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 Bay. The name is first recorded in the 10th century and is believed to derive from the Old English "bearde", meaning "battle-axe", and "stapol", meaning "pillar", referring to a post or pillar set up to mark a religious or administrative meeting place. The belief that the name derives from "staple" meaning "market", indicating that there was a market here from the foundation of the settlement, is incorrect, because the use of "staple" in that sense is not recorded in England before 1423. Barnstaple was formerly referred to as "Barum", from a contraction of the Latin form of the name (ad