KPMG, the liquidator to Clerys’ operating company OCS Operations, is due to hold a meeting of creditors today to appoint a committee of inspection to oversee the liquidation

Lorraine Sweeney, whose LS Catering company owned the cafes at Clerys, says she is preparing legal action against several parties involved in the rece(...)

Clerys staff and supporters during a protest outside Clerys on O’Connell Street, Dublin last week. Photograph: Gareth Chaney/ Collins

Minister for Communications Alex White has said the Government would amend company law if there was a need and a way to do so in the wake of the co(...)

Former employees of the department store were joined by sympathisers, politicians and trade union leaders outside the shuttered Clerys premises. Photograph: Eric Luke

A crowd of about 500 protested at the closure of Clerys on O’Connell Street in Dublin on Tuesday following robust exchanges between liquidators and t(...)

Legally there might be nothing wrong with the transactions last Friday that have led to Clerys closing  after 162 years in business although these  could yet be tested by creditors. Morally they stink

On September 18th, 2012, Boston-based investment group Gordon Brothers acquired Clerys out of receivership. A property foray in the Celtic Tiger years(...)

Ulster Bank had become a shareholder in the group in 2013 following a debt-for-equity deal, agreed after a lengthy restructuring process. Photograph: Adrian Brown/Bloomberg News

Ulster Bank received close to €220 million for its near 25 per cent stake in Jurys Inns just over a year after valuing its shareholding at zero, the S(...)

In the €9 billion grocery trade, the two big stories of 2013 were the alarming fall-off in Tesco’s Irish sales, and the relentless onwards march of the German discounters Aldi and Lidl. Photograph: Aidan Crawley

The retail sector was the laggard of the Irish economy in 2013. Consumer sentiment may have risen to a five-year high on the back of the nascent econo(...)

Dominic Prendergast, managing director of Clery’s department store, stands up on a cherry picker to  inspect the famous Clery’s clock before the reopening of the department store. Photograph: Frank Miller/The Irish Times

One of Europe’s oldest purpose-built department stores reopens this morning four months after floods forced it to close its doors. A 16-minute flash (...)

Passing shoppers peer into Clerys on Dublin’s O’Connell Street as the store remains closed due to water damage  Photograph: Alan Betson/Irish Times

Clerys department store is to lay off 86 staff on a temporary basis.The Dublin store was forced to cease trading last month after a freak summer storm(...)

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