
Thresher, at Peachcroft,
and The Local, on Ock Street, are part of the much larger First Quench Group – a private equity firm, that has gone into administration.
The administrator, KPMG, has already announced the closure of 373 loss-making shops and the two Abingdon Shops were not in that announcement, although notices have appeared saying that due to being in administration some services like Paypoint have been suspended.
Newspaper reports say there is interest in buying the rest of the group.



