IKEA said to be interested in buying former Clerys building

IKEA has reportedly expressed an interest in acquiring the former Clerys building.

According to the Herald newspaper, the Swedish furniture giant is one of a number of companies exploring the possibility.

IKEA has refused to be drawn on the reports but has confirmed it is always looking at the potential for a second Irish store, possibly in Cork.

Elsewhere, it is claimed the Swedish furniture chain has agreed to match the new living wage of €11.90 an hour to ensure that staff could live comfortably.

Yesterday, it was announced that the Living Wage was being increased to coincide with the rising cost of housing.

The National Minimum wage remains at €9.55 an hour.


More in this Section

Ex-Lib Dem leader Nick Clegg lands top role with Facebook

Spain’s government proposes taxes on internet giants

Google’s Staying Ahead reveals appetite of SMEs for online sales

Ryanair signs agreement with Portuguese pilots' union


Breaking Stories

As Karlie Kloss marries Joshua Kushner, here are 8 of her biggest fashion moments

This clever new app can help new parents decide if their baby needs to see a doctor

‘Acne won’t stop me living my life’ – Millie Mackintosh on how she got her skin under control

'Jesus, did I paint them?’; Robert Ballagh reacts to the nude portraits to him and his wife

More From The Irish Examiner