Two people have been arrested following an aggravated burglary at a jewellery store in the Bay of Plenty.

A vehicle involved in the burglary at Michael Hill store in Whakatāne on Thursday afternoon has also been recovered and is being forensically examined, says Detective Senior Sergeant Ash Clements.

"Police are continuing to make enquiries to locate people involved, and would like to speak to anyone who witnessed the incident, or anybody with video footage from the area."

Ash says two men are due to appear in Whakatāne District Court today, charged with aggravated burglary.

Further charges are being considered.

"We understand the effects this has had on the victims who were in the store at the time.

"Victim support is working with the staff."

Anyone with information can contact Police by calling 105, or online at 105.police.govt.nz, using “Update Report”, and reference file number 240502/9091.

Information can also be provided anonymously via Crime Stoppers on 0800 555 111.