Ocean state Job Lot recognized as 2025 Best managed Company Graphic.
Leading discount retail chain earns Gold Honoree distinction as a six-time honoree
NORTH KINGSTOWN, Rhode Island, May 13, 2026 — Ocean State Job Lot (OSJL), a leading closeout retailer known for its Crazy Deals®, with 175 locations across the Northeast and Mid-Atlantic, is proud to announce it has been selected as a 2026 US Best Managed Company. Sponsored by Deloitte Private* and The Wall Street Journal, the program recognizes outstanding U.S. private companies.
The 2026 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people, as well as maintaining financial performance and governance. This year’s class is making bold investments in digital transformation, including AI capabilities, and demonstrates the ability to drive sustainable growth and maintain resilience during times of volatility. These organizations are built on a foundation of trust and reflect a sense of purpose that fosters connections with their employees, customers, and communities.
Ocean State Job Lot also earned the distinction of Gold Honoree — companies that have been recognized as a Best Managed Company for four to six years — reflecting consistent achievement and a commitment to ongoing development and growth. This marks the sixth consecutive year OSJL has been recognized as a US Best Managed Company.
“Being recognized as a US Best Managed Company for the sixth consecutive year is a reflection of the dedication of our associates and the strength of our responsible retail model,” said Marc Perlman, Co-founder and CEO, Ocean State Job Lot. “We remain focused on offering exceptional value to our customers, creating a welcoming workplace for people of all abilities and backgrounds, giving back to the communities we serve, and continuing to grow with purpose.”
Applicants are evaluated and selected by a panel of independent judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture, and governance/financial performance. They join a global ecosystem of honorees from more than 46 countries recognized by the Best Managed Companies program.
About the Best Managed Companies Program:
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent evaluation process. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com.
About Ocean State Job Lot:
Founded in 1977, Ocean State Job Lot (OSJL) is a growing, privately held discount retail chain with 175 stores in Rhode Island, Massachusetts, Connecticut, New Hampshire, Vermont, Maine, New York, New Jersey, Pennsylvania, Maryland, and Delaware, nearly 7,000 employees, and annual sales exceeding $900 million. OSJL shoppers find an ever-changing array of brand-name, first-quality merchandise at closeout prices, including household goods, apparel, pet supplies, seasonal products (holiday, gardening, patio, pool and beach supplies), and kitchen pantry staples at a fraction of their typical price.
The company was named a five-time “Best Employer” by Forbes® Magazine*, a six-time U.S. Best Managed Company by Deloitte, one of America’s Greatest Workplaces for Parents & Families 2024 by Newsweek, a five-time winner of the Inspiring Workplaces in North America Award, and three-time Global Top 100 Inspiring Workplaces winner. Ocean State Job Lot is not affiliated with Forbes®.
The Ocean State Job Lot Charitable Foundation has a long history of philanthropic leadership, supporting numerous causes, including feeding the hungry, helping the homeless, assisting veterans and military families, aiding animal rescue, caring for children, advancing healthcare, supporting the arts, and promoting learning. The Foundation’s operational, administrative and overhead expenses are covered by Ocean State Job Lot, not the Foundation, ensuring that 100% of every dollar raised through the Foundation goes directly to helping those in need.
Ocean State Job Lot is headquartered in Quonset Point Business Park at 375 Commerce Park Road, North Kingstown, RI 02852. Phone: 401-295-2672. Website: www.oceanstatejoblot.com.
