Restless Pool Supplies to close 76 stores nationwide amid bankruptcy filing
- 1Restless Pool Supplies has closed 76 stores nationwide as part of bankruptcy restructuring.
- 2More than 80% of Restless Pool Supplies' existing creditor group has reached an agreement.
- 3Approximately 90% of Restless Pool Supplies' debt to be eliminated amounts to $685 million.
So what's the key point?
Restless Pool Supplies closed 76 stores across the country to manage its debt. The company is working to revive itself by eliminating about 90% of its debt.
Source LA Times · View original ↗
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