The new retail infrastructure does not include

The new retail infrastructure includes: flow, logistics, payment, property and technology.

Traffic: The combination of online stores and offline stores will bring new traffic entrances for both parties and promote the combination of online and offline retail.

Logistics: Model innovation can effectively reduce logistics costs, and also bring impact to the old logistics model of retail, providing more imagination space for new retail.

Payment: The rapid popularization of mobile payment and the cultivation of mobile payment habits have promoted the development of new retail.

Technology: Technology accumulation empowers the development of the retail industry and provides more possibilities for the evolution of retail formats.

Property location: Compared with the traditional retail format which requires extremely high property location, the new retail mode combining online and offline has significantly improved the flexibility of property location of each store.

New retail is a new sales model based on the Internet. This retail model is a model in which manufacturers, merchants and consumers integrate online and offline sales through technical resources such as network platforms, big data, Internet of Things, express delivery companies and resources in various circulation links. Compared with the traditional retail model, this model is simple, convenient and cost-saving, so it has been recognized by consumers.

New Retail, in English, means that enterprises rely on the Internet and use advanced technologies such as big data and artificial intelligence to upgrade the production, circulation and sales processes of commodities, thus reshaping the business structure and ecosystem, and deeply integrating online services, offline experiences and modern logistics.