Ahead of Macy's Earnings, Jim Cramer Says the Retailer Remains Challenged
Macy's, Kohl's and Nordstrom are all challenged in the current retail environment, according to Jim Cramer, who says discounters and Amazon are the place to be.
Macy's (M) - Get Report , Kohl's (KSS) - Get Report and Nordstrom (JWN) - Get Report are all challenged in the current retail environment, according to TheStreet's Jim Cramer. Cramer says in the current environment discount stores fare better, and he adds you can only be in stocks like Macy's for trades. Cramer likes Macy's new CEO, but says they are losing out to Amazon (AMZN) - Get Report . Macy's reports its quarterly results early Thursday.
