Apollo's Linens 'n Things Unit Files for Bankruptcy

The very latest news and updates for the iRobot Roomba robotic vacuum, the Scooba Robotic Washer and the Dirt Dog workshop sweeper. All discussion and troubleshooting questions go here.
Post Reply
lainghk
Posts: 47
Joined: January 12th, 2008, 10:47 pm

Apollo's Linens 'n Things Unit Files for Bankruptcy

Post by lainghk »

Based on this new development, I would buy Roomba's from BBB instead of LNT.

http://www.bloomberg.com/apps/news?pid= ... sboiuSWKCI
Top
nine
Robot Groupie
Posts: 79
Joined: April 8th, 2008, 10:33 am

Post by nine »

Owie.
Geeky owner of three bots. Roomba560- Elizabeth. Scooba380- Hurley. Roomba401- Lucille
Top
wsngmartin
Robot Addict
Posts: 774
Joined: October 23rd, 2007, 2:40 pm
Location: riverside, california

Post by wsngmartin »

thanks for the update. i saw that this a.m. too.
otoh, if they shut down a local store, there might be "fire sale" roombas?
i also read that lillian vernon, the children's place, and sharper image are all in bankruptcy proceedings. sharper image stopped accepting their gift cards.
Wendy
Keeper of Leia(535),Yoda (sage)&Om Yoda (Resusci-sage),Qui Gon&Mace Windu(pets ),Luke&Anakin (white refurbo-schedulers),ObiWan (DD),R2&D2 (blue schedulers),Jacob Marley(resusci-pet), TinyTim(sage), Merry&Pippin(blue schedulers), sonny&a few others
Top
glo69
Robot Addict
Posts: 521
Joined: February 25th, 2007, 8:18 pm
Location: Bakersfield, California

Post by glo69 »

You're worried about something minor like being stuck with a unreturnable problem Roomba. iRobot had to take a $1.8 million write off on it's accounts receivable from LNT. Now that's a problem :)
Gary
Li-ion batteries are best. PM me for details
Top
wsngmartin
Robot Addict
Posts: 774
Joined: October 23rd, 2007, 2:40 pm
Location: riverside, california

Post by wsngmartin »

how does gary know these things?
Wendy
Keeper of Leia(535),Yoda (sage)&Om Yoda (Resusci-sage),Qui Gon&Mace Windu(pets ),Luke&Anakin (white refurbo-schedulers),ObiWan (DD),R2&D2 (blue schedulers),Jacob Marley(resusci-pet), TinyTim(sage), Merry&Pippin(blue schedulers), sonny&a few others
Top
User avatar
bullfrog
Robot Groupie
Posts: 61
Joined: July 28th, 2007, 7:05 pm
Location: Georgia

Post by bullfrog »

Robotic News - http://www.robotreviews.com/chat/viewtopic.php?t=9133
7 Discoverys, 4 Reds, 1 Pink, all but 1 are rescue bots. 9 Home built LithIons (2 hr on carpet)
Boy Boxer, Boy Old Southern Bulldog, Girl Boxer/Bulldog Mix :) ?
Top
glo69
Robot Addict
Posts: 521
Joined: February 25th, 2007, 8:18 pm
Location: Bakersfield, California

Post by glo69 »

Brokerage house stock news alerts. Fastest financial news reports I've ever seen.
Gary
Li-ion batteries are best. PM me for details
Top
User avatar
_JP_
Robot Addict
Posts: 232
Joined: December 12th, 2007, 11:03 pm

Post by _JP_ »

It's about one fifth of the total number of stores closing. We may or may not see price reductions for the stores that close. Some of them may be in areas with multiple stores which would allow them to transfer stock to the remaining stores that don't close.
Dances With Roombas
Top
Jeeezelouise
Posts: 3
Joined: May 3rd, 2008, 7:31 pm

Post by Jeeezelouise »

glo69 wrote:You're worried about something minor like being stuck with a unreturnable problem Roomba. iRobot had to take a $1.8 million write off on it's accounts receivable from LNT. Now that's a problem :)
Yeah, and THAT knocked a chunk off my personal wealth. The stock took a real beating last week. :(
Top
longhair
Robot Groupie
Posts: 82
Joined: February 19th, 2008, 5:51 pm

Post by longhair »

According to a news release from yesterday, none of the Canadian stores are closing, as they apparently are big money-makers.
Top
Post Reply

Return to “iRobot Roomba and Scooba Chat”