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 retired bank official testified that former president Donald Trump obtained hundreds of millions of dollars in loans based on financial statements that have since been deemed fraudulent.
Former Formula One boss Bernie Ecclestone was given a suspended sentence of 17 months after pleading guilty to fraud in a London courtroom.
A Texas kindergarten teacher who gave melatonin gummies to special education students has resigned.
Negotiations have stalled between SAG-AFTRA and Hollywood studios.
A suspended judge in Oklahoma could be removed from office after an investigation into her text messages during a murder trial.
Caitlyn Marie Armstrong, the woman suspected of killing a professional cyclist, attempted to escape authorities during a medical appointment Wednesday. Armstrong was charged with murder for allegedly shooting Anna Mariah Wilson.
Cheddar News checks in with your coast-to-coast weather forecast for Thursday, Oct. 12, 2023.
Palestinians in Gaza lined up outside bakeries on Thursday after spending the night in pitch darkness surrounded by the ruins of pulverized neighborhoods, as Israel launched new airstrikes and said it was preparing for a possible ground invasion.
The Israel-Hamas war has underscored how the platform now known as X has become not only unreliable but is actively promoting falsehoods.
Tips for neuro-diverse job seekers.
