How Retailers Are Preparing for Natural Disasters



Most of us don’t spend much time dwelling on natural disasters, but last year’s trio of hurricanes—Harvey, Irma, and Maria—along with devastating wildfires in California brought the issue into sharper focus. For jewelry retailers, the issue is one of safety for themselves, their families, and their workers. In addition to taking precautions to keep their homes and personal belongings safe, they have to ensure that their stores and everything in them—from data to the merchandise itself—weather the storm. “This year, there have been so many events, one right after the other, and so many reasons why jewelers need to carefully consider what their business continuity plan is,” says David Sexton, vice president of loss prevention consulting at Jewelers Mutual Insurance Co. “The insurance industry is looking at this very carefully.” Anticipate Risks To the extent that
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