stacey widlitz, thank you very much we'll see you soon >> good to see you >>> staying with retail a big interview coming up later you cannot miss. the macy's ceo, they got a lot riding on this season. catch that interview at 9:00 a.m. >>> moving to corporate news, new fallout in the strange saga of carlos ghosn. nissan ousting him as chairman as more details trickle out regarding what he allegedly did wrong with nissan money. kate rogers has more >> the nissan board voted to remove carlos ghosn as chairman as more details emerge about how he used corporate money for perm use. ghosn was arrested on monday on suspicion of conspireing to lower his reported income by millions of over a five-year period no charges have been filed as of yet. nissan found ghosn used a subsidiary in the netherlands to spend about $18 million to buy and renovate personal homes including a condo in rio and a house in beirut. the "journal" says he made older payments to his older sister for consulting but nissan found no evidence she did such work greg kelly a long-time lieutenant to ghosn was the mastermind kelly

let's bring in stacey widlitz from sw retail advisers, also a cnbc contributor good to have you in studio hour >> the biggest bump higher that we've seen after the market turmoil have been in retail stocks does that signal perhaps optimism along some investors and analysts that we could see a good, robust holiday shopping season >> i think we'll see a great holiday shopping season. some of it is dependent on the weather. the consumer is out in full force. that's been clear through the numbers that have come out there are winners and losers, but the companies that have been investing in business, investing in free shipping and logistics like target and walmart are oning. then sears and jc are falling by the wayside. >> it wasn't that long ago that you, i, many in the investing community talked about the death of brick-and-mortar and amazon would control everything amazon is big but not as big as a few months ago >> retail is not dead. the brick-and-mortar space is not dead it's still over 90% of the business here. there's been a transition. two years ago amazon was the only game in town. i