A Sense of Security

The fourth-quarter holiday season is when jewelers earn most of their annual revenues. It's also when they face the greatest security risks, say industry security and insurance experts. A third (34%) of all robberies of jewelers occur in October, November, and December, according to the Jewelers' Security Alliance (JSA), but other types of theft increase, too. There is a significant rise in shoplifting, grab-and-run theft, credit card fraud, bad checks, sneak theft, and attempted burglaries. Why the higher crime risk? Some reasons are obvious. All retailers increase their inventories for the holidays and do more advertising to promote the increased inventory—both of which are noted by thieves. "There also are more gangs operating at holiday time, going from city to city and state to state," says Hugh Mitchell, director of security for Samuel Gordon Jewelers, Oklahoma City, Okla. "T

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