IKEA has refused to be drawn on reports it's expressed an interest in acquiring the former Clerys store.
It's been responding to claims a senior member has visited the iconic building for a walk-through in recent weeks.
A spokesperson has told 98FM News it's always looking at the potential for a second Irish store but has no active plans at the moment. The company wouldn't comment on the Clerys speculation.
Business Journalist Vincent Wall says "first-round bids for the building are due next week with a reported price of around €60m being sought."
The store shut suddenly in 2015 leaving hundreds of workers high and dry. Following months of controversy, owners Natrium reached a deal with Clerys' former employees.
Meanwhile IKEA has agreed to match the new living wage of €11.90 an hour.
The technical group tasked with examining what you need to be paid to have a reasonable standard of living, recommended an increase of 20 cent yesterday.
The national minimum wage is €9.55.
Claudia Marshall, IKEA Ireland Market Manager said: “As a values-driven organisation... we believe it is right to ensure we provide a meaningful wage that supports the cost of living and are committed to paying our co-workers the new living wage of €11.90 per hour.”