Reliance Retail Takes Netmeds Offline With First Physical Pharmacy Store in Chennai
Reliance Retail has launched a Netmeds brick-and-mortar pharmacy in Chennai, extending the brand beyond online medicine delivery into offline retail. The move signals an omni-channel pharmacy play in a fragmented, high-frequency category dominated by neighbourhood chemists and rivals like Apollo and Tata's 1mg.
Reliance Retail has entered offline pharmacy retail by launching a Netmeds physical store in Chennai, expanding the brand beyond its online medicine delivery operations into brick-and-mortar pharmacy retail.
Why this matters
Netmeds' first offline pharmacy in Chennai marks Reliance Retail's shift from online-only medicine delivery to an omni-channel play, taking on Apollo and Tata's 1mg in a fragmented category.
Store-opening activity held steady with 1,224 signals over the last 90 days.