TheStreet’s Jim Cramer says while American Eagle and Urban Outfitters had good quarters, Cramer said he is focused on comments made by Richard Hayne, the president of Urban Outfitters. Hayne recently said ‘America is over stored and over stocked,’ and Cramer believes that assessment is correct. He pointed out that when Sports Authority went bankrupt, Dick’s Sporting Goods benefited. Cramer said he will focus on whether there are too many stores on CNBC’s ‘Mad Money’ show tonight.
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