Network technologies as innovative solution in commodity circulation

Abstract

The paper identifies the specific features of innovations in the trade industry. Innovations, created in other industries, are preferably used in the area of trade. The types of innovations in the field of trade have been specified. The establishment of a networking commercial enterprise has been defined as an innovative solution, widely used in Russian and world practice. The current state of network trade has been investigated and the tendency of retail network expanding in the Russian Federation has been discovered. The concept of a multi-format establishment and the most perspective trade formats have been identified based on the example trading company X5 RetailGroup.