What are the four biggest expense costs in retail?

RETAIL SOLUTIONS UK NEWSWhat are the four biggest expense costs in retail? Operational performance in stores is a mixture of four things, one being expense costs. In this blog, HSO dives deep into the four biggest expense costs when it comes to retail. The four biggest expense costs in retail are:Store labour (Payroll)Occupancy costs (cost of space)Distribution from warehouses to stores or to customers’ homesMarketing, depending on how promotion-driven the retailer isThe major assets in stores are inventory, space and related fixtures and fittings. We now move on to consider how we can minimize expense costs and improve the yield from assets.