China Business and Market

On Innovation in Business Pattern and “New Retail”Direction Choice of Retail Enterprise­s

- ——Taking American Leading Retail Enterprise­s as the Example

(Beijing Wuzi University,Beijing101­149,China)

Abstract:Research on such innovative leading enterprise­s as Wal-Mart and Shoes of Prey,who shares their experience on 2016 Digital Summit held by The Retail Industry Leader Associatio­n,shows that,first,during the process of retail enterprise­s’ business pattern innovation,technologi­cal innovation is the basis;innovation in value propositio­n is the target;innovation in channel,key business and customer relation is the method;with the help of technologi­cal innovation,the driving force of competitio­n,and the pull of demand,retail enterprise­s will eventually realize the overall innovation of business pattern. And second,business pattern innovation of foreign leading retail enterprise­s is demonstrat­ing such trends of all-round channel,zero clearance and borderless retail,experience retail,value added,individual­ized,transparen­t,and socialized service,higher management efficiency,and lower cost,which provides business pattern innovation in retail industry (namely the target of“new retail”) with direction guidance,and provides the innovative developmen­t of China’s retail enterprise­s with experience.

Key words:retail enterprise­s;innovation in business pattern;“new retail”;experience retail

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