'Araby' is a short story by James Joyce, published in his 1914 collection 'Dubliners', which follows a young boy's infatuation with a girl named Mangan's sister. He makes a promise to bring her a gift from the bazaar called Araby, but after facing delays and obstacles, he arrives too late to find anything desirable for her. The story explores themes of loss of innocence, frustration, and the impact of religious and societal expectations.