Preventing Loss

It is important to prevent external (customers) and internal (employees) retail theft and to avoid store and money loss – here are some tips to help maintain a safe store environment.

  • Entrance and Exit Store Layout – Having only one entrance and one exit makes it harder for the thief to escape and it is a better supervising process.
  • Never keep jewelry cases open and unattended.
  • Lock Your Products – It is harder for thieves to access expensive jewelry if they are put into cases that are locked.
  • Security Cameras – Cameras are essential to prevent store loss and theft. Thieves will less likely commit a theft if they are being watched and seen on camera.
  • Remember: Your counter display cases should be built in a way that does not permit someone to crawl under them.
  • Burglary resistant display cases have reinforced glass on the sides, as well as the top, in order to slow down robbers when they try to smash your cases – make sure you have these in your store!
  • Split your higher value merchandise among different display cases. Robbers frequently smash cases and remove goods themselves, rather than demand that the jeweler open the cases or safe. Time is of the essence for the robber who wants to get out of your store quickly. Making the robber’s job slower and more difficult will reduce the amount the robber can easily take.
  • More Employees – Multiple employees working in your store helps monitor people coming in and out of the store as well as watching each other. The more employees working, less likely someone will steal something.
  • Be sure that all showcases remain locked, except when an item is being taken out or returned.
  • Do not leave any goods out in display cases when your store is closed regardless of value, as it invites crime.

The representations made here are for illustrative purposes only.  Every business presents unique exposures, and you should consult your insurance agent, insurance carrier, a security professional, etc. for assistance in assessing the exposures relevant to your particular set of circumstances.