The holidays are upon us. 

And, of course, that means that the focus on the retail sector is in full swing. 

Earlier this week, retailers such as Target (TGT - Get Report) and TJ Maxx (TJX - Get Report) , and Kohl's (KSS - Get Report) all reported earnings that looked good on paper. However, the outlook for 2019 was weaker and the stocks dropped like flies. 

Target initially fell 15%, TJ Maxx dropped 10%, and Kohl's fell 10%. The group was bouncing back a bit Wednesday. The SPDR S&P 500 Retail ETF (XRT - Get Report)  was up 2% Wednesday. 

Kohl's, which posted sales and profits that beat analyst expectations, dropped in Tuesday trading after the company announced slower growth. Wednesday morning, the stock was rising 2.7%. 

In an interview with TheStreet, Jim Cramer discussed Target and Kohl's earnings and why the stocks suffered. 

Kohl's is a holding in Jim Cramer's Action Alerts PLUS member club . Want to be alerted before Jim Cramer buys or sells KSS? Learn more now.