Reliance Retail took Netmeds offline with Chennai store
Resurfacing a January 2023 move, Reliance Retail had opened a Netmeds pharmacy store in Chennai, extending the e-pharmacy brand into physical retail and signalling a push toward an omnichannel healthcare model.
Reliance Retail entered offline pharmaceutical retail by opening a Netmeds store in Chennai, extending the e-pharmacy brand into physical retail.
Why this matters
The Chennai opening aligns with recent resurfaced signals describing Reliance Retail's first Netmeds pharmacy store and its move to take Netmeds offline.
Store-opening activity is steady, with 1,594 signals recorded in 90 days; QoQ change was not provided.