# Ocean State Job Lot

Ocean State Job Lot is a Discount Retail Chain based in Kingstown, United States.

## Overview

- **Organization type:** Discount Retail Chain
- **Headquarters:** Kingstown, United States
- **Region:** North America
- **Address:** Kingstown, Rhode Island, United States
- **Founded:** 1977
- **Assets under management:** Undisclosed
- **Website:** oceanstatejoblot.com
- **LinkedIn:** https://www.linkedin.com/company/ocean-state-job-lot

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Retail
- Consumer Staples

## People

- Marc Perlman — CEO and President
- David Sarlitto — Executive Vice President

## 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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Last updated: 2026-06-03T20:00:00.000Z

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