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Economy

Amazon considering opening up to 3,000 cashierless stores by 2021

Updated : September 20, 2018 06:42 AM IST

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.
Amazon considering opening up to 3,000 cashierless stores by 2021
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