Christina Cheddar Berk is assistant managing editor of Enterprise coverage at CNBC Digital. Before joining CNBC, she was a special writer at Dow Jones Newswires and a guest columnist for the Wall Street Journal. Cheddar Berk was part of a team of reporters who received a Society of American Business Editors and Writers award for breaking news coverage. She also has worked as an associate editor for "The World Almanac" and an assistant editor for "Funk & Wagnalls New Encyclopedia."
For the third-straight year, consumer electronics sales faded in the later part of the holiday season as shoppers made purchases early in order to take advantage of heavily promoted Black Friday and Cyber Monday sales, according to a study.
Retail sales reports from a handful of retailers on Thursday will provide another peek at holiday spending and help gauge how consumer spending is shaping up. But the expected dour reports may not foreshadow a poor 2013 for retailers.
It looks like winter is arriving just in time for "Super Saturday." The chilly temperatures are expected to give retail sales a jolt as shoppers get in the Christmas spirit.
After an early frenzy of shoppers socking toys away for the holidays on layaway, the brief glimmer of hope for a turnaround in the beleaguered toy industry has vanished.