Cramer: Retail Sales Going in Right Direction on Gas, Jobs, Rates

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Cramer: Retail Sales Going in Right Direction on Gas, Jobs, Rates

by TheStreet.com Videos 2:53 mins

Cramer: Retail Sales Going in Right Direction on Gas, Jobs, Rates

by TheStreet.com Videos 2:53 mins

All eyes will be on retail this week with several big names reporting quarterly results. Jim Cramer says the combination of lower jobless claims, gasoline prices going down and low rates has people feeling a little bit better about the retailers. These factors, he says, determine retail sales, which he believes are going to be headed in the right direction. In terms of this week's reports, Cramer says the bar's been raised for Macy's and the company needs to deliver a great number, he's received positive insight on Kohl's from Skechers and he believes Wal-Mart is done going down. Plus, he reveals some of his favorite retail plays.

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