Reliance Retail Takes Netmeds Offline With First Physical Pharmacy Store in Chennai
Reliance Retail has opened a Netmeds brick-and-mortar pharmacy in Chennai, extending its online medicine delivery brand into physical retail. The move marks Netmeds' entry into offline pharmacy, positioning Reliance against established chains in the fast-growing organized pharma retail market.
Reliance Retail has expanded into offline pharmacy retail by opening a Netmeds physical store in Chennai, moving beyond its online medicine delivery business into brick-and-mortar pharmacy outlets.
Why this matters
Netmeds, Reliance Retail's online pharmacy brand, is moving into physical retail with its first store in Chennai, entering the fast-growing organized pharma market against established chains.
Store openings holding steady with 982 signals tracked over the past 90 days.