Macy’s Employee Foils $1.5M Jewelry Theft
The employee confronted the thief, causing the suspect to flee and leave behind the suitcases full of jewelry.

According to the New York Police Department, on Monday, an individual entered the Macy’s store on Fulton Street around 10:15 p.m, near closing time.
When the store was officially closed, the suspect stuffed around $1.5 million worth of jewelry in suitcases and fled.
Store employees told officers that the masked man entered the store, changed his clothing, and pretended to be a security guard, waiting around until after the store closed for the evening, according to an amNewYork report.
WANTED BURGLARY: 2/10/25 @NYPD84PCT an unknown individual entered Macy’s located at 422 Fulton St. Once the store was closed, the individual concealed approx $1.5 million worth of jewelry in suitcases and fled. Any info call us at 800-577-TIPS Reward up to $3,500. pic.twitter.com/qfFUSonFaA
— NYPD Crime Stoppers (@NYPDTips) February 12, 2025
An employee saw the suspect leave the store through the Hoyt Street exit, according to the amNewYork report, and followed him, confronting him outside.
Police said the man dropped the jewelry and fled. There were no injuries reported related to the incident.
Officials are asking for the public’s help to identify the suspect.
The NYPD asked that anyone with information regarding this incident call its Crime Stoppers Hotline at 1-800-577-TIPS or for Spanish, 1-888-57-PISTA (74782).
Tips also can be submitted via the Crime Stoppers website or via X (formerly Twitter) to @NYPDTips.
The downtown Brooklyn Macy’s is one of the stores slated to close as part of the struggling retailer’s turnaround plan.
Macy’s is planning to shutter 150 underperforming locations over a three-year period, recently releasing the list of the first 66 stores that will close.
Macy’s came in at No. 7 on National Jeweler’s 2024 State of the Majors “$100 Million Supersellers” list, which ranks North America’s largest sellers of fine jewelry, with jewelry and watch sales totaling $1.48 billion in 2023.
The Latest

Cohen discusses the evolution of Citizen’s light-powered technology, the brand’s cross-generational appeal, and tariffs.

“Essentially Human: On Sales and Salespeople" reveals the underlying human traits and behaviors of the most successful sales professionals.

The collection features symbols of love, luck, and light, based on the story of Queen Cassandane and Cyrus the Great of Persia.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

It’s the third scholarship to be launched as part of the partnership to help appraisers advance their professional credentials.


The deadline for entries in the jewelry design competition has been extended to April 3.

After 28 years with JCK, the veteran industry journalist is launching his own publication on Substack called The Jewelry Wire.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

Wiley said the project will give scientists worldwide access to the American Museum of Natural’s History renowned mineral collection.

The “Flower Puff” collection looks to beaded flower friendship bracelets from childhood, turning the silhouette into nostalgic fine jewelry.

Set for April 2, the webinar will discuss how the jewelry industry can address the workforce gap.

Bayer, founder of Lisa Bayer Designs, is remembered as “a bright light in every room.”

The highest-grossing lot was a Tiffany & Co. ring set with a flawless, emerald-cut diamond of 10 carats.

The next three editions of AGTA GemFair Tucson will feature a five-day show that includes Sunday.

Former Sotheby’s executive Tom Heap has taken on the London-based role.

Movado CEO Efraim Grinberg noted continued strength in the fashion watch and accessible luxury segments in the U.S.

After celebrating 25 years in 2025, the campaign marks a new chapter for the jewelry brand with the message that “Identity Creates Value.”

Couture and Time to Watches announced the watch brands, from big names to independents, attendees will see at the show.

Plus, why Saks Global’s bankruptcy may have given Bloomingdale’s an edge.

The flawless, Type IIa stone is estimated to achieve up to $2.8 million at the auction house’s high jewelry sale in April.

Costume designer Kate Hawley wore three archival Tiffany & Co. brooches, our Pieces of the Week, while accepting her first Oscar.

The jewelry retailer announced changes to its store network and brand portfolio during its fourth-quarter earnings call.

From a weaker labor market to inflation, NRF Chief Economist Mark Mathews gave insight on what retailers can expect this year.

The historic stone, which sold at Elmwood’s in London, is the largest white diamond to be offered on the U.K. market in more than a decade.

Three-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach in Las Vegas on May 31.

The model and fashion editor’s gold evening bags were the top lots at the London sale, going for more than $25,000 each.

Fresh off winning the David Yurman Gem Awards Grant, Nelson discusses the ring that launched his career and his plans for the future.
























