This research delves into the incorporation of a biphasic ejector and parallel compression in cooling systems using R290 as a refrigerant, aiming to enhance both efficiency and overall performance. This inventive strategy seeks to connect the divide between traditional methods and to uncover fresh possibilities for energy conservation. The investigation employs thermodynamic modeling, mathematical simulations, and comprehensive analysis to assess energy, exergy, economic and exergoeconomic performance within a novel configuration, particularly in retail sector applications operating at moderate evaporation temperatures. The research examines thermodynamic occurrences within an innovative cycle characterized by steady-state conditions, low-pressure differences, and adiabatic efficiency. This configuration adeptly extracts heat at elevated temperatures, surpassing the performance of both traditional and parallel cycles. The study also explores the dependence of the performance coefficient, exergetic efficiency, and the total product unit cost depend on the main operating conditions. Results demonstrate significant efficiency improvements, leading to a boost in coefficient of performance during transitions in the evaporator temperature by over 98%. Additionally, rising the pressure at the inlet of the second compressor results in a 16% reduction in the overall unit cost of the product. These findings illustrate significant energy conservation and enhanced performance under various operating conditions.