Just months after it opened, the J. Parsons store in Springfield is closing, the latest setback for its Springfield-based parent company, THR and Associates.
THR has been mired in legal and financial challenges in recent months, with some employees filing suit claiming the company underpaid them. And the company bounced thousands of checks earlier this spring and is still working to repay the money it owes.
The company says the J. Parsons concept just didn’t work as well as predicted, and says it will now focus on its other retail business, the Buy Sell Trade stores located in Springfield and Jacksonville.