Here are the headlines from Cheddar News that are Good 2 Know.
NOSTALGIA SELLS
Nostalgia is a top seller among Gen Z shoppers, according to a report from the Washington Post. The outlet cited research from buy now, pay later firm Klarna showing that "vintage tech" sales are rising, with sales of wired headphones up 300 percent in February 2022 compared with the year before, and flip phone sales were up more than 80 percent in August. Other products to cash in on the nostalgia craze included McDonald's, which started offering adult Happy Meals, and candy maker Just Born Quality Confections, which doubled down on its Easter favorite Peeps. Movie studios also continue to capitalize on the trend with a line-up of TV and movie reboots.
DOLLAR STORE GROCERIES
Research from Coresight found that more than 20 percent of consumers are now purchasing groceries at dollar stores such as Dollar Tree and Dollar General. This follows another report from the American Journal of Public Health finding that dollar stores are the fastest-growing food retailers in the U.S. As a result, major chains are in the middle of a massive expansion. Dollar General, for instance, is building 1,050 new stores and remodeling 2,000 others in 2023.
A homeowner is mulling the next step after a company mistakenly demolished a home she owned in southwest Atlanta.
Venezuelans became the largest nationality arrested for illegally crossing the U.S. border last month, replacing Mexicans for the first time on record.
Secretary of State Antony Blinken and Defense Secretary Lloyd Austin said the U.S. is ready to protect American forces or personnel in the Middle East should the Israel-Hamas war escalate as they expect.
Meanwhile, the Israeli prime minister warned Lebanon’s Hezbollah militant group that if it launches its own war, Israel would “cripple it with a force it cannot even imagine.”
A U.S. homebuyer must earn just over $114,000 to afford an average-priced home, according to a report from Redfin.
Cheddar News checks in with your coast-to-coast weekend weather forecast for Friday, Oct. 20, 2023.
Canada has removed 41 of its diplomats from India as tensions rise between the two nations.
An Army private who crossed the border into North Korea in July has been charged in military court with eight offenses including desertion.
The 2003 MTV Europe Music Awards in Paris have been canceled due to the ongoing conflict in the Middle East.
A U.S. Navy warship operating in the Middle East shot down multiple missiles near the coast of Yemen.
