# Ocean State Job Lot

> Ocean State Job Lot is a privately held closeout retailer that turns overstocks, packaging changes, discontinued goods, and other opportunistic purchases into an ever-changing assortment of household, pantry, apparel, pet, seasonal, and outdoor products. Founded in Rhode Island in 1977, it now operates about 175 stores across the Northeast and Mid-Atlantic, generates more than $850 million in annual sales, and pairs low prices with a distinctive Crazy Deals gift-card program and a large charitable operation.

- **Founded:** 1977
- **Headquarters:** North Kingstown, United States
- **Founders:** Marc Perlman (Co-founder, Principal Owner and CEO), Alan Perlman (Co-founder and Principal Owner), Roy Dubs (Co-founder)
- **Team size:** Approximately 5,600 associates in current company materials; a November 2025 store-opening release reported nearly 7,000 employees during the expansion period.
- **Products:** Closeout general merchandise, Crazy Deals, Insider Club, Private-label merchandise, Retail real estate leasing
- **Notable:** Grew from one North Kingstown store in 1977 to about 175 stores across the Northeast and Mid-Atlantic by July 2026., Reported annual sales exceeding $850 million., Acquired 15 former Big Lots locations in 2025 and opened 18 stores in former Big Lots spaces during that year.

## Products & services

- **Closeout general merchandise** — An ever-changing selection of brand-name and private-label household goods, pantry staples, apparel, pet supplies, hardware, health and beauty products, and seasonal merchandise bought through closeouts, overstocks, packaging changes and other opportunistic sources.
- **Crazy Deals** — A loyalty promotion in which qualifying purchases generate a Crazy Deal Gift Card worth up to the purchase price for use on a later visit.
- **Insider Club** — A free customer program offering deal communications, member pricing and access to qualifying Crazy Deals.
- **Private-label merchandise** — Company-controlled brands across selected categories, including lines recognized for packaging design.
- **Retail real estate leasing** — The affiliated real estate group owns or controls shopping-center properties and markets available inline, pad and office space to other tenants.

## Achievements

- Grew from one North Kingstown store in 1977 to about 175 stores across the Northeast and Mid-Atlantic by July 2026.
- Reported annual sales exceeding $850 million.
- Acquired 15 former Big Lots locations in 2025 and opened 18 stores in former Big Lots spaces during that year.
- Named a 2026 US Best Managed Company Gold Honoree, its sixth consecutive recognition.
- Ranked first in the 5,000-plus-employee Enterprise category of the 2026 Inspiring Workplaces awards.
- Named by U.S. News & World Report as a 2026-2027 Best Company to Work For in Consumer Products.
- The 2024 charitable impact report recorded more than 77,000 coats for veterans, 35,000 backpacks and over $2 million in hurricane relief.
- Helped ship 285,000 pounds of therapeutic food intended to assist at least 9,000 children in South Sudan in 2025.

## Latest updates

- **2026-07** — The Charitable Foundation announced Mission Kitchen, a year-round mobile trailer designed to serve fresh meals in underserved New England communities.
- **2026-07** — OSJL said it was the only company recognized across 2026 lists from U.S. News & World Report, Inspiring Workplaces, and Deloitte Private with The Wall Street Journal.
- **2026-06** — The company launched a Buy, Give, Get baby formula program supporting families in need.
- **2026-05** — OSJL signed leases for four additional stores in New York, New Jersey, Pennsylvania and Maryland, all planned for former Big Lots locations.
- **2025-11** — The Mays Landing, New Jersey opening became the chain's 176th store and its 18th 2025 opening in a former Big Lots location.
- **2025-07** — OSJL, Edesia Nutrition and Provision Ministry organized a seven-truck shipment of therapeutic food for South Sudan.

## Links

- Website: https://oceanstatejoblot.com
- LinkedIn: https://www.linkedin.com/company/ocean-state-job-lot
- Twitter/X: https://twitter.com/OSJobLot
- YouTube: https://www.youtube.com/@oceanstatejoblot
- Instagram: https://www.instagram.com/osjoblot/
- Facebook: https://www.facebook.com/OceanStateJobLot
- TikTok: https://www.tiktok.com/@osjoblot

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Profile page: https://yespress.io/ocean-state-job-lot
Published by YesPress — https://yespress.io
Last updated: 2026-08-14