
The housing crisis has definitely started to affect home fashion retail industries. As most of you know we are currently in a recession and this is a big cause of why home fashion stores aren't doing so well. For example, Linen-N-Things just recently went bankrupt and they hope buy promoting half-off sales during the holidays will pay off their debt.
Another reason home fashion stores are not doing well is because people are now in need of just the basic necessities. They don't have that extra money right now to go buy a fancy rug or brand new bedsheets. For now, most people will use what they have because of the recession affecting their spending choices. Probably, grocery stores are benefiting the most because people will always need food.
As you can see, the recession has definitely come to affect home fashion stores. People are more in need of the basic necessities to get them through this difficult time. Home fashion goods are not the top priority right now and can be found at cheaper stores, like Wal-mart instead of Bed-Bath & Beyond for example. Hopefully, during this time of the year, since Christmas is around the corner, sales of the home fashion industries will start to increase.







