Cost Management of Retail Enterprises under the New Retail Format

Abstract

With the acceleration of the digitalization process, new retail is also emerging. With its convenient and flexible operation mode, new retail has become the trend of the current traditional retail industry transformation, and it is an inevitable choice for retail enterprises to achieve sustainable and healthy development. Based on the actual situation, this article analyzes some cost management problems which new retail enterprises are facing, and then proposes corresponding solutions to provide reference suggestions for the development of new retail enterprises.