All indications point to a record-breaking weekend for the retail industry as last-minute holiday shoppers hit the stores after a lull, Toys R Us CEO Gerald Storch told CNBC's "Squawk on the Street" Tuesday.
"Things were strong on Black Friday, then in the industry as a whole we saw something of a lull," the toy executive said. "And the whole world is expecting it to pick up this weekend heading into Christmas."
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