Prior-based methods for low-light image enhancement often face challenges in extracting available prior information from dim images. To overcome this limitation, we introduce a simple yet effective Retinex model with the proposed edge extraction prior. More specifically, we design an edge extraction network to capture the fine edge features from the low-light image directly. Building upon the Retinex theory, we decompose the low-light image into its illumination and reflectance components and introduce an edge-guided Retinex model for enhancing low-light images. To solve the proposed model, we propose a novel inertial Bregman alternating linearized minimization algorithm. This algorithm addresses the optimization problem associated with the edge-guided Retinex model, enabling effective enhancement of low-light images. Through rigorous theoretical analysis, we establish the convergence properties of the algorithm. Besides, we prove that the proposed algorithm converges to a stationary point of the problem through nonconvex optimization theory. Furthermore, extensive experiments are conducted on multiple real-world low-light image datasets to demonstrate the efficiency and superiority of the proposed scheme.