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

The jewelry collection belonged to “one of society's most glamorous and beautiful women of the mid-20th century,” said the auction house.

The update came as Anglo took its third write-down on the diamond miner and marketer, which lost more than $500 million in 2025.

Emmanuel Raheb discusses the rise of “GEO” and the importance of having well-written, quality content on your website.

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

Catherine Aulick, a GIA graduate, received the ninth and final Gianmaria Buccellati Foundation Award for Excellence in Jewelry Design.


We asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.

Experts from India weigh in the politics, policies, and market dynamics for diamantaires to monitor in 2026 and beyond.

With refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.

Beth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”

Are arm bands poised to make a comeback? Has red-carpet jewelry become boring? Find out on the second episode of the “My Next Question” podcast.

The Swiss watchmaker is battling declining sales amid a rapid retail expansion, according to a Financial Times report.

The campaign celebrates Giustina Pavanello Rahaminov, the co-founder’s wife and matriarch of the family-owned brand, for her 88th birthday.

Rachel Bennett, a senior jeweler who has been with Borsheims since 2004, earned the award.

After the Supreme Court struck down the IEEPA tariffs, President Trump imposed a 10 percent tax on almost all imports via a different law.

The industry veteran, who was with The Edge Retail Academy for 14 years, joins her husband at the company he founded in 2022.

The vintage signed jewelry retailer chose Miami due to growing client demand in the city and the greater Latin American region.

Former Flight Club executive Jin Lee will bring his experience from the sneaker world to the pre-owned watch marketplace.

Sakamoto, who died in mid-January following a sudden illness, is remembered for his humility and his masterful, architectural designs.

The April event will feature a new VIP shopping day requiring a special ticket.

Bulgari chose the British-Albanian singer-songwriter for her powerful and enduring voice in contemporary culture, the jeweler said.

In a 6-3 ruling, the court said the president exceeded his authority when imposing sweeping tariffs under IEEPA.

Smith encourages salespeople to ask customers questions that elicit the release of oxytocin, the brain’s “feel-good” chemical.

JVC also announced the election of five new board members.

The brooch, our Piece of the Week, shows the chromatic spectrum through a holographic coating on rock crystal.

Raised in an orphanage, Bailey was 18 when she met her husband, Clyde. They opened their North Carolina jewelry store in 1948.

Material Good is celebrating its 10th anniversary as it opens its new store in the Back Bay neighborhood of Boston.

The show will be held March 26-30 at the Miami Beach Convention Center.


























