Cramer: Macy's Is Best in Breed but Weather Could Hurt Inventory

Amid a slew of retail earnings, Jim Cramer says reports from Macy's and Walmart will be key to watch next week. When it comes to Macy's, which he calls a best-in-breed department store, Cramer says the mall space is somewhat challenged right now, with a major factor being the warm weather. He calls retail an inventory game. Retailers will need to clear out winter apparel, which will be tough to do in warmer temperatures. However, he calls Walmart a gasoline game. With 100 million people who shop there, Cramer says they're the people who are impacted by lower gas prices. Although he's not recommending the stock, he advises to stay close to Walmart. Cramer believes people will begin to hear that there's more disposable income, which is important to Walmart as he calls it 'a play on people shopping more.'