Jewelry store loses $250,000 in burglary and faces closure

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A jewelry store in San Francisco’s Chinatown lost $250,000 worth of goods in a robbery and is now at risk of closing.

Thieves struck Long Boat Jewelry around 4:30 a.m. on Nov. 16, NextShark reports. The burglary came just days after a vandalism incident in which the shop window was smashed, along with the door and fixtures.

The burglary “dealt a severe blow to the establishment which has barely survived two years of the pandemic and the restrictions that come with it,” according to NextShark. The store has been in business for 38 years, but owner Rosita Young isn’t sure she can keep it open after her lease expires at the end of the year.

“We’re a small retail business, not making a lot of money,” Young told the outlet.

She said she had received nothing from her insurance company. She said she was told that the police did not cover night thefts if the goods were not locked up.

Read more on NextShark

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