The owners of Spalding’s Holland Market have renewed their commitment to investing in the site despite “turbulent” times in the retail industry.
Corbo unveiled revised plans last month to turn round existing shops in Holland Market, such as Argos, B & Q and Halfords, so they are facing the town centre.
A major revamp of the market and neighbouring Winfrey Avenue Retail Park originally included a possible relocation of Spalding Bus Station and a sports facility to replace Sir Halley Stewart Field.
But Michael Moran, Corbo’s UK representative, said: “Unfortunately, the town is lacking in appropriate modern accommodation and to date we have invested a large amount of time and money in working up an extension to our site that would meet this need.
“However, the retail world is incredibly turbulent at this time and we are now revising our plans to take account of these changing conditions.”