Jewelers may be ‘greatly underestimating’ this risk.
About one in three of jewelers believe armed robbers pose the biggest security risk to their business’s financial health, according to the results of INSTORE’s 2017 Big Survey.
That is much higher than the one in 10 who perceive burglars to be the No. 1 threat.
To be sure, an armed robbery is a frightening prospect. But John Kennedy, president of the Jewelers’ Security Alliance, expressed concern that some jewelers may be “greatly underestimating” the danger of burglary, noting that in the first six months of 2017, it was the biggest source of financial loss for American jewelers both in number of events (103) and dollar losses ($8.9 million).
“With respect to burglary, jewelers can’t rely on TL-15 or TL-30 safes; they need line security for their alarms, and must respond with police to every alarm condition,” Kennedy said.
Shoplifters
Smash and grab thieves
Armed robbers
Burglars
Internet scammers
Staff
Home invasion/kidnap gangs
Ready to Relocate? Wilkerson Makes Your Move Seamless
When Brockhaus Jewelry decided to leave their longtime West Main Street storefront for a standalone building elsewhere in Norman, Oklahoma, owners John Brockhaus and Brad Shipman faced a familiar challenge: how to efficiently reduce inventory before the big move. Their solution? Partnering with liquidation specialists Wilkerson for a second time.
"We'd already experienced Wilkerson's professionalism during a previous sale," Shipman recalls. "But their approach to our relocation event truly impressed us. They strategically prioritized our existing pieces while tactfully introducing complementary merchandise as inventory levels decreased." The carefully orchestrated sale didn't just meet targets—it shattered them.
Asked if they'd endorse Wilkerson to industry colleagues planning similar transitions—whether relocating, retiring, or refreshing their space—both partners were emphatic in their approval. "The entire process was remarkably straightforward," Shipman notes. "Wilkerson delivered a well-structured program, paired us with a knowledgeable advisor, and managed every detail flawlessly from concept to completion."
