. Prior to joining Domino Stores in 2001, he worked
with Union International Company in the UK, NFS Ltd in Lagos and
the Nigerian Air Force.
He is also a director of Manilla Properties Ltd.
Patrick Lee
Mr. Patrick Lee is the General Manager of Ozone Cinemas and the
E-Centre.
He has many years of experience working in the public sector in
the UK, holding various managerial positions.
|