Reliance Takes Netmeds Offline With First Physical Pharmacy Store In Chennai
Reliance Retail is extending its 2020-acquired online pharmacy Netmeds into brick-and-mortar, opening a physical store in Chennai to contest India's offline pharma segment and build an omni-channel play against established chains.
Reliance Retail enters offline pharmacy retail by opening a Netmeds physical store in Chennai, expanding the acquired online pharmacy into brick-and-mortar to compete in India's offline pharma segment.
Why this matters
Netmeds shifts from its 2020 online-only origins toward omni-channel retail, with Reliance opening its first physical store in Chennai to contest offline pharma against established chains.
Store-opening signals held steady with 1,187 signals over the last 90 days.