Reliance Retail Takes Netmeds Offline With First Physical Pharmacy Store In Chennai
Reliance Retail has opened a brick-and-mortar Netmeds pharmacy in Chennai, extending its online drug business into physical retail. The omnichannel push pits Netmeds against hybrid pharmacy rivals as Reliance builds out a hybrid pharma retail footprint.
Reliance Retail launched a Netmeds physical pharmacy store in Chennai, extending its online pharmacy business into offline brick-and-mortar drug retail as part of an omnichannel strategy, competing with other hybrid pharmacy players.
Why this matters
Netmeds, Reliance Retail's online pharmacy, is moving offline with its first physical store in Chennai, signaling an omnichannel pharma strategy against hybrid pharmacy competitors.
Store openings holding steady with 1,137 signals over the past 90 days.