Reliance Retail takes Netmeds offline with first pharmacy store in Chennai
Reliance Retail has opened a Netmeds physical pharmacy in Chennai, extending the digital-first brand into brick-and-mortar retail and signalling a broader omnichannel play in medicines.
Reliance Retail has entered offline pharmaceutical retail by opening a Netmeds store in Chennai, extending the online pharmacy brand into physical retail.
Why this matters
The Netmeds pharmacy opening follows Reliance Retail’s outlined JioMart e-commerce expansion strategy and reinforces the resurfaced January 2023 move to take Netmeds offline in Chennai.
Omni-channel activity is steady, with 1,444 signals recorded in the past 90 days.