Barnstaple M5 motorway. Because Barnstaple is the main shopping area for North Devon, retail work is a contributor to the economy. There are many generic chain stores in the town centre and in the Roundswell Business Park, on the western fringe of the town. Tesco has several stores in the area, which includes a Tesco Extra hypermarket, a large Tesco superstore. There is also a Sainsbury's superstore, a Lidl supermarket. And, the multi-million pound redevelopment of the former Leaderflush Shapland works at Anchorwood Bank, and the surrounding area, is creating a conservation area near the River Taw, hundreds of new homes,
Barnstaple and it was the largest textile centre outside Exeter until about 1600. Its wool trade was further aided by the town's port, from which in 1588 five ships were contributed to the force sent to fight the Spanish Armada. Barnstaple was one of the "privileged ports" of the Spanish Company, (established 1577) whose armorials are visible on two of the mural monuments to 17th century merchants in St Peter's Church, and on the decorated plaster ceiling of the former "Golden Lion Inn", 62 Boutport Street (now a restaurant next to the Royal and Fortescue Hotel). The developing trade with America