Silver Means Gold for Tiffany, Best Buy’s Future, Walmart+ Can’t Gain Traction

Best Buy is increasing its focus on health technology and virtual stores. Plus, Walmart struggles to get customers to sign up for paid loyalty program membership, and Tiffany sees unprecedented interest in its Supreme silver heart necklace.

Data:

129M: Number of U.S. consumers with access to an Amazon Prime membership.

5M: Number of U.S. consumers with access to a Walmart+ subscription.

21%: Share of consumers who have participated in recent product drops.

93%: Projected increase in luxury sales this holiday shopping season compared to 2020.

400%: Growth of same-day delivery at Best Buy in the third quarter of 2021.