The Exeter branch of HMV has been rescued today after being included in the list of stores acquired by a new investor.
Restructuring specialist Hilco has clinched a deal to rescue music and DVD retailer HMV, buying 132 shops.
The deal, believed to be worth about £50m, could save 2,500 jobs across the UK.
HMV collapsed in January after financial crisis and staff have been left on edge since then.
Hilco's chief executive, Paul McGowan, said the firm hoped to replicate its success with HMV Canada, which it acquired nearly two years ago and which he said was now "trading strongly".
He added: "The structural differences in the markets and the higher level of competition in the UK will prove additional challenges for the UK business, but we believe it has a successful future ahead of it."
Another Hilco executive, Ian Topping, said HMV would be reversing its decision to sell tablets and other devices in its stores, making way for "an enhanced music and visual range".
