Reliance Retail resurfaces January 2023 move: Netmeds' first Chennai pharmacy store
Reliance Retail had opened a Netmeds physical pharmacy in Chennai back in January 2023, extending its online medicine-delivery brand into brick-and-mortar retail and signalling an omnichannel push in healthcare.
Reliance Retail entered offline pharmaceutical retail by opening a Netmeds store in Chennai, extending the online pharmacy brand into physical retail.
Why this matters
The resurfaced January 2023 Netmeds store follows Reliance Retail's move to take Netmeds offline and aligns with its recent JioMart and dark-store scale-up strategy targeting EBITDA doubling.
Omni-channel is steady, with 1,789 signals recorded in the past 90 days.