From Devon & Cornwall Police:
Police were contacted at around 6:20pm on Friday 3 August with reports of a man having been stabbed multiple times at the Barnstaple Retail Park on Station Road.
Ambulance later confirmed that a man in his 30s died at North Devon District Hospital but Police have yet to have to confirm the identity of the victim.
Police launched a manhunt and a public appeal to help them locate a suspect.
Thanks to a strong response from the public, armed officers made an arrest just before 3am in Barnstaple.
A 49-year-old man was arrested on suspicion of murder and he remains in police custody and awaits questioning.
Detective Superintendent Mike West, said: “We would like to thank the public for their assistance. The information they shared with us had a direct impact in helping officers locate and arrest a suspect in the early hours of Saturday morning.
“This investigation is at an early stage and we ask that witnesses who may have any information, or anyone who was in the area of the retail park before or during the time of the attack, to contact police on 101 quoting log number 908 of the 3rdof August.”