HMV will reopen the original flagship store on Saturday, 92 years after first opening its doors on Oxford Street. The retailer traded at 363 Oxford Street until 2000, before moving further up the road.
Speaking to Retail Week Chairman Paul McGowan said: "The store at number 363 was a London landmark and a British institution for nearly 80 years and earned its place in music history through its role in landing The Beatles a recording contract.
"It's hugely significant that HMV's coming home to do what it does best with renewed confidence and authority."
Entertainment retailer HMV has been bought by restructuring group Hilco in a deal that saves more than 2,500 jobs and keeps 141 stores open.
The Capital's HMV outlets that have been saved are as follows:
Selfridge's Oxford Street
Stratford City, Westfield
Westfield, Shepherd's Bush
The 66 stores identified for closure are:
Ashton-under-Lyne, Ballymena, Barnsley, Bayswater, Belfast Boucher Road, Belfast Forestside, Bexleyheath, Birkenhead, Birmingham Fort, Blackburn, Boston, Bournemouth Castlepoint, Bracknell, Burton-upon-Trent, Camberley, Chesterfield, Coleraine, Craigavon.
Croydon Centrale, Derry, Dumfries, Durham, Edinburgh Fort, Edinburgh Gyle Centre, Edinburgh Ocean, Edinburgh Princes Street, Edinburgh St James, Falkirk, Fulham, Glasgow - Fort, Glasgow - Silverburn, Glasgow Braehead, Huddersfield, Kirkcaldy, Leamington Spa, Leeds White Rose, Lisburn, Loughborough.
Luton, Manchester 90, Moorgate, Newry, Newtonabbey, Orpington, Rochdale, Scunthorpe, South Shields, Speke Park, St Albans, St Helens, Stockton-on-Tees, Tamworth, Teesside, Telford, Trocadero, Wakefield, Walsall.
Walton-on-Thames, Wandsworth, Warrington, Watford, Wellingborough, Wigan, Wood Green, Workington, Wrexham.