Leslie’s Pasadena Pool Store Remains Open as Chain Closes 13 Southern California Stores

Leslie’s Pool Supplies’ Pasadena store, at 1920 E. Colorado Blvd., is not among the approximately 76 stores the Phoenix-based chain closed last week, last week on September 29, one day before it filed for Chapter 11 bankruptcy protection.

Leslie’s closed the stores, which it identified as under- or non-performing, according to a filing the company made with the Securities and Exchange Commission on September 30.

A list of California closures published by the USA Today Network identifies 26 stores in the state, 13 of them grouped as Southern California locations: Cerritos, Chatsworth, Diamond Bar, Encinitas, Granada Hills, La Crescenta, Lake Forest, Montebello, Palm Desert, Ramona, San Diego, Santa Barbara and Tustin.

Pasadena does not appear on the list.

“All remaining stores outside of those that were recently closed remain open and fully operational to serve customers,” the company said in its September 30 announcement.

The announcement also said that, through the Chapter 11 process, Leslie’s will continue to evaluate its real estate portfolio to better align its footprint with the long-term needs of the business.

“Leslie’s is here to stay,” Chief Executive Officer Jason McDonell said in the announcement.

Leslie’s, Inc. and nine of its subsidiaries filed voluntary petitions September 30 in the U.S. Bankruptcy Court for the Southern District of Texas to carry out a prearranged plan of reorganization, according to the SEC filing.

Lenders holding approximately 81.1 percent of the company’s term-loan claims signed a restructuring support agreement backing the plan, which the company said provides for reducing its outstanding funded debt by approximately $685 million, or 90 percent. The plan’s terms are subject to court approval, and the company said it expects a group of its existing lenders to hold majority ownership when it emerges from Chapter 11.

The agreement includes commitments for $90 million in new-money debtor-in-possession financing and a $60 million equity financing, and Leslie’s has asked the court to approve that $90 million facility along with a separate, fully committed $225 million asset-based financing facility from its existing asset-based lenders. The company said that, upon court approval, those financing arrangements will provide sufficient liquidity to support its operations throughout the Chapter 11 process. The court granted interim approval of both financing facilities October 1, the company said in an October 5 filing with the Securities and Exchange Commission.

Under the plan, all existing shares of Leslie’s common stock would be canceled when the plan takes effect, with no payment to their holders. Nasdaq notified the company on September 25 that its stock was subject to delisting because its bid price had closed below the $1 minimum for 30 consecutive business days, and said it would suspend trading in the shares at the opening of business October 6. At the time of its filing, the company said, it did not intend to appeal.

Before the bankruptcy filing, Leslie’s had reported declining sales. For its fiscal third quarter, which ended July 4, sales were $458.5 million, down 8.4 percent from $500.3 million a year earlier, and comparable sales fell 6.2 percent. Sales for the first nine months of the fiscal year totaled $790.4 million, down 7.3 percent from $852.7 million. When the company reported those results in August, McDonell said Leslie’s had “begun exploring strategic alternatives with certain of our financial stakeholders.”

In the first quarter of its 2026 fiscal year, the company announced and substantially completed the closure of 80 stores and one distribution center.

Founded in 1963, Leslie’s describes itself as the largest direct-to-customer brand in the U.S. pool and spa care industry and says it operates more than 850 physical locations.

The company said all gift cards and loyalty program benefits will continue to be honored and that customers can continue to make returns and exchanges under existing policies. It has also asked the court for authority to keep paying employee wages and benefits in the ordinary course of business.