NEW BRITAIN - One of the cityâ€™s largest retailers, Ocean State Job Lot, in the New Brite Plaza, is closing.
Bill Carroll, director of the cityâ€™s Department of Economic Development, told The Herald that the the store will be closing, but a date has not been confirmed.
Mayor Erin Stewart said the plaza owner told her Ocean State Job Lot chose to not renew its lease. She said she did not know when it will be leaving. The plaza owner told her he had another tenant to fill the vacancy and was working toward filling the space around summer or fall, she said. The owner had discussed the idea of a family and childrenâ€™s store or a gym filling the vacancy, but nothing was definite, Stewart said.
Stewart added the property management company was having similar lease discussions with the neighboring Marshallâ€™s, but its departure is not definite.
Stewart said she heard Save A Lot, which is between Ocean State Job Lot and Marshallâ€™s, got a discount on its rent the last time it renewed their lease, and the other businesses wanted a similar deal.
Ocean State is the second retail business in the plaza off East Main Street to announce its closing.
Payless Shoesource announced earlier this year that all of its locations in the United States would be closing.
According to www.americaninno.com , the first Ocean State Job Lot was opened by Long Island natives Marc and Alan Perlman in 1977 in North Kingstown, Rhode Island. The website said the store became a chain of 133 stores that bring in $685 million in annual sales.
A manager from Ocean State Job Lot said he had no knowledge of the store closing. No one could be reached for comment at the companyâ€™s corporate offices Wednesday evening.
City records say that New Brite Plaza is owned by Paramount Realty Services, whose leasing representatives were contacted but did not respond to a request for comment.