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.
An exclusive look inside Athletic's Connecticut brewery with co-founders Bill Shufelt and John Walker to explore how the brand landed an $800 million valuation.
The company has been beset by quality problems — like a whole section of its siding falling off upon takeoff — in manufacturing of its popular 737 Max jetliner. (Ellen M. Banner/The Seattle Times via AP)
Final ticket sales pushed the jackpot beyond its earlier estimate of $810 million to $842.4 million at the time of the drawing, making it the fifth-largest Powerball jackpot and 10th-largest U.S. lottery jackpot ever won.
A New Jersey mayor says buses of migrants bound for New York City have been stopping at the train station in his town and others in an apparent effort to evade an executive order by New York's mayor trying to regulate how and when migrants can be dropped off in the city.
The world population grew by 75 million people over the past year and on New Year's Day, it was estimated to stand at more than 8 billion people, according to figures released by the U.S. Census Bureau on Thursday.
