By Jason Del Rey.
Birchbox has recently been discussing a potential sale with several retailers, multiple sources told Recode.
One potential acquirer who has spoken with the beauty subscription startup is Walmart, these people said, with conversations taking place between Walmart’s U.S. e-commerce chief Marc Lore and Birchbox co-founder and CEO Katia Beauchamp.
It’s not clear how far along any of the talks are or whether they will result in a deal. Walmart has been on an acquisition tear under Lore, snatching up digital-first retailers like Bonobos and ModCloth, and continues to meet with other startups in the space.
Birchbox and Walmart declined to comment.
Read more at Re/code.