WGM DRAFT
                                                                         5/30/03


                                                                    EXHIBIT 99.1

For Immediate Release:

        AMAZING SAVINGS HOLDING LLC ENTERS INTO TENDER AGREEMENT WITH ODD
                                JOB STORES, INC.

        Mountainville, NY and South Plainfield, NJ - (Business Wire) - June 3,
2003. Amazing Savings Holding LLC ("AMAZING SAVINGS") and Odd Job Stores, Inc.
(NASDAQ ODDJ) ("ODD JOB") today announced that they entered into a definitive
Tender Agreement dated as of June 3, 2003. Pursuant to the Tender Agreement,
Amazing Savings, through a wholly-owned subsidiary, will commence a tender offer
(the "OFFER") to purchase not less than two-thirds (2/3) and not more than 96%
of the outstanding common shares of Odd Job at a cash price of $3.00 per share.
If the Offer is not completed within 25 business days after it has been
commenced, Amazing Savings has the right to reduce the offer price to $2.90 per
share. In addition, Amazing Savings has the right to reduce the minimum number
of Common Shares purchased to a majority of the outstanding Common Shares.

        The purchase of shares in the Offer is conditioned upon, among other
things, the valid tender, without withdrawal before the expiration of the Offer,
of the minimum amount of common shares required under the Tender Agreement and
the effectiveness of a written consent by the requisite number of Odd Job
shareholders that would render the Ohio Control Share Acquisition Law
inapplicable to Odd Job. The Offer is not conditioned on the receipt of
financing; however the Offer is conditioned upon receipt of a forbearance
agreement from Odd Job's lenders to continue to provide liquidity to the Company
under the existing Credit Facility through August 31, 2003. Under the existing
Credit Facility, a change in control of Odd Job would constitute a default under
the agreement.

        Shareholders that own approximately 53% of the common shares have
entered into a Principal Shareholders' Agreement, dated as of June 3, 2003, with
Amazing Savings in which they agreed to tender their shares into the Offer.

        At the time the Offer is commenced, Amazing Savings intends to file a
Tender Offer Statement on Schedule TO with the Securities and Exchange
Commission (the "SEC"), which will contain the complete terms and conditions of
the Offer in an offer to purchase, letter of transmittal and other related
materials. Odd Job will be filing with the SEC a solicitation/recommendation
statement relating to the Offer that will be distributed to Odd Job shareholders
with the tender offer documents. Odd Job shareholders are urged to read the
tender offer documents and the Solicitation/Recommendation Statement on Form
14D-9 carefully when they become available because they will contain important
information. Investors will be able to receive such documents free of charge at
the SEC's web site, www.sec.gov, by contacting MacKenzie Partners, Inc., the
Information Agent for the transaction, at (212) 929-5500 (for banks and brokers)
and for all others call toll free at (800) 322-2885 or by directing a request to
Odd Job at 200 Helen Street, South Plainfield, New Jersey 07080, Attention:
Corporate Secretary.

        ABOUT AMAZING SAVINGS. Amazing Savings is a Delaware limited liability
company, which directly or indirectly owns and operates an upscale close-out
retail business. Amazing Savings commenced operations in 1988. Amazing Savings'
slogan is "quality close-outs at amazing prices." Amazing Savings operates
fourteen (14) stores in New York, New Jersey and Maryland.

        ABOUT ODD JOB. Odd Job is a major regional closeout retail business. It
currently operates a chain of 75 closeout retail stores in New York, New Jersey,
Pennsylvania, Connecticut, Delaware, Ohio, Michigan and Kentucky.



CONTACT:   Amazing Savings Holding LLC       Odd Job Stores, Inc.
           Jeffrey Parker                    Edward Cornell
           (845) 534-1000                    Executive Vice President and Chief
                                             Financial Officer
                                             (908) 222-1000




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