Reliance Retail Opens First Physical Netmeds Store in Chennai
Reliance Retail has extended its online pharmacy brand Netmeds into brick-and-mortar with its first physical store in Chennai, signaling an omnichannel pharmacy play against rivals like Apollo, Tata 1mg and PharmEasy.
Reliance Retail entered offline pharmacy retail by opening the first physical Netmeds store in Chennai, extending its online pharmacy brand into brick-and-mortar and signaling an omnichannel pharmacy strategy.
Why this matters
The Chennai launch marks Netmeds' shift from an online pharmacy to an omnichannel model, mirroring multiple recent signals reporting Reliance Retail taking Netmeds offline with its first physical store.
Store-opening activity is steady, with 999 signals recorded over the past 90 days.