Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.
2 Arrested in Smash-and-Grab at Detroit-Area Costco
It is unknown at this time if the two men are connected to other jewelry thefts.

Detroit—Two teenagers have been charged in a recent smash-and-grab at the jewelry counter of a Detroit-area Costco, and police are working to determine if the pair are tied to other jewelry thefts.
According to the Oakland County Prosecutor’s Office, on Friday, 18-year-old Jajuan Profit and 17-year-old Raphael Simmons were arraigned and charged with one count of armed robbery and one count of resisting and obstructing. Profit also faces a charge of flee and elude.
His bond was set at $500,000, while bond for Simmons was set at $350,000.
The smash-and-grab occurred a little after 7 p.m. on Jan. 7 at the Costco store in Commerce Township, Michigan.
Costco security camera stills show one of the teens holding a sledgehammer and the other an ax as they make their way through the Costco store, where they allegedly smashed a jewelry display case, grabbed a few pieces and then fled.
According to the Detroit Free Press, the suspects’ vehicle, a Nissan Sentra, was later spotted by police but the driver took off after officers attempted to pull the car over, leading police on a wild chase through suburban backyards.
The car eventually hit a tree and both men attempted to flee on foot but were captured by police.
RELATED CONTENT: Smash-and-Grab Robbers Targeting Michigan JewelersJewelers’ Security Alliance President John J. Kennedy said it is unknown at this point if the two men arrested and charged in the Costco jewelry theft are part of a loosely affiliated smash-and-grab gang targeting Midwest jewelry stores or if they were acting as individuals.
He also noted that it is a “little unusual” for suspects to target the jewelry section of a Costco, as the smash-and-grab gangs they have seen lately tend to go for specialty jewelers over big-box or department stores.
The Latest

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

The new show will take place Jan. 23-25, 2026.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.


The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.

Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

The lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.

Chandler got his start at Michelson Jewelers and has served as DCA president and CEO since 2001. He will retire at the end of the month.

The boutique is slated to open this week inside Terminal 8, offering pre-owned Rolex watches and more to international travelers.

Sponsored by Digital Monitoring Products

The special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.

Associate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.

The “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.

Two awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.

Berta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.

Sotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.

Winners will receive free registration and lodging for its fourth annual event in Detroit.




















