Business

Liquidation store offers big names at bargain prices

"The bargain hunters of Port Orchard will have a different place to browse through with the addition of Penny Lane Liquidators, a new business on Bethel Road.Nestled between Great Prospects and Jo-Ann Fabrics, Penny Lane Liquidators is a 5,915 sq. ft. building, settled on the old grounds of Kitsap Community Federal Credit Union.Of the businesses surrounding him, owner Arnie Tumaliuan has only good things to say.I think we will compliment each other, he said.Penny Lane Liquidators offers a multitude of items such as household goods, food items, furniture, electronics, and clothing.The items sold here are brand name, said Tumaliuan. If it's pricey here, I probably bought it pricey.Tumaliuan is a liquidator, which is something he describes as purchasing products from other companies (for reasons such as seasonal closeouts, cancelled orders, store returns, overstocking, and manufacturing over-runs), and selling those products at a lower price.Usually, if I do it right, my prices should be 30-70 percent less everyday, said Tumaliuan. Arnie Tumaliuan got the idea for this business after his experiences in the Navy, from which he retired two and a half years ago as a Commander; and from a previous job he held in Seattle.I ran Navy exchanges and commissaries ashore, said Tumaliuan, who has also worked in budgeteering and financial aspects of retail. When I got out of the Navy, I worked at Close-Out in Seattle as a distribution center operations manager, and it dawned on me that I could do it too.Tumaliuan lives in Port Orchard, and started the business here to avoid the commute to Seattle.I've traveled a lot, he said. I just don't need that Seattle ferry commute. "

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