GAP has a good game plan for the future, moving Old Navy and Athleta online, says Dana Telsey

Dana Telsey, CEO of Telsey Advisory Group, says Gap's game plan to move Old Navy and Athleta away from malls to e-commerce is smart. She says she still sees opportunity in Costco despite it missing the quarter on the earnings per share. "I think GAP has the game plan in place for the future. I think Costco is where the consumer is going now," Telsey said. She joins 'Closing Bell' to discuss.