Amazon is reportedly planning to open 3,000 of its cashierless stores by 2021, Bloomberg said on Wednesday, planning a major push into retail as it continues to scale its online platform.
The e-commerce giant currently has three locations open in Seattle, where Amazon is headquartered, and just this past week opened a location in Chicago.
A representative from Amazon didn't immediately respond to CNBC's request for comment.
Shares of retailers including CVS, Walgreens, Walmart, Target and Kroger moved sharply lower Wednesday afternoon following Bloomberg's report.
This story is developing. Please check back for updates.
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