Amazon is reportedly planning up to 3,000 cashierless stores by 2021

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Amazon is considering opening 3,000 of its cashierless stores by 2021, Bloomberg said in a report on Wednesday, based on conversations with people familiar with the matter. The e-commerce giant’s push into retail would threaten the likes of convenience stores and fast-food chains across the U.S. selling items for customers in a pinch for time.

automated grocery stores promise “no lines, no checkouts, no registers.” Customers simply scan their Amazon Go apps as they walk into the spaces — which are roughly 2,000 square feet — pick up whatever they want, and walk out.

“We don’t comment on rumors or speculation,” an Amazon spokesperson told CNBC in an emailed statement.

Shares of retailers including CVS, Walgreens, Walmart, Target and Kroger moved sharply lower Wednesday afternoon following the report.

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