TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer reacts to the latest round of retail earnings including Abercrombie & Fitch (ANF) - Get Report , Sears (SHLD) , Michaels Companies (MIK) - Get Report , Burlington (BURL) - Get Report , Signet Jewelers (SIG) - Get Report and Dollar Tree (DLTR) - Get Report .
Cramer said Abercrombie finally has a CEO that seems to know how to do retail "and that's a big change."
He thought Sears' comps were "horrendous" but was pleased with the positive commentary the company issued.
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