The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.
Security Breakdown: The Vulnerabilities That Could Cost You
Have you taken stock of how secure your store is from inventory shrinkage due to theft and unauthorized access to your retail space?
Brought To You By Brivo
Have you taken stock of how secure your store is from inventory shrinkage due to theft and unauthorized access to your retail space?
The stakes might be higher than you realize...
“The jewelry industry loses more than $100 million dollars each year [to theft]—and, because the crimes are often committed with weapons, sometimes they result in serious physical injury or death.”
However sobering that statistic, there is a bright side. The physical security industry continues to evolve and develop new solutions that can greatly improve the security of your business.
In past market research, Brivo found that the majority of respondents are overconfident in the security of their businesses. This overconfidence is spurred by a lack of understanding of the vulnerabilities in many security solutions.
As a small business owner, you need to know that your business is safe. Safe from unauthorized access to your store and theft. Let’s break down the vulnerabilities of some of the most popular access control solutions that small businesses use:
The Vulnerabilities
Security Solution: Lock & Key
- Keys are easy to duplicate
- It is easy to lose track of who has keys to your building or office
- There are no tracking capabilities - you do not know who is in your building or who has accessed your building at any point
- Rekeying in the event of lost or stolen keys can cost hundreds of dollars
Security Solution: On-Premise Access Control
- Expensive, IT-heavy maintenance
- Not easily scalable - as your business grows and more locations are added, on-premise hardware has to be implemented at each new location
- Updates require manual work creating an environment that is easy for cyber hackers to take advantage of
So What?
If your business doesn’t have video surveillance or access control, there is no way to adequately monitor employees, visitors or valuable assets.
What Now?
Cumbersome or incomplete security solutions are not the answer for small businesses. There are automated, simple and secure options available - and you might be surprised to learn there are affordable solutions for small businesses.
The Security Solution of Tomorrow…Today
Images of giant key rings with an infinite amount of dangling keys or a security guard monitoring 10 TV screens watching every entrance and hallway might come to mind.
The good news is… that’s old news.
Here
A Unified Security Platform
- Automate: save valuable time and manual work. View access records and video remotely from your mobile device.
- Simplify: manage all components from one system. Control access, view surveillance video, and set up alerts to unexpected access events from one platform on web or mobile devices.
- Secure: control all access at all times. Grant or revoke access and set up access schedules based on employee permissions.
Improve the security of your business with a scalable, unified platform that simply combines access control, video surveillance, mobile access and management, and visitor management.
You have a business to run. You always have too much on your plate. Don’t let the security of your business weigh heavy on your mind.
This is your business, your livelihood, your dream. Keep it safe.
The Latest

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

José Gaztelu has been promoted to the role, which has been vacant since last year.


It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

The retailer will cut 16 percent of its corporate workforce as part of its plan to exit bankruptcy.

Of the many examples used in the filming of “Le Mans,” this one is believed to have spent the most time on Steve McQueen’s wrist.

Megan Piccione dressed Lauren Wasser in layers of diamond jewelry, making her stand out in a crowd that included celebrities like Beyoncé.

Following decades of association leadership, the “semi-retired” colored gemstone expert is turning his focus to gemstone education.

The museum’s new exhibition will feature one of Jesse Owen’s Olympic medals, Yogi Berra’s crown, Super Bowl rings, and more.

The new program provides access to media exposure and editorial opportunities for exhibitors and retailers.

The “Eclipse” jewelry collection captures the fleeting moment where light and shadow align though onyx, diamonds, and freshwater pearls.

Buying discipline at trade shows starts with clarity about your inventory levels, Smith writes.

Lazaro Rodriguez Vega was murdered inside Cash Out Gold and Silver in Fort Pierce. A 20-year-old man has been charged in the case.

Their partnership combines Gemist’s customization technology with Saban Onyx’s U.S.-based manufacturing capabilities.

Respondents were concerned about the Middle East conflict and how it will impact their finances.

Our Piece of the Week, the “Butterfly” necklace, showcases a 7.02-carat oval diamond set between diamond, platinum, and 18-karat gold wings.

Smith uses a comment he overheard in the grocery store to remind retailers that their job is to inspire buying behavior, not just sell.

“A Girl SMR at Claire’s” celebrates girlhood through the five senses with stacked jewelry, slime toys, scented accessories, and ASMR.

Believed to be one of three made in 1987, the Cartier London Crash was hot at the “Shapes of Cartier” sale at Sotheby’s Hong Kong.

Officials are looking for a group that robbed Marc Robinson Jewelers at an outlet mall in Round Rock, Texas, in broad daylight on April 21.

Sponsored by OROAREZZO International Jewelry Exhibition

Some retailers are taking a nuanced approach to marketing what can be a difficult holiday for many.

























