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Ocean State Job Lot
Ocean State Job Lot is a closeout retail chain founded in 1977 in North Kingstown, Rhode Island. It offers a diverse range of household goods, apparel, pet...
Overview
Ocean State Job Lot is a closeout retail chain founded in 1977 in North Kingstown, Rhode Island. It offers a diverse range of household goods, apparel, pet supplies, kitchen pantry staples, and seasonal products at lower prices. The company serves customers in the retail consumer market.
General information
Firm type
Discount Retail Chain
Year founded
1977
Location
Region
North America
Country
United States
City
Kingstown
Corporate office
Kingstown, Rhode Island, United States
Principals
Marc Perlman
CEO and President
David Sarlitto
Executive Vice President
Sector focus
Frequently asked questions
How does Ocean State Job Lot source its merchandise?
The company buys excess inventory directly from manufacturers, retailers, and distributors. This 'closeout' model allows Job Lot to acquire goods below wholesale cost and sell them at steep discounts. The sourcing team negotiates opportunistic deals rather than partnering with traditional wholesale networks.
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