||This article relies largely or entirely upon a single source. (February 2009)
Rich's, a former family-owned business established in 1962, grew out of Jerry's Army Navy Surplus in Salem, Massachusetts, USA. The Rich family once operated 29 stores in Maine, New Hampshire, Vermont and Massachusetts, which offered discounted merchandise.
The chain went bankrupt on March 14, 1996. Nearly 2,000 workers at the company's 26 stores in Massachusetts, Maine, New Hampshire, and Vermont lost their jobs by late February 1997.