Ocean State Job Lot
| |
Private | |
Genre | Liquidation, Closeouts |
Founded | 1977 |
Founder | Marc and Alan Perlman |
Headquarters | North Kingstown, Rhode Island |
Number of locations | 131 |
Area served | New England, New York, and New Jersey |
Revenue | 700 Million |
Owner | Ocean State Jobbers, Inc. |
Number of employees | 5,003 [1] |
Website |
oceanstatejoblot |
Ocean State Job Lot, headquartered in North Kingstown, Rhode Island, is an American discount retailer with 131 discount stores operating in New England, New York and New Jersey. The chain takes its name from Rhode Island's nickname, "The Ocean State", and from "Job Lot", which means a miscellaneous group of articles, especially when sold or bought together.
Ocean State Job Lot opened for business in 1977 as a single store operation in North Kingstown, RI. The merchandise selection consists of a variety of manufacturer's overruns, overstocks and packaging changes, as well as selected other products.
The company continues growing their business in the Northeast and has been ranked one of America's Best Midsize Employers by Forbes for 2017 and 2018.
The company greatly expanded after Ames went bankrupt in 2002, buying many former locations in New England.[2][3]
References
- ↑ "Ocean State Job Lot (LinkedIn)". LinkedIn. 2017-10-19. Retrieved 2017-10-19.
- ↑ "Vacant buildings filling up in Falmouth's Route 1 retail district". Mainebiz. Retrieved 2017-10-24.
- ↑ Barndollar, Hadley. "Ocean State Job Lot in Stratham set for May opening". seacoastonline.com. Retrieved 2017-10-24.