Tesco U-turn on Penwortham plans
The Penwortham 24-hour facility at the junction of Liverpool Road and Cop Lane had been predicted to bring a major boost to the local economy.
A spokesman said attempts will now be made to sell the site.
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Hide AdA Tesco statement said: "“In light of a detailed review of our plans, we have taken the very difficult decision not to proceed with our Penwortham superstore.
"This decision was not taken lightly and we realise that many people locally will be disappointed.
"We are grateful for the support that has been shown for our plans over the years and our priority now will be to ensure the site is sold so that it can play a positive part in Penwortham’s future development.”