The middle class is changing its approach to buying jewelry and affordable luxury goods, the NRF said.
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

It marks the third consecutive quarter of growth for Cartier, Van Cleef & Arpels, Buccellati, and Vhernier.

The reseller’s market trends report, based on its sales data, also shows exactly how much Rolex prices have jumped since 2010.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

The auction house will be hosting a retrospective paying tribute to jeweler Jean Dinh Van and his company’s 60th anniversary.


The “Impermanence” collection contemplates nature through the Japanese art of Ikebana (flower arranging) and philosophy of wabi-sabi.

The Texas-based jewelry retailer has set up shop in Tennessee and Arizona.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

Eric Ford will step into the role, bringing with him decades of experience.

The “Celestial Blue” capsule collection campaign features Olympian Kateryna Sadurska.

The seasonal store, located in Mykonos, Greece, offers exclusive events, personal styling, and curated experiences.

The New England jeweler is hosting a bridal event for the month of August.

The trade-only event will host its debut fair in the Emerald City later this month.

Its sessions will focus on inventory strategies, staff performance, retention and acquisition, emerging market trends, and more.

For its 10th anniversary, Miseno designed the “Arco” earrings based on the Arco Felice, an arch conceptualized in A.D. 95 in Miseno, Italy.

The jewelry company is one of several contributing to relief efforts in the region after the recent floods.

Inspired by fiancé Sid Wilson’s nickname for her, the white and yellow diamond ring features a unique honeycomb design.

The brand is marking its 50th anniversary with a limited-edition bangle, high jewelry suites, new collections, and more.

Goldfarb said changes in the industry, coupled with his age and the updates needed to modernize his business, drove his decision.

Longtime LVMH executive Michael Burke has stepped into the role.

Central topics of next week’s event include climate action, labor rights, artisan preservation, and value retention in producing countries.

Vickie Rokkos has joined the jewelry company as its new national sales director of North America.

Turbulence will be the new baseline for luxury as it faces its biggest potential setbacks in 15 years, a recent report said.

Sponsored by Rio Grande Jewelry Supply

The “For the Love of Fruits” collection features five fruit pendants, each holding a different meaning.

Diamonds and crimes (some involving diamonds) top the list of National Jeweler’s most popular stories halfway through the year.

They discovered “The Dash Diamond,” named for their dog, at the Crater of Diamonds State Park earlier this month.