Amazon plans on opening 3,000 Amazon Go cashierless stores by 2021: Report
Amazon Go stores have no cashiers and allow shoppers to buy things using a smartphone app.
A view of the new Amazon logistic center with the company's logo. Image: Reuters[/caption]Shares of US supermarket chains Kroger Co and Target Corp fell between 1 and 2 percent following the news. Amazon shares were down about 1 percent.The company currently has three Amazon Go stores in Seattle, and plans to expand in Chicago, San Francisco and New York.The Amazon Go store, which has no cashiers and allows shoppers to buy things with the help of a smartphone app, is widely seen as a concept that can alter brick-and-mortar retail.Customers have to scan a smartphone app to enter the store. Once inside, cameras and sensors track what they pick up from the shelves and what they put back. Amazon then bills shoppers’ credit cards on file after they leave.Amazon did not immediately respond to a request for comment.
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