Reliance Retail's Netmeds Move: Resurfacing January 2023's First Chennai Pharmacy Store
Resurfacing a January 2023 move, Reliance Retail had opened a Netmeds physical pharmacy in Chennai, extending its digital pharmacy brand into brick-and-mortar retail and signalling an omnichannel healthcare push.
Reliance Retail entered offline pharmaceutical retail by opening a Netmeds store in Chennai, extending the online pharmacy brand into a physical retail format.
Why this matters
The January 2023 Chennai opening matches recent signals on Reliance Retail taking Netmeds offline with a Chennai pharmacy store and its first Chennai Netmeds outlet, reinforcing the retailer's pharmacy omnichannel strategy.
Omni-channel is accelerating: +187300% QoQ.