Ocean State Job Lot is acquiring 15 Big Lots leases in eight different states
/Ocean State Job Lot is the latest chain to scoop up former Big Lots leases from Gordon Brothers, acquiring 15 stores in eight different states: Delaware, Maine, Maryland, Massachusetts, New Jersey, New York, Pennsylvania and Vermont.
The Rhode Island-based discount chain already has 159 locations in the Northeast, and the expansion will add two new states to its presence: Delaware and Maryland. The Big Lots stores are expected to be renovated, rebranded and reopened as Ocean State’s Job Lot by mid-summer 2025.
OSJL said in a statement that these converted stores range in size from 27,188 square feet to 43,021 square feet.
Ocean State Job Lot has previously taken over former Christmas Tree Shops and Toys"R"Us stores to turn them into new locations.
With those 15 Big Lots leases and its previously planned organic expansion, Ocean State Job Lot plans to open 22 new stores in 2025.
Read more: Ocean State Job Lot acquires 15 former Big Lots locations (WPRI)