Brigg’s Tesco store will not be moving on to the old Lidl site.
The project was set to see the store double in size and create up to 100 jobs.
Not everyone in the town, however, was disappointed at the news , which was greeted with mixed feelings by residents and businesses.
The scheme had been opposed by some traders who feared it would damage other businesses.
Retiring Town Mayor Carl Sherwood passed on the news to a large gathering of residents in the Angel Suite for the May Town Council meeting.
“Obviously to many it is disappointing news that the new Tesco store will not be built,” he said.
There had been long-standing fears from supporters of the development in the town about whether the project would go ahead and those fears became greater when Tesco announced disappointing trading figures earlier this Spring.
Coun Sherwood added that the news had not come as a complete shock.
Lidl opened its new store on Atherton Way on April 4, which left its former site empty.
The planned development would have seen Tesco grow from 20,000 square feet to 40,000 square feet.
Tesco now owns the former Lidl site and it remains to be seen if this key part of Brigg, close to the River Ancholme, can be developed,
“We are ecstatic at the news, especially the many of us in the Partnership who felt a new enlarged store will kill the town centre,” said Byrom Teague, Chairman of Brigg Business Partnership.
“It would be best now if the old store can be demolished as if not, it will end up as an eyesore on the riverside.”