February 28, 2018

A recent article by The Centurion highlights a survey from Senseon Secure Access which revealed that Jewelers nationwide are increasingly afraid of theft. The survey found shoplifting to be the most common crime committed against respondents.

Nearly one-third (31%) of respondents experienced jewelry loss through theft in 2015, 2016 or 2017. Shoplifting was the most common cause of theft, cited by 44% of respondents, followed by burglary (27%), employee theft (26%), and robbery (21%). 35% of jewelers who reported experiencing theft in the last three years saw an increase in shoplifting.

“Merchandise theft clearly is a significant reality for retail jewelers,” said Sid Kalantar, senior vice president of sales and marketing for Senseon. He recommended jewelers adopt high-tech solutions such as RFID, automatic relocking cases, and other electronic secure access locking systems, some of which can also be programmed to keep track of which employee opens which case at any given time.

Read the full article for the full survey results.

Source: https://news.centurionjewelry.com/articles/detail/industry-news-jewelers-worry-about-violent-and-non-violent-theft-24k-club-m