Ocean State Job Lot
Private | |
Genre | Liquidation, Closeouts |
Founded | 1977 |
Founder | Roy Dubs, Marc Perlman, Alan Perlman |
Headquarters | North Kingstown, Rhode Island |
Area served | New England, New York, and New Jersey |
Slogan | A Lot More For A Lot Less |
Website |
oceanstatejoblot |
Ocean State Job Lot, headquartered in North Kingstown, Rhode Island, is an American chain of 118 discount stores operating in New England, New York and New Jersey. The chain takes its name from Rhode Island's nickname, "The Ocean State".
The chain primarily acquires common brand-name goods whose manufacturer is willing to sell them at a loss following overstocking or discontinuation, operating closeout stores similar to Building 19, Big Lots, and Christmas Tree Shops. Ocean State Job Lot also has many new items (not closeout or overstocked products) that they use to fill their shelves, that they restock on a regular basis.
Ocean State Job Lot often leases buildings where previous supermarkets or discount stores used to be located. They also use the previous store's fixtures (checkout counters, checkout lane number lights, etc.) wherever possible to cut costs. After the Ames department store chain went bankrupt and closed down in 2002, Ocean State Job Lot moved into many former Ames locations in New England.
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