As of 2024, a renovation project has been underway for some years, converting the layout from that of a department store to that of various businesses operating under the same roof, including a hotel and multiple eating places.

[5] The history of Clerys began in May 1853 when Mac Swiney, Delany and Co. opened ‘The New or Palatial Mart' on the site of the present store in what was then Sackville Street.

Kieran Wallace and Eamonn Richardson[10] were appointed joint provisional liquidators to OSC Operations Limited (the "Company") trading as Clerys, on 12 June 2015.

Paddy McKillen's Oakmount and Europa Capital coming on board to redevelop the site, and with architects Henry J Lyons trying to keep as much of the original design (based on Selfridges' in London) as possible.

[12] A large clock with two faces hangs above Clerys' central doors on O'Connell Street (opposite the statue of Jim Larkin).

"Under Clerys' clock" is a well-known rendez-vous, both for Dubliners, and visitors from the countryside,[13] and is famous in the city's culture as a place where many romances begin.

After delays related to COVID-19, it was ultimately scheduled to open for Christmas 2021, but in October 2021, this was moved to September 2022.,[19] with this blamed on "lockdowns and a shortage of labour and building supplies".