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Pool supplies retailer files for bankruptcy, to close 76 stores

Pool supplies retailer files for bankruptcy, to close 76 stores

Pool and spa service provider Leslie's Inc. announced this week that it entered into a restructuring agreement with a group of its existing lenders and will close some stores while continuing to operate as it restructures through bankruptcy.The company said that it filed voluntary petitions for prearranged Chapter 11 bankruptcy cases in federal court that will see it emerge under the majority ownership of the group of its existing lenders. Leslie's said that it expects the process to move efficiently and indicated its goal is to emerge from Chapter 11 in early 2027."Today’s announcement marks...

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Wayne G Fraser
HALO Contributor
Insurance Broker Insurance Industry
State Georgia, North Carolina, South Carolina
NPN 17934945

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