Trends in Financial Management of Operating Costs of Retail Network Business Structures

Abstract

The relevance of this paper is determined by the trends in retail trade over the past 10-15 years. Retail organizations are no longer independent business entities but integrated network structures. In this kind of organizations, the requirements to the quality of professional management in all the functional areas are increasing, including the quality of financial management. The authors focused on the diversity of scientific points of view on identifying the trends in the prospective development of retail chains, on the emergence of new approaches to financial management of distribution costs. The article analyzes the scientific approaches of foreign and Russian scientists to the definition and formation of circulation costs, considers the algorithm of cost minimization; identifies the key points of accounting and control mechanism of financial management of current distribution costs in retail chain businesses in the conditions of digital economy.