In 2018, the global smart retail market size has exceeded 10 billion US dollars. It is expected that by 2023, the scale of smart retail will grow to 38.5 billion US dollars, with a five-year (2018-2023) compound annual growth rate of 24.12%. At present, my country's new retail is still in the early stages of market development, but the growth rate is strong. According to iResearch, the average annual compound growth rate of the new retail industry from 2017 to 2019 was as high as 115%, and the new retail market size is expected to exceed 1.8 trillion yuan in 2022. Although physical stores will not disappear in the foreseeable future, the impact of e-commerce and changes in consumer purchasing preferences have prompted physical stores to arm themselves with technology. On the one hand, they meet consumers' expectations for simple and smooth shopping and improve consumers' shopping experience. On the other hand, they create a digital management system to reduce costs and increase efficiency.