Reliance Retail Takes Netmeds Offline With First Physical Pharmacy Store in Chennai
Reliance Retail is bringing its online pharmacy brand Netmeds into brick-and-mortar, opening a physical store in Chennai. The move signals an omni-channel push into offline pharma retail, a fast-growing segment where organized players are chasing share against neighborhood chemists and rivals like Apollo and Tata 1mg.
Reliance Retail has entered offline pharmaceutical retail by opening a Netmeds store in Chennai, expanding the brand beyond its online pharmacy operations into brick-and-mortar retail.
Why this matters
Netmeds, previously an online-only pharmacy brand under Reliance Retail, is expanding offline for the first time. The Chennai store launch marks a shift toward omni-channel pharma retail in a segment led by Apollo and Tata 1mg.
Store-opening activity is steady with 1,261 signals in the last 90 days.