Working in the fashion retail industry has displayed a roller coaster ride for retailers. A few months ago, the store was regularly failing to reach projected sales goals. However, this evening, my manager was bragging about making 135% more than projected. This is good news for the economy, as it proves consumers are begining to regain confidence in the economy.
Many clothing stores have adjusted to the economic conditions by lowering prices, this has both positive and negative results, as more people will buy the clothes but the the brand itself will lose percieved value over time.

Although i have less personal experience with the home retail, i would imagine that it will require more to bounce back, as many home fashions tend to be more costly that clothes, and wear out slower.